Answer:
A 3000% return or more is possible in just the first year of an SUP rental using conservative estimates:
Board Cost: $1,000
Rental Scenario:
- $20/hr (can be $20-$40/hr)
- 5hr/day (can be 8hr-10hr rental day)
- 5 days/wk (can be up to 7 day/wk)
- 30 weeks/yr (can be year round)
$20 x 5 hours x 5 days x 30 weeks = $15,000
(Usage estimates can vary due to seasonal rentals in some areas. In areas where year round rental services are possible, or when service expansion through tours, classes, and package combinations are utilized, an even higher rate of return is possible.)