Hospitality business ideas with a budget over $20,000

102 ideas

These 102 hospitality ideas suit people who have real capital to put in, whether from savings, a partner or a loan, and want a business with a physical presence. A bigger budget opens up options like a farm campground with facilities, a bartending school with a training bar, or a lease-and-operate motel.

Swipe through these ideas →

1k to 5k5k to 20kFrom homeOut and aboutOwn premises
Motorhomes parked on a campsite with electric hook-up posts.

Small motorhome stop on your own land

Turn spare land into a handful of overnight sites with power and water for motorhomes and RVs.

  • C$5k-25k
  • Side hustle
  • Own premises

Seasonal motorhome park with 20 to 40 sites

Run a small park with full hook-ups, a dump station and a check-in office, open through the warm months.

  • C$600k-2500k
  • Full-time
  • Own premises
Customers seated at tables with teapots, cups and light food in a tea room.

Neighbourhood tea room

Open a cosy sit-in tea room serving loose-leaf tea, baked treats and light lunches.

  • C$30k-150k
  • Full-time
  • Own premises
Tour guide leading a group of tourists past famous landmarks.

Small-group scenic vehicle tours

Drive small groups to local viewpoints, wineries or natural sights in a van or minibus.

  • C$8k-40k
  • Part-time
  • Out and about
Simple wooden cabin set among trees at a campsite for overnight guests.

Small cabin site with four to eight cabins

Run a small cabin getaway site with several cabins, a shared fire pit and a simple office, rented by the night.

  • C$60k-300k
  • Full-time
  • Own premises
Bunk beds with colourful bedding fill a clean hostel dormitory room.

Small independent hostel in a leased building

Turn a rented house or small building into a friendly hostel with dorm beds and a few private rooms.

  • C$40k-150k
  • Full-time
  • Own premises

Mini hostel in a larger home or property

Offer a handful of dorm beds in a spare-room-sized setup in a large home, if local rules allow.

  • C$5k-25k
  • Side hustle
  • From home
Visitors riding horses across open pasture at a rural guest ranch.

Small ranch stay with riding and farm life

Host a few guests at a time on land you already have, with trail rides, chores and home-cooked meals.

  • C$12k-60k
  • Part-time
  • Own premises

Full guest ranch with cabins and a riding programme

Run a family-style ranch with cabins, a horse herd and a full week-long riding and activities programme.

  • C$80k-400k
  • Full-time
  • Own premises
Self-catering wooden chalet holiday let surrounded by trees with a welcoming porch.

Whole-property holiday rental

Rent out a cottage, condo or separate suite as a furnished holiday let, with you as host or manager.

  • C$5k-25k
  • Part-time
  • Own premises
Narrowboat moored on a canal during a relaxing holiday trip.

Single houseboat rental for summer holidays

Buy one used houseboat and rent it by the week to holidaymakers on a lake or waterway near you.

  • C$40k-120k
  • Side hustle
  • Out and about

Small houseboat fleet with a dock base

Run three to five rental houseboats from a marina base, with check-in, cleaning and handover for each trip.

  • C$250k-600k
  • Full-time
  • Own premises
Friends sitting around a table playing mahjong with tiles in a social club room.

Mahjong club with its own space

Rent a small unit with tables for drop-in play, leagues and memberships, open most days.

  • C$15k-70k
  • Full-time
  • Own premises
Team of sled dogs pulling a sled across a snowy mountain trail.

Dog sled tours from your own kennel

Run guided sled dog rides for visitors from your own kennel and trails in a snowy region.

  • C$30k-150k
  • Full-time
  • Own premises

Dog sled rides at resorts and winter events

Bring a small team of sled dogs to resorts, lodges and winter festivals to sell short rides.

  • C$15k-70k
  • Side hustle
  • Out and about
Tents, caravans and motorhomes on pitches at a busy countryside campsite.

Serviced RV and tent campground

Run a larger seasonal campground with power and water hookups for RVs, trailers and tents.

  • C$250k-1500k
  • Full-time
  • Own premises
Bright self-catering holiday cottage living room with a no-smoking sign.

Non-smoking cottage or cabin rental

Furnish a cabin, cottage or condo as a smoke-free getaway and rent it by the night or week.

  • C$8k-35k
  • Side hustle
  • Own premises
Freshly fried fish and chips wrapped in paper for takeaway customers.

Fish and chips takeaway shop

Run a small counter-service shop selling fresh battered fish and chips to people collecting their meal.

  • C$30k-120k
  • Full-time
  • Own premises
Welcoming hotel reception desk with a receptionist greeting guests with luggage.

Small independent motel or inn

Buy or lease a small motel or inn and run it with your family or a small team, renting rooms by the night.

  • C$800k-4000k
  • Full-time
  • Own premises
Modern furnished serviced apartment with bed, desk and city view.

Small serviced apartment operator

Lease several apartments from landlords, furnish them and run them with housekeeping for corporate and relocation guests.

  • C$30k-80k
  • Full-time
  • Own premises
Hot air balloon rising over countryside at sunrise with passengers in basket.

Hot-air balloon flight operator

Own a balloon and run scenic passenger flights with a small crew, selling seats and private celebration flights.

  • C$40k-120k
  • Part-time
  • Out and about
Wooden cabins beside a lake at a fishing camp with anglers casting.

Small fishing camp with rental cabins

Rent a few lakeside cabins and boats to anglers for weekend and week-long fishing stays.

  • C$30k-150k
  • Part-time
  • Own premises

Ice fishing camp with hut rentals and day passes

Rent heated ice huts and sell day access to anglers on a frozen lake through the winter.

  • C$8k-40k
  • Side hustle
  • Own premises
A period country house hotel with gardens and guests arriving.

Small owner-run country house inn

Turn a character home in the countryside into a small inn with a few guest rooms, home-cooked breakfasts and a warm welcome.

  • C$80k-350k
  • Full-time
  • Own premises

About these ideas

Before you pick one, work out what the money actually has to cover: a lease or build-out, equipment, insurance, permits and several months of running costs before income steadies. Hospitality is also hands-on, so think about the hours you are willing to work and whether you want guests, students or tourists as customers. Check local zoning, licensing and health rules early, since they can shape which ideas are realistic in your area.

More ideas

Questions

What should I budget for beyond the startup cost of a hospitality business?

Plan for a cash cushion to cover rent, wages, supplies and insurance while you build a customer base. Also check for deposits, licensing fees, renovation overruns and seasonal slow periods that could stretch your first months.

Do I need licences or permits to open a bar, hostel or campground in Canada?

Often yes, but rules vary by province, territory and municipality. Check liquor licensing, food handling, fire safety, zoning and accommodation requirements with your local authorities before signing a lease or buying equipment.

Is it better to lease an existing business or start from scratch?

Both have trade-offs. Taking over an existing venue can mean faster setup, but ask to review financial records, lease terms, equipment condition and any licence transfer rules. Starting fresh gives control but usually takes longer.