Let other people’s adventures be your source of income!
A love of exploring the fantastic outdoors in the seat of a three or four-wheeler is just what people need to get a little excitement, and you can help people find it. You’ll meet all kinds of adventurers and novices, from families, to professionals, to anyone. Here’s what you need to consider to start your ATV Rental business journey:
As you can see in this graph of atv renting demand from 2004 to August 2021, ATV renting is back on the rise in Florida. This is a fantastic time to get into this business if you are interested.
The ideal place for renting ATV’s is a place with open space and back country recreational areas where the machines are been permitted nearby. Many ATV Rentals places use state parks through an agreement, or even family owned land. Check with your local federal or state agency which manages the region to learn what licenses or permits are needed to allow ATV riders in your designated area.
If you’re trying to find a building to work out of, you’ll need to decide whether you will have your own garage for doing service and repairs, as well as an office space. You’ll require an automobile storage space that is covered to keep your vehicles in tip-top shape. The best place for this kind of business would be just off a highway, well away from major areas to keep your riders safe.
ATV Insurance is mandatory to cover injuries, but a smart approach is to provide extra insurance to your customers, for an extra charge. This would cover collisions, damage, and any other troubles beyond what your base policy covers.
Be sure to explain the necessary deductible before the you charge them. However, if you choose to do so, you can automatically include it in their charge. If your client claims to already have insurance, request a copy of their coverage to affirm leases and rentals are also covered by it. A waiver may also be necessary to prevent legal troubles, lawsuits, and insurance disputes.
If your clients refuse insurance altogether, they will need to sign a waiver making them legally responsible for all proceedings therein. Waivers are an included feature provided for free on the Rockon Recreation Rental platform.
Buying ATVs will be the most expensive thing you do. Begin your search with used ATVs in good condition to save you money. Start your business with the bare minimum, then increase the number in your fleet as demand increases. For example, you may receive requests for different kinds of vehicles, such as ones for children, double-seaters, and more. If you market to folks who will need to carry extra gear for excursion or hunting purposes, it can get even more expensive.
Our recommendation? Start with low cost vehicle, that you can rent for cheap to break into the market. If you look around, you will see most four-wheeler rentals start at $250 for 4-hours. Most people don’t want to pay that much. Come to the market with rentals at a fraction of that price, and you are sure to attract customers.
Customers wont mind traveling if it will save them a hundred dollars.
As of now, we are seeing a lot of demand in South Florida, with basically no service providers whatsoever. People are forced to travel to central Florida, and they still have to pay the high prices required by the big ATV rental agencies. If you are in South Florida, or North Florida and feel like opening an ATV Rental business, or offering your ATV’s to rent, your likelihood of success is very high, especially if you are offering very low rates.
Check out this graph showing locations of ATV rental demand in Florida. You can see there is a lot of interest in South Florida, but the opportunity is that there are basically no operators in that area. Even Central Florida has a few providers, but there is so much demand that they can hike up their prices. If you swoop in with your ATV rental business with great prices, serving these underserved communities, it’s sure to take off.
Training your clients before letting them loose is the best way to prevent accidents, damage, and other troubles. You may need equipment to transport your fleet, or a rental service to do it for you. Additionally, leasing hitches and trailers means that you will be required to show clients how to unload the items. Delivering ATVs and Land Rentals into the trail-head demands hiring and monitoring a seasoned motorist.
If you are the only business in the area renting ATVs, you have more flexibility with pricing. However, of course, if you have local competitors, it becomes difficult. Rentals are based on time, type, and add-on equipment. Additionally, a deposit gives you leverage to get your equipment back or pay for damage caused by the client. You can choose to charge by the day, hour, or offer package deals. Should you lease or provide goggles, gloves or helmets, add these prices into their bill as well.
If you choose the route of renting your own ATV’s as a side business, getting the world to learn about your new rentals is always the hardest, and most expensive question. Where do you put your money so that they right people see it at the right time? What mediums should you use? How can you get to market quickly? What’s the short term strategy, and what’s my long term marketing strategy? Should I use tracking software? Booking software? How do I build my website? How do I do digital waivers?
These are all valid questions for newly minted rental business owners, and the good news is; you don’t have to worry about it. Rockon Recreation Rentals has you covered with free tools for you to use using the Activity Booking Software, and Tour Operator Software. Rockon Recreation Rentals was created to help renters like you reach your market quickly and easily by giving rental operators access to the tools, and to the stream of consumers who are searching for things to do.
Simply sign up your licensed and insured ATV Rental operation for free, build, monitor, and optimize your listing, and watch your revenue grow on your Rockon Recreation Rentals Dashboard.
Provide amazing service, at a good rate and the wealth will slowly begin pouring in! Are you ready?
ATVs are quickly becoming a popular form of transportation in developing countries. This is because they can be used not only for fun but also as an effective means to get people from point A to B. In the western hemisphere, though, the market is considerable since a great number of people would want to experience the thrill and excitement of riding an ATV.
In 2017 the global market was valued at $7.6 billion. It was projected to grow by about 6.7% starting in 2020 before accelerating even more rapidly over the next few years- reaching nearly $11 billion within 2027, according to some analysts’ estimates!
If you are considering starting a new business but don’t know which industry to pick, an ATV rental company would be a “Fun and profitable” ride for you! Here’s a look at what you need to know before getting started.
Spoiler alert: it’s not as hard as it might seem! You’ll be on your way to success with the proper planning and execution. So read all the information you need to get this venture off the ground.
There are a few things you should know before getting started. First and foremost, you’ll need to create an ATV rental business plan. This document will outline your business goals, strategies, and how you plan on achieving them. Additionally, it’s important to research the rental business market to see what kind of competition you’ll be up against.
Once you’ve created a business plan and done your market research, it’s time to start setting up your rental business. This includes finding a suitable location for your business, acquiring the necessary equipment, and marketing your business to potential customers. With careful planning and execution, you can own a successful ATV rental business in a realistic timeframe!
Covid-19 impactThe outbreak of Covid-19 has significantly impacted the rental business market.
As a result, many businesses have been forced to close their doors, either temporarily or permanently. This has created an opportunity for new businesses to enter the market and fill the void left by these closures. Make sure to factor this into your business plan and strategies. Additionally, be prepared to adapt your business plans as the situation evolves. The rental business market is constantly changing, and you’ll need to be flexible in order to.
How will you finance your ATVs for the upcoming season? Depending on the make and model, a new ATV can cost around $10k. However, you could purchase used vehicles less than two years old and in good condition at a better price. Let’s say each one runs about 6500 dollars which isn’t too far off from reality. Assuming 20 such purchases make up our fleet, we’ll spend 130K total! Add onto this expense any building lease/purchase costs. This is without considering the land access fees if needed, which may be associated with public areas (Where customers often go while renting their buggies).
We’ll need to generate some serious revenue to turn a profit with this business. Off-road vehicles are popular among adventurers and adrenaline junkies- perfect for our target market! To turn these prospects into customers marketing efforts should be placed in locations where these types of people frequent-such as outdoor/adventure festivals. Sports stores, outdoor equipment retailers, and other places where our target market shops and hangs out are all excellent options. Also, simple online ads can be placed on websites like Craigslist or Facebook marketplace.
The average rental rate for an ATV is about $250 per day. If we can get just ten customers each day, that’s a gross income of $2,500! After accounting for operational costs like fuel, maintenance, and repairs, we can still expect to see a healthy profit margin.
Assuming a 20% net profit margin, each ATV would need to generate about 800 dollars to make back its purchase price after a season of use. This number doesn’t include any operational costs such as gas, maintenance, or repairs that would need to be carried out throughout the season.
However, if we managed to get just 10 ATVs rented out per day at an average rate of 80 dollars per half-day, we would reach our goal of 800 dollars in profit! This is achievable with some effective marketing and a good reputation.
To make things even more profitable, we could always offer additional services such as guided tours or package deals that include rental gear and equipment. Doing this can further increase our margins and bring in even more revenue.
So there you have it! Your ATV rental business can be quite profitable with careful planning and execution. Remember to factor in all necessary costs and always strive to provide excellent customer service.
It’s on the riseATVs are a popular way for tourists to explore new trails and activities worldwide. However, there is something for everyone at an ATV or Side-by-side rally. Whether you enjoy the thrill of getting dirty on dirt bikes or looking cool while driving a camo pickup truck with friends, the experience with an ATV is one you’re unlikely to forget.
If off-road fun gets YOU excited, then these events will not disappoint!
ATV events in the United States are frequent and can be found year-round. Like White Knuckle Event, which isn’t a weeklong festival but takes place over Memorial Day weekend and features most of the activities as other rallies. Or, for those who love riding on ATVs and UTVs, there is no better place than Utah. The state offers more jamborees than any other, with over 30 per year! You can find one going at least once a month through September this year alone (and May- June too)!
ATV Circuit recently opened an off-road track in India that allows visitors from all walks of life – including those who drive small cars like me! This year they’re hosting the Noida Cup championship, which will be held on May 12th at their 1 km long course with 80cc vehicles up through 350CC four-wheel drives.
Location is the keyYou’ll need an ATV rental place with open space and backcountry recreational areas nearby.
Before going any further, check if the region’s federal or state agency manages those designated regions. Depending on the type of business type, they may require licenses for operating in their area. A good spot would also offer protection against weather conditions such as high winds, which could cause problems when riding outside all day long without shelter.
So, for location, there are a few things to keep in mind:
This is especially important if you plan on riding outside all day.Going into an ATV rental business with older, lesser-quality equipment is like going on a wild ride through bumpy terrain. After a while, you’ll realize the importance of a new model and want nothing more than what’s best for your customers! When we say “ATV Rentals” (or UTVs/dirtbikes), think about everything: from sleek RZRs to heavy-duty quads. But if quality matters too, then make sure they’re equipped with enough horsepower, have good brakes, and are from a reputable brand.
Here’s a more detailed list of what to consider before making your purchase:
Ultimately, the best way to figure out what type of gear to buy for your ATV rental business is to consult with an experienced professional. They can help guide you toward models suited to your budget and terrain. And remember, it’s always better to err on the side of caution when it comes to safety!
Buying Vs. FinancingNow that you know what type of gear to buy for your ATV rental business, it’s time to decide whether to finance or buy them outright.
Of course, both options have pros and cons, so it’s important to weigh your options carefully before making a decision.
Buying might be the better option if you’re looking to save money in the long run. But suppose you need the flexibility of being able to upgrade or replace your equipment down the line. In that case, financing might be a better choice.
Here are some things to consider when making your decision:
The initial cost.When you buy, you’ll have to pay the full price upfront. But when you finance, you’ll only have to pay a down payment followed by monthly installments.
The interest rate.If you finance, you’ll have to pay interest on the loan. The higher the interest rate, the more you’ll end up paying in the long run.
The length of the loan.The longer the loan, the lower your monthly payments, but the more interest you’ll pay.
Your credit score.If you have a good credit score, you’ll likely qualify for a lower interest rate and might be able to get a better deal on your loan.
Ultimately, the best way to decide whether to finance or buy your ATV rental gear is to compare offers from different lenders and see what works best for your budget. You can also talk to a financial advisor to get help with making your decision.
About InsuranceATV Insurance is a must-have to cover any injuries your customers may sustain while on their ride. Still, it’s important not only they are covered by the proper policy. A smart move would be providing them with an extra charge for collision and damage insurance as well so that in case anything goes wrong outside of what’s included within basic coverage (which can sometimes come at high rates), you’re Vikings will still have protection! Before charging this fee, though, ensure all details around what constitutes “extra expenses” were made clear from day one. Otherwise, someone who has never been insured might find footing costs beyond their means without even realizing it.
ATV insurance policies typically fall into two categories:
Separate coverage may be required for each, depending on the insurer. For example, an ATV policy is explicitly designed for quads or four-wheelers used solely for recreation. In contrast, an ORV policy covers a broader range of off-road vehicles, such as dune buggies, golf carts, and go-karts.
Some insurers may offer a combination ATV/ORV policy, which can save you money if you have both types of vehicles. However, in most cases, it’s best to purchase separate policies for each.
The specifics of an ATV insurance policy can vary by insurer, but in general, coverage may include:
Here are a few tips on how to set your rental pricing structure:
1. Know your costs. Before setting any prices, you need to know how much it costs to rent an ATV. This includes the cost of the vehicle itself, as well as any maintenance or repair costs.
Once you know your costs, you can start to mark up your rental fee accordingly.
2. Consider the competition. Take a look at what other ATV businesses are charging. This will give you a good idea of the going rate for ATV rentals. You don’t want to charge too much or too little compared to other businesses.
3. Offer discounts. One way to attract customers is to offer discounts on your rates. For example, you could offer a discount for multi-day rentals or groups.
4. Be flexible with your pricing. Finally, be willing to negotiate on price. Some customers may be willing to pay more if they feel they are getting a good deal. Others may be more price-sensitive and need a lower rate to rent from you. It’s important to be flexible to get the most business possible.
Software to run your businessVarious rental management software is available to help you run your ATV rental business. Choose one that will allow you to track inventory, customers, reservations, and payments quickly and efficiently.
Some things to consider when choosing rental software for your ATV business:
The right rental software can help you run your ATV business more efficiently and profitably. Take the time to find the right program for your needs, and you’ll be glad you did.
How to market your businessYou know that marketing is key to getting customers through your door. But what’s the best way to market your ATV rental business?
There are a number of ways you can promote your business, both online and offline.
Here are some ideas to get you started:
1. Create a website. A website is a great way to promote your business and give potential customers all the information they need about your services. Make sure to include clear pricing information, photos of your ATVs, and contact details on your website.
2. Use social media. Social media is a powerful marketing tool that can help you reach a large audience with little effort. Create profiles on popular platforms like Facebook, Twitter, and Instagram, and regularly post engaging content that will encourage people to check out your business.
3. Get listed in online directories. Online directories are a great way to get your business in front of potential customers looking for ATV rentals in your area. Add your business to popular directories like Yelp and Google My Business.
4. Run a promotion. Running a promotion is a great way to generate interest in your business and attract new customers. For example, offer a discount on your services or run a contest where participants can win a free ATV rental.
5. distribute flyers and posters. Flyers and posters are another great way to offline promote your ATV rental business. Please place them in high-traffic areas like grocery stores, coffee shops, and gyms.
6. Sponsor a local event. Sponsoring a local event is a great way to get your business name out there and show your support for the community. Choose an event that would be popular with your target audiences, such as a charity 5k race or a music festival.
7. Give away freebies. Everyone loves free stuff! Give out branded items like t-shirts, water bottles, or stickers to help promote your ATV rental business.
8. Get involved in the community. Community involvement is a great way to connect with potential customers and build goodwill for your business. For example, volunteer at local events, sponsor a youth sports team or donate to a local charity.
9. Host an event at your business. Hosting an event is a great way to promote your ATV rental business and give potential customers a chance to check out your facility.
For example, offer free test rides, hold a BBQ, or host a holiday party.
10. Offer delivery to customers who want to use the ATV in other locations. The delivery charge can be another additional source of income for you. You can either rent transportation equipment (To load the ATV on) or offer a flat rate delivery charge based on the region. This can be easily calculated by the rental software you are using.
11. Get connected with your local tourism boards and chambers of commerce to spread the word in tourist centers and communities.
12. Advertise in the local newspaper or on radio stations. Advertising in the local newspaper or on popular radio stations is a great way to reach potential customers who might not be aware of your business.
Regardless of your marketing strategies, be sure to focus on creating quality content that will appeal to your target audience.
ConclusionATV rental businesses can be a great idea to generate income and provide people with a fun activity.
To be successful, you’ll need to choose the right software, market your business effectively, and provide excellent customer service. But, with a little effort, you can build a thriving ATV rental business!
Home » Business Plans » ATV rental business from scratch
Author Vasily Zhdanov Reading 4 min Views 3.4k.
ATVs are a convenient mode of transport for overcoming forest, water, mountain and other difficult road sections. Such vehicles are much more compact than cars, more powerful than bicycles and more stable than motorcycles.
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The high cost of ATVs is reflected in the fact that few owners of four-wheeled all-terrain vehicles are found on Russian roads.
For such a price, fans of extreme competitions prefer cars. On the one hand, there is a great desire to become a member of the off-road driving team, and on the other hand, the investment of a large amount of money to buy an expensive vehicle.
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This dilemma presents entrepreneurs and ATV rental companies with a unique opportunity.
Genuine interest in this type of off-road movement, the desire to overcome the difficulties that arise in this case, to increase adrenaline - all this provides broad prospects for the development of this business, which will take its rightful place in the extreme sports industry. In addition, the increased demand for such outdoor activities also contributes to the development of the ATV rental business.
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The ATV rental business is represented by two formats that allow you to determine the initial investment required to open a rental shop.
The first format includes the creation of a traditional rental office operating according to the standard scheme of providing a vehicle to customers and making a profit for the service provided.
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The second format is represented by an entertainment center for off-road driving enthusiasts. It includes services for providing customers with rented equipment and further entertainment for visitors. This format of entertainment is distinguished by cosiness, comfort and high quality of service. To create a full-fledged entertainment center, they invest more money, unlike the first option to open a traditional rental point, which is much easier and faster to organize at a lower cost.
Get access After determining the format of the future business, they develop a business plan for renting ATVs. It will provide a complete picture of entrepreneurial activity, including income and expenditure items. To create a full-fledged entertainment center, you will need start-up capital for arranging difficult sections of the route and an office located next to the route. It is desirable that the rugged terrain contains:
This will be the best option for building a track that will satisfy potential visitors. The boundaries of difficult road sections are marked with special flags or other identification marks.
A prerequisite for starting a business of any format is the presence of office buildings and warehouses. When creating a regular rental point, it is allowed to locate an office within the city or near it. An office space will be required for documentation and meetings with clients.
Warehouses are designed to store ATVs. Dry closets, sheds with barbecues, showers will significantly expand the customer base and create comfortable conditions for outdoor enthusiasts. In addition, they will bring additional income.
Equipment is purchased at the final stage. A batch of ATVs for rent is one of the main tools for making a profit. Models and types of purchased equipment depend on the financial capabilities of the businessman. If there is a large amount of start-up capital, then there will be new and best world models in the ATV fleet. The second option, which involves buying used vehicles, is suitable for a novice entrepreneur with a modest initial investment. Foreign used equipment markets provide a large selection of ATVs that can easily overcome difficult sections of rough terrain. ATV rental shop usually contains 8-10 pieces of equipment. Used motor vehicles from China are of low cost, but their quality leaves much to be desired. The best solution would be to buy a batch of used ATVs from Japan.
This will save money and give you confidence in the high quality of equipment.
Conducting an advertising campaign is one of the mandatory activities carried out to find the target audience. Information on electronic billboards, billboards, and advertisements in local media will help you find your first customers. ⊕ Download 100% unique car rental business plan from scratch (32 pages in word). Part of the material is taken from the business portal "Who's in business"
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Author Andrey Merkulov Reading 7 min Views 1.
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ATV rental business is an interesting and entertaining type of extreme services. The relatively high costs of opening a business (over $30,000) are more than paid off by the extra charge and the existing demand for the service. However, the profitability of the business depends on a number of factors, to a large extent - on the location of the rental and the organizational skills of the entrepreneur.
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The main cost of starting a business is the purchase of ATVs.
Cheap Chinese technology should not be considered - the issue of reliability should come first. The opinion of customers and the reputation of the entire business will depend on this. For a small rental, three ATVs with a total cost of $ 20-25 thousand are enough.
To avoid unnecessary problems with the law, it is recommended to buy ATVs with a capacity of up to 50 cubic meters - in this case, a category "A" driver's license and insurance are not required. However, the power of such machines is extremely low, which may not appeal to lovers of fast speeds. Therefore, options with a more powerful engine are also needed. Here, as they say, at your own peril and risk.
In addition to ATVs, you will need to purchase additional accessories. equipment:
Total hardware cost is about $30,000. You can't count on anything less when it comes to new technology.
Next, you need to register your business. At your choice - registration of individual entrepreneurship or opening a legal entity (LLC). In principle, an ordinary IP is enough for a small rental point, especially since the procedure for opening and closing is extremely simple and not so expensive (which cannot be said about opening an LLC). OKVED code 71.21.1: "Rental of other motor vehicles and equipment." Taxation - simplified system (USN) or patent. ATV rental activities are not subject to licensing.
You should decide on the place of rental (track), as well as consider the issue of storing equipment. For this, a heated garage room with an area of \u200b\u200b25m2 is suitable. There you can also organize a point of inspection and repair of ATVs.
The ideal option is when the point of rental and storage of equipment is located in one place, this removes many problematic issues, in particular, the delivery of equipment. To deliver equipment and equipment to the rental place, you will need a car with a trailer, or better, a spacious van. If finances are not enough, you will have to agree with a third-party carrier organization. When working with a VIP client, the order is made for a minimum of 6 hours plus the cost of delivery and a deposit.
For those who decide to rent snowmobiles, it is advisable to purchase snowmobiles only if you live in the northern or near northern regions. In more southern cities, it will not be possible to recapture the season due to a short winter. According to business representatives, snowmobiles also have another significant disadvantage - the high cost of maintenance. The choice of ATVs in this case looks preferable. They are more versatile and can work in any season, which cannot be said about snowmobiles, which will not go without snow.
At the same time, nothing prevents us from having both equipment in stock in order to please every client.
Rental should be organized where there is an appropriate infrastructure - camp sites, recreation centers, picturesque areas, tourist routes. Where there are many vacationers and tourists. Therefore, the most profitable places for rental are resort and tourist areas. In Russia, for example, this is the Krasnodar Territory or Lake Baikal. In such places, it is extremely profitable to run a rental business due to the large flow of solvent customers. This does not mean that it is not particularly profitable to conduct such a business in other cities. It all depends on the organizers - how they can attract customers, how interesting they will make the route.
Speaking of routes. A wooded area with winding paths, slopes and climbs is ideal as a training ground. This creates a great feeling of extreme. Some things can be done artificially - to make embankments, ditches, bridges.
People are always interested in overcoming obstacles - they are ready for hours to learn how to pass difficult routes - and time works for you. In rainy weather, the cost of rental, as a rule, increases - some customers prefer just such rental conditions.
The average cost of renting by region is $50 per hour. Basic expenses: fuel, instructors' salaries, repairs, equipment insurance. Fuel consumption is approximately 5 l / 100km plus depreciation. Instructor's salary - piecework - bonus, salary + percentage of rental (5-10%). Net income, on average - $ 30 per hour of rental. With a daily load of 5-6 hours, the profit from one ATV is 150-180 dollars per day.
Many channels can be used to advertise a business: mass media, outdoor advertising, billboards, distribution of flyers and leaflets, social media promotion. networks, creating your own business card site. A good effect is the cooperation with travel companies, holiday agencies, sports shops.
It is important to consider the issue of security, including legal. An ATV is a rather dangerous thing in inept hands, you can easily turn up, roll over, etc. Therefore, before each race, you should conduct a brief safety briefing and sign a receipt with the client on the client’s full responsibility for their health and safety. It is also recommended to take a deposit of at least $ 100 - this amount is just enough to repair dents and minor faults.
Inadequate "carriers" - one of the main pitfalls of business. Fighting methods are different, here are some of them:
ATV rental business for many beginners seems understandable, affordable and profitable. However, before starting a business, you should carefully study the demand for the service. Indeed, in the future, the income of the business depends on this - if there are not enough customers, the costs of repairing and maintaining vehicles may simply not pay off. Business gurus recommend paying attention to an alternative rental vehicle – SUVs. For example, based on a UAZ car. The advantages are obvious - 4 people will go crazy in a jeep, hence the lower rental cost and higher client flow. The cost of spare parts is no higher than in the case of ATVs. Moreover, the start-up costs for opening a business can be even lower - there are plenty of used offers on the auto market.
A selection of video rentals: [youtube //www.youtube.com/watch?v=xBLtgDcAgE0?rel=0&wmode=transparent]
Quad rentals in winter: [youtube //www.youtube.com/watch?v =D20uYoNmrIA?rel=0&wmode=transparent]
One of the key moments in starting a ATV rental business is paperwork and resolving all legal issues.
