Do you live or wish to live in a beach town and seek business ideas that could fetch you money? We’ve got some profitable beach town business ideas for you right here.
Introduction To Beach Town Business Ideas
Living in a beach town comes with its perks.
You can potentially make a lot of money from it if you have an entrepreneurial mindset.
Living in a beach town will allow you to have fun and meet new people from different parts of the world.
Aside from the fun and networking opportunities, there are several business opportunities to explore in beach towns.
Overall, you could easily turn your passion or hobby into a business.
Why Should You Start A Business In A Beach Town
Potential Business Opportunites From Different Recreational Activities
One of the reasons you should start a business in a beach town is that people visit for recreational activities.
Many people visit beach towns to enjoy activities that will improve their physical and mental well-being.
Some of these activities include sunbathing, sailing, fishing, swimming, and so on.
Overall, you can offer your unique services in any aspect and make money as a business owner.
Another reason why you should start a business in a beach town is the opportunities that come with it.
Different people from all walks of life come to the beach to relax and have fun.
You could meet a potential business partner or client that could turn the trajectory of your business/career around for good.
12 Beach Town Business Ideas
One of the crucial things a tourist or traveler looks into before going to a town is accommodation.
This business falls under the rental business industry.
The rental industry is arguably one of the profitable business industries.
Hence, you can make a lot of money in this business if you go about it the right way.
However, this is a capital-intensive business, so you’ll need sufficient capital to get started.
People visiting beach towns will have different accommodation needs, giving rise to different niches or aspects of the business.
So, focus on the most lucrative niches for better profitability.
The different types/niches of the accommodation/rental business industry include.
Bed and Breakfast (B&B)
Bed and Breakfast is one of the profitable accommodation businesses, and it would be very valuable in beach towns with lots of tourist attractions.
Luckily, you don’t need a large space to set it up.
A simple building of at least five rooms, a hall or reception area, and a kitchen are enough to get started.
As a bed and breakfast business provider, you’ll provide a bed (accommodation) for visitors to rest their heads at night and serve them breakfast in the morning.
Of course, you’ll decide how much you want to charge for these services.
Home rentals are another type of accommodation business and a suitable beach town business idea.
Some people visit beach towns on months-long vacations.
These people’ll need temporary accommodation to serve as their home away from home.
So, as a home rental business owner, you could lease out a beach home to these visitors for a specific time and at an agreed rate.
This is a good idea if you have multiple beach homes.
You could lease a few out and earn extra income.
Alternatively, you could speak to neighbors who only visit their beach homes occasionally to allow you to lease their homes when they’re not around.
However, you will have to settle on an agreed commission that will benefit both parties.
Hotel and Guesthouse
This is another beach town business idea you can explore.
You could offer accommodation, feeding, and other related-hospitality services to visitors/tourists for a fixed price.
However, it should be a standard accommodation and excellent hospitality services so you can gain more patronage.
Above all, this is a capital-intensive business.
Hence, you should be financially prepared before entering into this business.
2. Home Sitting
This is another lucrative beach town business idea.
If you live in a beach town but don’t have enough little or no money to start a business, here’s something you may want to explore.
Many people have beach homes where they stay each time they’re on vacation.
Eventually, they’ll return to their residential cities after their short or long vacation, leaving their beach homes empty.
This is where you come in.
You could offer home sitting services where you help individuals like this take care of their beach home while they’re away.
However, you will need to gain the customers’ trust.
Also, you’ll need to take good care of their property to build a solid reputation and credibility.
Overall, if you have no money to start a business, this is something you should do.
3. Food Business
A food business is also a profitable beach town business idea.
People visiting beach towns may also want to try out different delicacies.
So, if you possess excellent culinary skills, you could set up a take-out or eat-in restaurant around the beach area to cater to the needs of these tourists.
You should be able to prepare delicious local and unique dishes to stand out and gain more patronage.
The restaurant standards will depend on how much you invest in the business.
4. Surf Shop- Beach Town Business Idea
Another great business you can start on a beach area is to set up a surf shop on the beach.
Setting up this business will require you to secure a store where you sell various equipment to surfers.
Not everyone brings their surfing equipment when coming to the beach.
So you can position yourself to cater to this need by providing the necessary surfing tools.
Apart from selling surfing equipment, you can also rent out surfing equipment.
Also, you can offer surfing tutorials to people willing to learn how to surf if you are good at surfing.
5. Boat Rental Service
One major thing that is common with beach towns is boats.
That is why starting a boat business will be profitable for you.
You could set up a boat rental store and rent out boats to tourists looking to go on a boat cruize.
Aside from boat-renting, you could also offer boat cleaning, repairs, and tour services.
6. Bicycle / Scooter Rental Service
Another profitable beach town business idea is a bicycle or scooter rental service.
This type of business is profitable and does not require much space like a boat rental service.
You can also start the business on a small scale.
Tourists will need to move around for sightseeing and other fun activities.
However, they may not have their cars or drivers to take them around since they’re visiting.
So, you could set up this business to cater to their needs.
You could rent out scooters or bikes to tourists needing vehicles to move around town.
7. Photography – Beach Town Business Ideas
Starting a photography business is another opportunity you can explore if you live in a beach town.
You could either set up a photo booth or a studio where you take the photos yourself.
People come to the beach for vacation- to unwind and spend time with family, friends, and loved ones.
Catching all these fun moments and turning them into beautiful photos should be your priority as a photographer.
This will require uniqueness and creativity.
8. Sports Shop
Maybe this will do if you haven’t yet found a beach town business idea that interests you so far on our list.
They’ll need equipment for these activities.
Hence, you could set up a shop that rents or sells this equipment to tourists.
Overall, you’ll need about $50,000 to set up this business.
So, only consider this business if you have enough capital or a means to get the required capital.
9. Gift/Souvenir Shop
Speaking of beach town business ideas, here’s another one for you.
Some travel enthusiasts like to collect souvenirs from places they’ve visited to keep the memories alive.
Hence, you can set up a gift/souvenir shop that sells locally made or customized gift items to visitors- items that will remind them of the town and its people.
10. Horse Rental Services
Renting out horses is another rental business idea you can do in a beach town.
This is also one of the fun things tourists want to experience in a beach town because not everyone has the privilege of owning or riding a horse daily.
Being in such an environment gives them the opportunity to live their dreams.
So, if you own a well-kept and trained horse, you could allow people to pay to ride your horse for a specific timeframe.
11. Jet Ski Rental Business
Beach town business ideas also include renting jet ski equipment or materials.
However, the jet ski rental business is also an example of rental business ideas.
Some tourists are pretty adventurous and may demand to go sky-diving or jet skiing.
You could make available for rent the different equipment they need for a predetermined price.
12. Beach Bar – Beach Town Business Ideas
The bar is another lucrative and profitable business you can do in a beach town.
People visit bars in the evening to relax, have fun, and mingle with like minds.
So, you could set up a standard evening bar with light food and entertainment that would serve as the perfect relaxation spot for tourists.
However, you’ll need to establish this in a suitable location where you can get sufficient foot traffic both within the beach and other nearby environtment.
Steps You Should Consider When Starting A Beach Town Business
You should consider the following steps after deciding on the business idea you want to do from the above-listed options.
Research About The Beach Business Idea
Since you already have an idea of the business you want to do.
It will be good if you research it.
You should consider the potential setbacks you may encounter in the business and how you will handle them.
Also, identify your target audience and find out a few things about them.
These are the people you’ll offer your products and services to.
So, it makes sense to know them.
Create A Business Plan
Another important step you should consider is creating a business plan.
Your business plan should include the structure of your business, how to handle the competition, and how you plan to get your targeted customers.
Furthermore, it should also state your products or services and the capital you will use to start the business.
Getting Necessary Resources
This is another important step you should consider when starting your business.
You should write a detailed list of what you will need to use to operate the business.
Also, if you will need to hire staff, you note it down so that you won’t exceed your budget.
Financing Your Business
If you already have the funds to finance your business, you don’t have any problem.
However, if you don’t have one, you might want to opt for a loan.
You can visit any financial organization and inquire.
Alternatively, you could seek loans from family, friends, or private investors.
Registration, Licensing And Permit
For any business you choose to start, you should consider registering the business to avoid penalties.
You can check with your local officers and know the necessary things you should do before you start your business.
You can use different means to promote your business.
This could be online or offline platforms, word of mouth, referrals from friends, etc.
Overall, get people to know what you do so you can increase your chances of getting clients.
Conclusion On Beach Town Business Ideas
There are a lot of beach town businesses that are quite profitable.
However, starting any business is not as easy as it sounds.
There’ll be high and low moments.
However, if you stay consistent and committed to the process, you’ll reap the rewards of your hard work and become a successful entrepreneur from your beach town business.
Best of luck!