Business Idea: Start A Yacht Rentals Business in 2024

Pat Walls

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Updated: October 2nd, 2024

Monthly Revenue

$12M

Market Size

$19.7B

Market Size

$19.7B

Market Size

$19.7B

Owning a yacht for a rental can be a profitable business venture. Chartering yachts presents a unique opportunity that can lead to profitable opportunities.

To start a yacht charter business, find the right market. Consider markets where the weather is good for water activities and a region frequented by tourists. Then, write a comprehensive yacht hire business plan that includes all expenses and revenue opportunities for your business.

You can buy or lease a yacht. Leasing can be a short-term plan, but buying your yacht is the ultimate long-term plan for your business.

Startup Costs

How much does it cost to start a yacht rentals business?

It can cost as low as $200 to start a yacht rentals business.
It can cost as high as $1,000,000 to start a yacht rentals business.

Learn more about the costs of a yacht rentals business.

Examples Of Successful Yacht Rentals Businesses

Successful yacht rentals business businesses and case studies

My Elite Rentals Business in Dubai Makes $12 Million/Mo

A luxury yacht rental business in Dubai generates $12M monthly by offering exclusive experiences with over 50 private yachts, charging between $2,000-$4,000 for 4-hour charters, and upselling additional amenities like supercars and bespoke services to VIP clients.

$12M Monthly Revenue

$1M Startup Costs

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