I am sure you have seen moon bounces at various parties and events. Maybe you’ve even rented one. But have you ever thought about the financial windfall that owning a couple of units can bring?
Moonbounces rentals from $85.00/day on the West Coast to $250.00 and up in other parts of the country. Here in Indianapolis, we rent ours for around $225.00 for four to six hours. So… if you charge $150.00 for your rent, you can get an additional $300.00 per week in income.
Of course, there are some expenses that come with the rent. You will need a truck or a small trailer. A good dolly, extension cords, business cards, insurance, and other small business items. Most people who start a rental company do the deliveries and reservations themselves. That is the joy of this. You work when you want to… not when they tell you to. On the other hand…the downside is that if you want the income, you might as well accept that they’ll be there on the weekend and that’s when you’ll be working.
The most expensive part of the inflatables is the insurance. Insurance tends to get cheaper as you insure more units, but getting up and running can be a little tricky. The average moon bounce is around $1500.00 and insurance is another $750.00. So… you can start with a bounce for around $2500.00. At a rental rate of $150.00 you will have your expenses covered in less than twenty rentals. Of course… if you charge what we do, your unit and costs will be paid for in about ten to twelve rentals.
Moonbounces aren’t the only thing you can rent. We started five years ago with two moon bounces and now have over fifty interactive games. Jousting, giant slides, obstacle courses, video games, casino equipment and fun food. So, as you can see, the business will grow as much as you want. About the only way to fail is to buy the equipment and leave it in your garage. Inflatable moonbounces and other inflatables are your best advertisement.
To launch your new business you just have to follow these simple steps.
1) Talk to state and local boards to find out what it takes to open your own inflatable rental business. Some states have restrictions on what you can do.
2) Start talking to vendors. Search the web for “moonbounce” or “interactive games”
3) Ask providers for insurance information. DO NOT make a purchase until you have obtained insurance.
4) Once you have the insurance blocked, place your order.
5) While you wait for your team, prepare some flyers, business cards, and a dedicated phone number. Tell EVERYONE about your new business.
6) Even if you are starting to advertise, it is not advisable to reserve your units before they arrive. That’s just asking for trouble.
7) As soon as your equipment arrives, inspect it for damage before the delivery truck leaves. Make sure everything is there (most units are sold with a blower).
8) Exploit your equipment and become familiar with it. Sit it out on your patio or a friend’s patio and let the kids play. The more it is seen, the more people will want it.
Pretty simple, right? Of course, I just mentioned the steps, but it doesn’t get much more complicated than that. If you join Party Rental Industry, you will share fun with everyone. And that’s a great way to generate income.