Boat Consignment Seller

Boat owners who are upgrading, retiring from boating or short on time. They pay you a commission when the boat sells.

A percentage of the sale price or a flat fee per boat sold. You can add paid extras such as cleaning, photo packages or delivery.

• Sales and clear communication
• Good photos and online listings
• Careful paperwork and honest dealing

• Check whether your province or territory requires a broker or dealer licence to sell boats for others
• Check how you will hold buyers' deposits and make sure the money is handled properly
• Do a lien search before you list any boat, and make the buyer's paperwork match Transport Canada requirements
• Insurance that covers boats in your care, plus commercial general liability
• Check GST/HST and provincial sales tax on your commission and on the sale
• Income is lumpy and seasonal, with most sales in spring and summer

Estimates suggest startup costs typically around $1,000 to $6,000, depending on your photography and listing tools, advertising, insurance and any licensing. You don't need to buy the boats you sell.

Monthly revenue is typically estimated at around $1,000 to $5,000, depending on how many boats you sell and their prices. Income is lumpy and seasonal, with most sales in spring and summer.

Check whether your province or territory requires a broker or dealer licence, and how you will hold buyers' deposits properly. Also do a lien search before listing, match paperwork to Transport Canada requirements, and check insurance, GST/HST and provincial sales tax.