How to Start an Inflatable Bounce House Business
by Admin
Posted on 01-01-2024 03:12 PM
Starting an inflatable bounce house business can be a very profitable home business or a lucrative full time operation. We have years of experience not only assisting existing rental businesses but starting them as well.
Like any business, you are only as good as your business plan. We have see the good, bad, and ugly when it comes to inflatable businesses. The inflatable party rental business is growing in excess of $3. 5 billion a year. Birthday parties, graduation parties, corporate events, church outings, and carnivals to name a few are great opportunities to rent your inflatables. As the owner of your own inflatable party rental business you can decide whether you want to do this as part time or full time income.
A standard bounce house can rent out for $150 to $300+ per day based on size and if it has a slide. Where the money really comes into play is if you can also add inflatable water slides or inflatable obstacle courses to your inventory. These can rent out for $500 to over $1000 per day. You may also want to check out our article about how much inflatable nightclubs make because based on your offerings there, your per day revenue can quickly jump up to $5k+ below, we will provide you with a step-by-step guide on how to start a bounce house rental business.
If you’re one of those business minded individuals who enjoy working at various events, then you may want to start a bounce house rental business. Bounce house rental businesses are not only profitable but also have relatively low startup costs. Let’s face it, kids love these, and thus you can easily make this into a great business opportunity. Here are a few tips that will help guide you in starting up a bounce house rental business. Where can you store your bounce houses? the average size of rolled bounce house is 4’x4x5’. You can store it in your garage or backyard.
Start an inflatable bounce house business by following these 10 steps:
Check out nick glassett youtube channel and blog. Starting a business can be really scary, especially when you never started a business before. A rental company can bring in a pretty good cash flow no matter if the business is part-time or full-time.
Nick glassett, the owner of it’s the jump off bounce house and waterslides, gave 11 really good tips for starting a business. Tip #1: people business
an inflatable rental business isn’t about the inflatables but the people. It’s all about your clients what they need and how you can provide for them. Tip #2: just go
you’re not going to be a pro at the rental business on your first try.
One of the best things about starting a bounce house business is that promoting your inflatables business at craft fairs, farmers’ markets or even neighborhood storefront businesses can help you develop your local market and serve new customers.
Side hustle nation is dedicated to improving your personal profitability. To do this, we often partner with companies that share that mission. If you sign up or make a purchase through one of our partners’ links, we may receive compensation—at no extra cost to you. Learn more. Corey jeffreys turned an $800 investment into $3k in the first year and has been growing his business and adding more automated processes each year. His entrepreneurial adventure began by exploring the world of real estate investing, when he happened upon a slightly different rental business model: inflatable bounce houses. Corey started out renting a bounce house to his aunt as his first customer and doing all the labor himself, to where he is now with a virtual assistant from upwork taking bookings and a delivery guy from craigslist handling the delivery.
Is this Business Right For You?
If you want to start your rental business gradually, then 3 units should be sufficient. For about $4000 you can purchase 2 jumpers, and 1 combo unit (mini slide and jumper). What kind of income is realistically possible? this all depends on how you market / advertise and manage your rental business. Companies make $15,000 to $250,000 + per year. A well run company could double their business every year for the first three to five years. Is it possible to run this business out of my home on a part-time basis? yes, most people start at home renting on weekends until they have enough business to quit their job.
An indoor bounce house business is a wonderful way to foster an environment for family, friendship, and fun. This is most certainly an exciting venture, but before you open your doors for jumping, laughter, and play, there are a few things you need to know about opening an indoor bounce house business. Opening an indoor bounce house business may seem easy, but there is much more to do than inflating your bounce houses. To start an indoor bounce house business, you have to acquire a business license, purchase insurance, and secure financing to allow you to purchase equipment and afford a location.
If you are thinking to have a business that is orientated towards children, a bounce house business is something that you must consider. An indoor bounce house business plan is lucrative for areas with lots of children and fewer playgrounds, and one of the easiest ways for parents to get their children active while being indoors. Wondering how to start a bounce house business? setting up a venture from scratch can be daunting and confusing. Here is a rental business plan for a company called “go inflatables. ” go inflatables provides indoor bounce houses services on rent, and its business plan can provide you guidance on how to set up yours.
In 2020, we published an extensive and comprehensive five-part series on how to start a party rental business. Our guide covers everything from initial planning, to writing your business plan, to planning ahead for the future of your bounce house business. And it’s as perfect a place to start as any. Part one of the party rental business guide talks about the basics. It prepares you for the sort of work loads you can expect, and talks a little about the equipment you’ll need. It also talks about expenses, profitability, and your return on investment, or roi. Part two of the guide focuses on the preliminary steps in creating your bounce house business.
Wanting to learn how to start a bounce house business is an ambitious goal. It's also entirely within reach of just about anybody who has the desire to do so. Bounce houses are a popular attraction at birthday parties, corporate events, and other celebrations, making it a profitable business idea. However, like any business, starting a bounce house rental requires planning, preparation, and hard work. From obtaining necessary permits and licenses to setting up business accounting and marketing plans, there are several crucial steps to take before launching your business and avoid the pitfalls that so many have in the past when starting an inflatable business.
This article has detailed what you need to do to start an inflatable bounce house business in 2022. Starting a new business can be daunting but the steps outlined here will help minimize your risk and increase your chances for success. If you’re interested in starting an inflatable bounce house business and need some guidance, please contact blaine ladd. For more information about the best custom inflatables for sale for your bounce house rental business and the type to get for your party, make sure to contact us. We will gladly advise you on the best available options for your needs.