A holiday destination with a lot to explore and to exhilarate your mind, Goa is all about refreshment. People from all over the world come to enjoy and make their vacation memorable. A one-stop centre for all the youth for their vacations, because of its beauty of nature, beaches, club, nightlife, cassino’s, church and a lot to see and to make you chill.
Most of the travellers travel to goa for vacations, honeymoon, clubbing with friends or to live nightlife with their friends.
Although Goa earns a lot from the travellers and taxes received by them. People don’t look a lot for budget at the time of exploring Goa as this time they only look for peace and chill.
Let’s explore the business Ideas, which can give you good output and income source.
List of 21 Best Business ideas in GOA
- 1. Chocolate Making
- 2. Rent Out Your Flat
- 3. Egg Selling
- 4. Dish with Fish
- 5. Desserts and Candy Business
- 6. Photography
- 7. Sandstone and Seashell Jewellery
- 8. Seashell Handicrafts
- 9. Spices of Goa
- 10. Sunscreen Cream Shop
- 11. Rent Your Vehicle
- 12. Cashew Nut Exporting Business
- 13. Hat Production Business
- 14. Swim Dress and Beachwear
- 15. Feni Making
- 16. Brewpub
- 17. Spa or Wellness Centre
- 18. Salt Making
- 19. Crafts from Coconut
- 20. Cotton Traditional Saree
- 21. Rent or Own a Cruise
1. Chocolate Making
People love to have chocolate and beverages, pastry, cakes made from chocolate, mostly the young ones. So you can start a chocolate-making business in Goa so that you can earn a handsome amount by selling it.
The investment amount for starting this business is average and the business is a small scale business.
2. Rent Out Your Flat
If you have your property in Goa with no use. You can rent it to visitors for earning. As people find home comfortable outside the home, these flats can give them home comfort and you can earn some extra money with it.
- The investment amount is low, all you need to do is the maintenance of your apartment.
3. Egg Selling
The egg has become the most demanding breakfast, and in Goa the demand for seafood, non-veg and egg food is high. So you can start a business selling eggs and a cafe or street food stall of egg dishes.
- The investment amount is around 50k to 1 lac.
4. Dish with Fish
The government of Goa promotes the business of fish farming, and Goa is also famous for seafood.
You can start your stall, shop or truck of fish dishes and you can also start a cloud hotel of fish food.
- Low investment business can be started from 50k to 2 lac.
5. Desserts and Candy Business
Starting is an easy and profitable business which one that easily starts. You can sell a lot of sweet eating stuff into it.
One can also attract tourists by selling cute attractive candies into the store.
- Low investment businesses need capital of around 1,00,000 lac and more.
People usually went to Goa for vacation, travel, honeymoon and to chill. So if you own a camera and have good photography skills, you can start the business of photography of tourists on the beach and other places.
- Small scale business, depends on your talent.
- The investment amount is 2,00,000 lac rupees.
7. Sandstone and Seashell Jewellery
Goa is located near the Malabar coast, so you can get seashells from the coast, and the beaches, and can make the traditional jewellery of Goa which is made from seashells and sandstones and can sell them to the tourist and earn a handsome amount.
- The investment amount of starting this business is 2,00,000 lac.
8. Seashell Handicrafts
Like seashell Jewellery, seashell handicrafts are also very famous. And in demand of tourists. So you can start making handicrafts from seashells and sell them to people, they can buy them as a memory of Goa or for decorating their houses.
- investment investments 1,2 lac INR and this is a low scale business.
9. Spices of Goa
The location of Goa is near the Malabar Coast. And the local people of Goa are engaged in agriculture production so they grow spices with a lot of amazing tastes like the production of cardamom, Triphala, nutmeg, clove, black paper and many more.
- Starting this business can be a small investment business, can be started from 2,00,000 lac and more.
10. Sunscreen Cream Shop
Goa is too hot in the middle of the day but can be a cool party place at night. The temperature of Goa reaches around 35-36° C in the summers and in the winter times the temperature is also not so down.
People love to Go to Goa but are scared of the tanning they get while chilling near the beach, swimming on the beach and so on.
So you can start a suns scream shop near the beach of goa, and earn a good amount and can help the people from tanning.
- The investment amount is around 2,3 lac rupees. And it is a small scale business.
11. Rent Your Vehicle
People prefer scooters and mopeds while checking out a place which they want to explore. So most of the people who want to explore Goa, choose to hire a moped on rent.
You can start this business and earn a handsome amount. For starting this business one should have an investment amount of 4-5 lac INR.
12. Cashew Nut Exporting Business
The state of Goa is famous for the production of Cashew. For natural or for the use of production of feni
You can get the best cashew nuts in Goa.
- The investment for starting this business is approx 4,00,000 lac. Or this is a medium scale business.
13. Hat Production Business
As we discussed earlier, the weather in Goa is extremely hot and people can easily get tanning near the beach places. So you can start selling hats to the people so that they can do their safety from sun and tanning.
- This is a low scale business, investment amount should be around 1,00,000 lac INR to 2,00,000 INR
14. Swim Dress and Beachwear
In Goa, the beach is the most important thing which the people want to go to while travelling to Goa. You can start a business of swim dress and beachwear, and earn a handsome amount by selling them.
- The investment for starting this business is minimum and can be started from 1,00,000 lac and you can expand it to more.
15. Feni Making
The famous wine of Goa “Feni making” is made from locally grown coconuts and cashews.
The best part of this business is, this business is also supported by the Goa government, so one can easily start this business and earn a handsome amount by selling this wine locally or exporting it to the whole world.
- Medium investment business, approx 3,4 lac.
Goa is all about cheap beer, wine and alcohol. If you are thinking of starting a business in Goa, keep in mind that the business should be attractive for the youth. As mostly the tourists of Goa are youths.
Starting a brewpub can be an attractive business as you can sell various flavours of beer in it and attract a good gathering of tourists.
- The business is a medium investment and can be started from an investment amount of INR 5,00,000 lac. And you can expand it later.
17. Spa or Wellness Centre
As people choose travelling to goa for peace and chill. So the spa and wellness centre attracts tourists a lot.
You can hire a good massager with the knowledge of Ayurveda, into your spa centre and make people chill and relax.
- The investment is medium, and approx INR 7,00,000 lac to 10,00,000 lac.
18. Salt Making
The relationship between salt and Goa is very old. The goa slat rock is well known to the whole world. You can also start a business of making Salt in Goa and selling them into the market. You can also start selling and exporting into Go and all over India.
- Medium investment businesses need the investment of 2,00,000 lac and more.
19. Crafts from Coconut
Every place is famous for its traditional craft, Goa is very famous for its traditional craft which is all made from bamboo and coconut shells.
shell you know traditional Goa this business can be a profit-earning for you.
the investment could be around 2-3 lac rupees in the starting, later on, you can expend it.
20. Cotton Traditional Saree
The people of Goa love to wear Kubani saare, which is a traditional saree of Goans. You can start a business of selling this textile or the saree all over Goa or export it all over India.
This is a medium investment business, the capital amount should be 5 lac and more than that.
21. Rent or Own a Cruise
In goa, the most famous parties are cruise parties and it attracts a lot of gathering and people for it. The party animals are always crazy for cruise parties. So this can be a high earning business for you with a good investment amount.
If you are thinking of starting this business, the investment amount is so high that you have to buy a cruise which can cost crores for you.
In the end, I would like to say that starting a business needs your efforts more than investment. So if you don’t have a high budget you can start your small scale business by using the given ideas and earn a good output.