north american businesses guide

«     »

by Cheryl Pierce

I’m sure you’ve seen bounce houses at various parties & events. You’ve probably even rented one. But have you ever thought about the financial windfall that can come with owning a couple of the units?

You can find bounce houses for around $75.00 a day on the West Coast. The same bounce will probably rent for over $250.00 on the East Coast. Here in the heart of the country we’re more in the middle. Generally a bounce will bring $225.00 for a 6 hour event. So, if you use a more average amount of $150.00, you can still have an extra $300.00 per week to pay your bills.

Whenever you have a business you have expenses. If you’re renting bounces you’re going to require some basic tools. A truck or SUV with a small trailer is necessary. Also extension cords, insurance, dollys, business cards and some other small business supplies. Almost all rental company business owners do their own bookings and deliveries when they’re first starting out. And they can book events when, and where they want. If you need time off, you just don’t book that day. On the downside though, if you want to make money, you work when the customer wants you to work. And that means weekends!

The most expensive part of inflatables is the insurance. Insurance tends to get cheaper as you insure more units but the start up can be a bit tough. The average moonbounce costs around $1500.00 with the insurance running another $750.00. Soyou can start up with one bounce for around $2500.00. At a rental rate of $150.00 you’ll have your expenses and covered in less than twenty rentals. Of courseif you charge what we do, you’re unit & costs will be paid for in about ten to twelve rentals.

Bounce Houses might only be the beginning. There are so many other items you can offer your customers. We start with two bounces and five years later we had over 50 rental items. Growing this business is as easy as setting up your units. If someone sees it, they’ll want to rent it. So, before you know it, you might have giant slides, interactive games, obstacle courses or casino equipment.

To get going on your new business you just need to follow these simple steps.

-Find out from your state and local board what you need to start a bounce rental business. There might be restrictions on what you can do.

-Start talking to suppliers. Search the web for “moonbounce” or “interactive games”

-Find out about insurance. You can get information from inflatable suppliers. Make sure NOT to make a purchase until you secure insurance.

-Order your bounce(s) just as soon as you have your insurance in place.

-While you’re waiting for your equipment, get some fliers made up, business cards and a dedicated phone number. Tell EVERYONE about your new business.

-Although you’re starting to advertise, it’s not recommended to book your units before they arrive. That’s just asking for trouble.

-As soon as your equipment arrives, inspect it for damage before the delivery truck leaves. Make sure it’s all there (most units are sold with a blower).

-It’s so much fun to blow up your unit the first time. The neighborhood kids will want too play and you need to let them. Watch them have fun and learn all about your new bounce. Remember, the more people see it, the more people will rent it.

It looks easy, doesn’t it? And it really is. You’ll be making money by selling fun. Could any business owner ask for more?

About the Author:

Sphere: Related Content

Post a Comment