You've probably seen moonwalks at local events and parties. Perhaps you’ve even rented one. But have you ever thought about the financial windfall that can come with owning moonwalks yourself?
Moonwalks rent for anywhere from $85.00/day on the west coast to $250.00 & up in other parts of the country. Here in the midwest, our moonwalks rent for around $225.00 (this does not include delivery fees). The rental is generally for 4-6 hours. So, just think...if you only charge $150.00 for your rental and rent a unit twice a week, you can easily make $300.00 per week in extra income.
Since all good things tend to take some time and investment you're going to have some special items to start your new business.You’ll need a truck, suv, or van with a small trailer. Also, a good dolly, extension cords, business cards, insurance and other small business items. Most people who start up a rental company do the deliveries and bookings themselves. That’s the great think about party rentals. You work when you want to….not when you’re told to. Now, the downside is that if you want the income you might as well accept that it’s going to be there on the weekend and that’s when you’ll be working. Most moonwalk rental owners know in order to build a successful business, they're going to be working weekends for quite some time.
Insurance is the most costly start up cost. Although it tends to get cheaper as you get more units the initial cost is around $750.00 and up. Since an average moonbounce is only $1500.00, the insurance seems pretty hefty. On the other hand, as you add more moonwalks into your business, the insurance becomes quite affordable. In years past, insurance was relatively cheap but moonwalks cost 2-3 times more than they do now so the prices will change quite a bit as years move forward. At a rental rate of $150.00, though, you’ll have your expenses and covered in less than twenty rentals. Of course…if you charge what we do, you’re unit & costs will be paid for in about ten to twelve rentals.
You can expand into other rental items besides your moonwalks. We started about six years ago with two moonbounces and now have over fifty interactive games. Jousts, Giant Slides, Obstacle courses, video games, casino equipment and fun foods. So, as you can see the business will grow as large as you want it to. About the only way to fail is to purchase the equipment and leave it in your garage. Inflatable moonbounces and other inflatables are their own best advertisement.
To get going on your new business you just need to follow these simple steps.
1) Talk to your state and local boards to find out what is necessary to open your own inflatable rental business. Some states have restrictions on what you can do. This is very important because what you buy and who you buy it from can really depend on your state regulations.
2) Start talking to suppliers. Search the web for "moonbounce" , "moonwalk" , "party rentals" or "interactive games"
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