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How To Start An ATV Rental Business Using These Essential Pages

November 22, 2018 458 views

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Select Resources For Starting An ATV Rental Business

If you enjoy being around ATVs, working on them, talking about them, keeping up to date of new models, and enjoy using them on trails as well as going on adventures, then a startup renting ATVs could be a startup choice that’s just right for you.

As mentioned above, when you appreciate ATVs and have a keen interest in them, that translates into a passion, and that passion is a crucial factor that drives business success.

If you have a passion for your business, you have a better chance of making it work than starting a business for other reasons.

When you’re passionate, you work twice as hard to make the business work as opposed to starting a company that, for example, you’re in just for the money.

In this post, you’ll find a few considerations you need to think about before starting your ATV rental business, and after that, you’ll get resources offering the “How To’s” and get into the details. Our resources section is a collection of hand-picked articles and videos that can help if you plan to move ahead with your startup.

One of the benefits of having a collection of articles from a variety of authors is you’ll get a broad understanding from different perspectives.

Demand for ATV Rentals

When you consider the location of your startup, you’ll need to do your research to determine if there is a market for ATV rentals. If there is no demand for ATV rentals, then there is no reason to start your business in that location.

Financing

How will you finance your ATVs? A new ATV can range around $10,000, depending on the make and model. You could purchase ATVs that are less than a couple of years old, in good condition for a better price. For the sake of argument, let’s say each ATV costs $6,500.

Assuming you have a busy location, you may need to purchase 20 ATVs that can be rented at the same time. Keep in mind, a lot of people rent out ATVs in groups. Twenty ATVs at $6,500 each will cost you $130,000.

Add in the cost for your building, whether it’s leased or purchased. You may have a charge associated with the land and trails where your customers take their ATVs if it’s not a public area where ATVs are allowed. With all these considerations, you can see that there are a lot of startup costs you need to consider with your startup.

Do you have the resources to get the funds needed, or do you have the collateral to get financing?  If you need funding, you need to calculate your startup costs as well as your operating cost, create a business plan, and then seek out financing.

Profit Margins and Revenues

The average rental is around $50.00 per hour per ATV. Naturally, that depends on the model of the ATV, the location of your business, and demands for rentals. Plus, keep in mind, there are rates by the day because some people need the ATV for more than an hour.

If you can have all your ATV’s rented by the hour for an eight-hour day for 20% of the time, then you could expect a pretty good daily income.

Using the example above; 20 ATV’s X $50.00 Per hour = $1,000 per hour X 20% of the time rented = $200 Per hour X 8 Hours = $1,600 per day.

Once your startup costs are taken care of, you’re operating expenses that would be mostly for insurance, ATV maintenance, ATV repairs, and shop upkeep as well as other monthly expenses that a business incurs.

The Condition Your ATVs Have on Your business

As a business renting out ATVs, you want to make sure you’re providing the best experience for your customers. Providing them with new ATMs is an excellent way to get repeat business and spread the word about your rentals and services.

That doesn’t mean all your ATVs need to be brand new; after all, after a few months, they are now used ATVs, but you do need to provide ATVs that are in excellent condition.

Insurance

With rentals, you need to make sure your customers are fully covered, and you want to make sure your ATVs are covered as well as anyone who gets hurt because of someone renting your ATV. You need to look into this matter with caution.

The last thing you need is a lawsuit on your hands because of something you took for granted. In the resource section below, you’ll be able to find a qualified insurance company that can guarantee you have all the coverage you need for yourself and others.

Attracting Customers

In order to attract customers, you could create events, such as ATV racing, ATV competitions, and other related entertainment venues that can attract the right crowd.

The more you get people involved, the more newcomers who don’t own ATVs will consider renting one. For example, if you set up a racing competition, and made sure it was complete well before sundown, you could have your entire fleet rented after the event. You could also get rental bookings for the next few weeks.

Another idea is to create a day in the trails where a guide takes a group of people out to spend the day on ATVs, during which they can sightsee as well as enjoy a few hours on ATVs.

Offering instructional courses is another idea for people who are interested in ATVs so they can learn how to use them safely. Then, you could give them a discount after the course if they want to rent an ATV.

One last idea that comes to mind is to offer a monthly subscription that allows your customers to rent an ATV regularly, either weekly or monthly, for a discounted price.

This keeps the revenue flowing. Keep in mind that if you implement a subscription model, people usually bring friends, which will result in more rentals for you.

For the ins and outs of the ATV rental business, take a look at the resources below, which I mentioned earlier.

Sections Included Included In This Post:

  • How To Start An ATV Rental Business
  • ATV Rental Business Trends and Statistics
  • ATV Rental Business Insurance
  • ATV Rental Business Software
  • ATV Rental Business Blogs And Publications
  • ATV Rental Business Franchise Opportunities
  • The Latest About ATV Rentals
  • Latest Searches For ATV Rentals
  • Latest News About ATV Rentals
  • Tweets Related To ATV Rentals
  • Videos Related To ATV Rentals

How To Start An ATV Rental Business

How to Start an ATV Rental Business | Bizfluent

How to Start an ATV Tour Business – Becoming an Entrepreneur

Starting an ATV Rental Business

See Our Page For The Steps You Need To Consider When Starting A Business

See Our Page For Checklists You Need When Starting A Business

ATV Rental Business Trends and Statistics

All Terrain Vehicle Market Share – ATV Industry Statistics Report 2024

ATV Manufacturing in the US. Industry Market Research Reports, Trends, Statistics, Data, Forecasts

ATV Rental Business Insurance

ATV Tour | ATV Operator | Insurance | Cost & Quote | Outdoor Insurance Group

ATV Rental Insurance – Evolution Insurance Brokers

Snowmobile / ATV Rental Business Insurance | DC Insurers-Montrose

ATV Tour & Adventure Insurance | Veracity

See Our Resource Page About Business Insurance

ATV Rental Business Software

Online Reservation System for ATV Tours & Rentals | FareHarbor

ATV Rental Booking Software | GigaBook

Booking system and rental software for vehicles –  COOTERPLAN.NET

ATV Rental Business Blogs And Publications

Yanmar to Sell Rebranded Yamaha Viking UTVs

ATV Scene Magazine – ATV Reviews, Gear, News, Racing and more

ATV World Magazine – North America’s Best ATVing Magazine

Dirt Wheels Magazine

ATV Illustrated | THE ORIGINAL ATV, UTV, and SIDE-X-SIDE RESOURCE

ATV Rental Business Franchise Opportunities

Franchise FAQs | TRAX PowerSports Rentals

Search Google Here For The Latest On ATV Franchises

The Latest About ATV Rentals

Google

Latest Searches For ATV Rentals

News

Latest News About ATV Rentals

Twitter

Tweets Related To ATV Rentals

YouTube

Videos Related To ATV Rentals