15 Most Lucrative Party Rental Business Ideas
A party rental service helps people to get the products or services to make their party a fun-filled event. There are many equipment and accessories needed for a party. Individuals do not like to buy those due to the cost and also the less usage. Hence, people are willing to get the relevant party equipment rented from a business to make their party an enjoyable one.
Following are the most lucrative party rental business ideas,
- Photo Booth Rental
- Clothes Rental
- Party Boat Rental
- Sound Equipment Rental
- Food Produce Equipment Rental
- All-Terrain Vehicle (ATV) Rental
- Party Bus Rental
- Portable Bar Rental
- Outdoor Equipment Rental
- Party Host Venue Rent
- Outdoor Action Camera and Related Equipment Rental
- Party Furniture Rental
- Coffee Machine Rental
- Party Accessories Rental
- Cake Structure Rental
1. Photo Booth Rental
Photo booth machines contain an automated camera and backdrop, which snaps pictures of people while they are having fun with props. You can set up the portable photo booth using a camera, backdrop, props, and other required equipments, The upfront costs of a photo booth business are low. The revenue which can earn depends on the hourly price which you can benchmark over $100 per hour.
2. Clothes Rental
There are different themes of parties like the 70s, Vintage, Halloween, Grand Styles, etc. People tend to get clothes from rental shops which they need to join parties like this. You can rent the clothes for grand occasions, formal, quirky, vintage, the 70s, 80s, etc.
3. Party Boat Rental
You can buy a boat and offer it for private hire. This is ideal to host a variety of functions like private parties, corporate dinners, birthdays, afternoon teas, weddings, engagements, cocktail parties, anniversary celebrations, children’s parties, and many more.
4. Sound Equipment Rental
You can start a business to rent the sound equipment which is essential for a party. Usually, the host needed equipment like large speakers, sub-woofers, amplifiers, microphones, karaoke machines, etc.
5. Food Produce Equipment Rental
You can start a business to rent the food produce equipment which is essential for a party. Usually, the host needed equipment like popcorn concession machines, noodle machines, portable fast food production machines, juice makers, etc.
6. All-Terrain Vehicle (ATV) Rental
People love to ride with ATVs, which is an adventurous way to explore the outdoors. Buying an ATV is the heaviest capital requirement to start this business. But you can start with a few ATVs and increase your fleet with growing the business. The location is the most important aspect of this business.
7. Party Bus Rental
A party bus is a modified bus, which is designed to carry around 15 people to have an enjoyable time with the ride. Party buses usually consist of a large TV, quality sound system, disco lighting, karaoke machines, fridge, and other amenities to host a party.
A party bus is also known as a limousine bus, limo bus, party van, or luxury bus. In the United States, most states and even some local governments require specific types of licenses to operate a party bus business.
8. Portable Bar Rental
A portable or mobile bar is a vehicle set up to work as a bar. Usually, it contains a beer tap, various alcoholic hard drinks, equipment, and also some basic foods. This is an ideal idea for a host to bring the bar to the party venue to make the event a glamorous one.
9. Outdoor Equipment Rental
Many people now tend to host parties outdoor, relating the party theme to a hobby. You can consider renting outdoor equipment like climbing gears, tents, hiking gears, sandboards, jet skis, fishing equipment, etc.
10. Party Host Venue Rent
If you have a good space of land with a house, you can turn this into a host venue for parties. You have to make some initial expenses to turn this into a place where you can host parties. You will have to buy some tents too if guests want to have outdoor events.
11. Outdoor Action Camera and Related Equipment Rental
You can start to rent outdoor cameras like GoPros and accessories like tripods, casings, sticks, stabilizers, drones, vehicle mounts, etc. These will be useful for people who love to perform outdoor activities and host parties outdoor.
12. Party Furniture Rental
People like to host parties in their houses. The biggest problem they will have is to find furniture to host the event. You can start renting the furniture products which guests will want to take on rental to host their parties.
13. Coffee Machine Rental
One of the party rental business ideas is the coffee renting machine. Coffee machines can make different types of coffee like espresso, macchiato, latte, cappuccino, etc depending on the capabilities of the machine. People will be able to taste different flavors of coffee during the party as per their preference.
14. Party Accessories Rental
Party accessories rental is a low-cost but high-volume business idea. Usually, at any party, it is needed accessories like smoke machines, tents, chairs, tables, bubble machines, games, fountains, etc.
15. Cake Structure Rental
Cake structure is the framework on which on tops cakes are built. This structure provides the framework and stability for the cake, which provides a bigger aspect of the cake. You can buy and rent various designs and patterns of cake structures where the backers can get these structures on a rental basis.
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