10+ Best & Profitable Water Business Ideas [2023]

Looking for profitable business ideas to start in 2023? Check out our selection of the 10+ best water business ideas you can start in 2023! Learn how to launch each of these profitable water businesses now!
Nick

By Nick Cotter
Updated Feb 07, 2024

Image of water business ideas
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Hey there, water enthusiast! Ever thought about turning your passion for water into a profitable venture? Well, you're in the right place at the right time. As we sail into 2023, the water business industry is bubbling with opportunities that are not just profitable, but also incredibly rewarding.

Whether it's bottled water production, water treatment, or even water sports, there's a sea of possibilities waiting for you. But where do you start? How do you navigate these waters? Don't worry, we've got you covered.

In this article, we're going to dive deep into the top 10+ water business ideas for 2023. Ideas that are not just profitable, but also sustainable and impactful. So, get ready to ride the wave of success in the water business industry. Let's make a splash together!

Water Purification System Installation Business

A water purification system installation business involves installing and maintaining water purification systems in homes and businesses. This type of business is a great idea due to its diverse customer base; it can serve both residential and commercial customers. Furthermore, installing a water purification system is a necessity for both clean drinking water and health, making it an important service.

  • Provides a necessity for both residential and commercial customers
  • Installing a water purification system has health benefits
  • There are various maintenance services that can be provided
  • Can potentially be an environmentally friendly business
image of a Water Purification System Installation Business

Water Treatment Plant Installation Business

A water treatment plant installation business is a great business idea for anyone looking to be part of the growing water industry. This type of business involves planning, designing, constructing, and installing systems to treat and convert contaminated water into clean, safe, potable drinking water. Advantages of this type of business include:

  • Helping to reduce contaminants in drinking water supplies and thus protecting public health
  • Providing a service that will always be in demand
  • Having potential for large profits due to the high cost involved with scrapping and replacing existing systems
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Examples of successful businesses:

The water business industry provides water, wastewater, and stormwater services to a variety of organizations. Some of the most successful companies in this business include:

  • Veolia North America
  • American Water
  • Xylem
  • United Water
  • Aqua America
  • SUEZ North America
  • GeoInsight Inc.
  • Avangrid Networks Inc.
  • Evoqua Water Technologies LLC
  • Colonial Group Inc.

Water Delivery Service

A Water delivery service is a business that delivers water to customers. Customers can order a variety of bottled water from the delivery service, as well as other items such as filters and water coolers. This type of service offers convenience for those who don't have the time or the means to pick up their own water, and it offers an opportunity to make money in the process. Here are some advantages of starting a Water delivery service:

  • Low cost startup costs
  • Flexible hours and schedule
  • Unique niche
  • Opportunity to reach a wide customer base
  • Option to offer products and services that meet customer needs

More resources:

Privately Owned Water Utility Service

A privately owned water utility service is a company that offers water services to customers, such as supplying potable water for home and business use, collecting wastewater, and treating sewage. This type of business can be very profitable and requires minimal start-up costs. Here are some of the benefits of starting a privately owned water utility service:

  • The market for this type of service is large and growing rapidly;
  • You can potentially leverage government subsidies and grants to help fund the startup costs;
  • High barriers to entry – the industry is highly regulated and entry into the market can be difficult;
  • Long-term customer relationships – customers tend to stay with a water utility service provider over time due to the stability of their service;
  • The ability to diversify – you can offer additional services such as wastewater treatment, energy management services, and desalination services.

Water Conservation Consultancy

A Water conservation consultancy is a business that helps individuals and organizations reduce their water usage. By offering services such as water surveys, audits, system design and equipment installation, a Water conservation consultancy can help businesses and households to become more sustainable through efficient water management.

  • Identifying areas of water waste
  • Providing advice on conservation methods
  • Offering technical support on water saving strategies
  • Assisting with the design and installation of water-saving systems
  • Analyzing data and identifying opportunities for improvement

Related business ideas:

Rainwater Harvesting Consultancy

Rainwater harvesting consultancy is a business idea that involves providing services and advice to help clients capture, treat, and store rainwater for various purposes. This business idea could be a great opportunity for homeowners, businesses, and other organizations to become more self-sufficient and reduce their water bills. By offering rainwater harvesting consulting services, you could help your clients make the most of this sustainable resource.

  • Help clients assess their needs and determine the ideal type of rainwater harvesting system.
  • Provide advice on different types of rainwater harvesting systems.
  • Design a custom rainwater harvesting system for each client
  • Install and maintain the system onsite.
  • Provide advice on how to clean and store harvested water.
  • Help clients save money by reducing their water bills.

Water Vending Machine Business

A water vending machine business is a great business idea because it allows you to make money on providing an essential service to the community. Water vending machines are becoming increasingly popular because they provide customers with quality water in a convenient location at a low cost.

  • Water vending machines can be placed in areas with a large population, such as shopping centres, parks, sports stadiums and universities.
  • They can operate 24 hours a day, 7 days a week, so you can make money even when you are not working.
  • The cost of setting up and running a water vending machine business is relatively low compared to other businesses.
  • You can easily monitor and maintain the machines, keeping them clean and well-maintained for customers to use.
  • You don't need to have any specialized knowledge or skills in order to run this type of business.

Bottled Water Manufacturing Business

Bottled water manufacturing is a business opportunity that involves producing, bottling, and selling bottled water. This type of business is suited for those who are looking for a way to enter the beverage industry as it offers potential for high profits, low start-up costs, and relatively low maintenance. Here are some more reasons why it might be a good business idea:

  • Minimum investment is required to begin the production process.
  • A low cost to produce the product compared to other beverage items.
  • Minimal requirements and regulations regarding the product quality.
  • A fairly high demand for bottled water in a variety of markets, such as convenience stores, grocery stores, vending machines, etc.
  • Easy to distribute as there is no need for specialized equipment.

Residential Swimming Pool Installation Business

A residential swimming pool installation business is a great business idea for those with the right skills and resources. It offers a variety of advantages including:

  • A good return on investment.
  • Ability to work in a variety of settings.
  • High demand – especially in warmer climates.
  • A way to combine a passion for outdoor work with an entrepreneurial spirit.
  • Ability to create an enjoyable lifestyle with flexible hours and job satisfaction.

Commercial Pool Maintenance Service

A Commercial Pool Maintenance Service is a business that provides professional pool cleaning, maintenance, and repair services for commercial swimming pools and spas. This type of service would make a great business idea due to the following benefits:

  • An opportunity to tap into a large and growing market;
  • A chance to build relationships with local customers;
  • Consistent revenue potential that can be realized through repeat business;
  • Low start-up costs and minimal overhead;
  • The potential to offer additional services such as pool equipment installation, covers, and safety features.

Nick

Founder and CEO

I'm Nick, co-founder of newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.