Canoe and Kayak Rentals business. Business Overview Starting a canoe and kayak rental business will not leave you up the financial river without a paddle, as this is one of the best low-investment rental businesses that can be started. A canoe and kayak rental business can be established in a few different operating formats. With the first, you can supply canoes or kayaks to marinas and waterfront hotels and split the rental revenues that are generated. The second option is you...