Starting a rental party machine business can be a lucrative and fulfilling side hustle. Concessions and party machines have been a staple at events and gatherings for decades and with the increase in demand for unique and enjoyable experiences, the market for rental party machines is thriving.
A rental party machine business offers low start-up costs, flexibility, and scalability, making it an attractive option for those looking to start their own business.
During some months, this method has earned me over $300 over multiple weekends and birthday celebrations. It all started by putting up listings on Facebook marketplace. If you’re interested in how to make this work for yourself, read on!
Advantages of starting a rental concession machine business
A rental party machine business offers several key advantages, including low start-up costs, flexibility, and scalability. With the right equipment and marketing strategy, you can start this business with minimal investment, allowing you to build and grow your business at your own pace.
Additionally, rental party machine businesses can be run from almost anywhere and can be easily scaled up or down, depending on demand. With high demand for party machines and concessions at events, starting a rental party machine business can be a lucrative and satisfying side hustle.
Steps to start a rental concession machine business
Starting a rental party machine business involves several key steps, including research and market analysis, choosing a niche, purchasing equipment, establishing a pricing strategy, and marketing and promoting your business.
Researching the market, competition, and demand for party machines in your area is crucial to ensure the success of your business. Once you have a clear understanding of the market, you can choose a niche and purchase the equipment you need to get started.
Establish Social Media
Establishing a pricing strategy and marketing your business to reach your target audience are also crucial steps in building a successful rental party machine business.
Social media is a powerful tool in showing testimonials from previous customers. It gives your future customers what to expect when renting machines.
If you’re going to offer packages for decor, products or services, showing them on social media is a great way to attract customers.
Choose Party Rental Equipment
When starting a rental party machine business, it is important to choose the right types of machines to rent. The following machines have low barriers to entry, making them a great option for those looking to start a rental party machine business:
3 Types of Concession Machines to Rent
Popcorn machines are a classic and beloved concession machine, making them a popular choice for events and gatherings.
Cotton candy machines are also a popular choice, as they offer a sweet and nostalgic treat that is sure to be a hit with guests.
Snow cone machines are perfect for summer events, offering a refreshing, flavorful and icy-cold treat for guests to enjoy.
These concession machines are relatively inexpensive to purchase and maintain, making them a great option for those looking to start a rental party machine business. Additionally, they are simple to operate, making them accessible to a wide range of people. With their low barriers to entry and high demand, these concession machines are a great choice for anyone looking to start off.
When looking for party machines to offer, you want it to be durable, easy to maintain/repair, and effective for large events with many guests.
Best practices for running a successful rental business
Once you have established your rental party machine business, there are several best practices to ensure its success.
Upselling
Offering high-quality equipment and service is essential to building a positive reputation and attracting repeat customers.
For example, I like to offer paper cones for cotton candy machines, or different flavor packages for snow cones.
Customer care
Building strong relationships with your customers is also key to building a successful rental party machine business.
Keeping up-to-date with industry trends and advancements can help you stay ahead of the competition and offer the latest and most popular party machines to your customers.
Finally, offering discounts and promotions can help you stand out in a competitive market and attract new customers.
Final Thoughts
In summary, starting a rental party machine business offers low start-up costs, flexibility, and potential for success. By choosing popular machines such as popcorn, cotton candy, and snow cone machines, following best practices, and dedicating yourself to the business, you can create a successful and enjoyable side hustle. With its many potential benefits, a rental party machine business can be a great option for those looking to supplement their income or start a new business venture.
