Event Rental Business Success Stories [2024]
Need a flexible business with high demand and diverse offerings? Consider starting an event rental business. This enterprise revolves around renting out essential items for various events like weddings, parties, and corporate gatherings.
From tables, chairs, and tents to more specialized items like photo booths and sound systems, your inventory can cater to a wide range of needs. This business can start small and scale up as demand grows and your reputation solidifies.
As an event rental operator, you'll need to manage inventory, coordinate logistics, and ensure everything is in excellent condition before it reaches the client. The ability to deliver on time and maintain quality will set you apart in this competitive field.
This venture is particularly appealing because it meets an ongoing need and allows for expansion based on your unique market insights. Whether itβs a big wedding season or a surge in corporate events, thereβs always a requirement for reliable rental services.
In this list, you'll find real-world event rental business success stories and very profitable examples of starting a event rental business that makes money.
1. Denver Pub Crawl ($42K/year)
Tyler came up with the idea for Denver Pub Crawl after experiencing pub crawls in different countries during his travels. He noticed the differences in size and frequency of pub crawls between the US and Europe, and decided to bring the European-style pub crawl experience to Denver. By carefully researching and visiting bars, conducting test runs, and building relationships with partner bars, he successfully launched and grew the business despite the challenges of the COVID-19 pandemic.
How much money it makes: $42K/year
How much did it cost to start: $450
How many people on the team: 1
Denver Pub Crawl is a US-European hybrid experience for tourists and locals run by Tyler, with operations that not only were able to scale around variables like capacity and number of attendees, but also managed to grow his team from two part-time members to a team of four, including a paid intern, while answering the question of what the future looks like: continuing to push, grow, and create.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.