Party Rental Business

Business Idea: Start A Party Rental Business in 2024

Updated: July 7th, 2024

Avg Monthly Revenue
$190K
Avg Startup Costs
$18.9K
Score
75
Market Size
Avg Revenue
Min Revenue
$3.5K/month
Max Revenue
$500K/month
Avg Days To Build
60 days

A party rental business helps people get the products or the services they need to make their party a fun-filled event.

Party rental businesses can include:

  • Photo booth rental
  • Renting wedding clothes
  • Party boat rental
  • Sound equipment rental
  • Outdoor equipment rental
  • Cake structure rental

To start a party rental business, begin with what you know much better. Then as you gain experience, you may diversify to renting other party accessories or partner with experts in different fields.

Revenue & Profitability

How much do party rental businesses make?

Startup Costs

How much does it cost to start a party rental business?

  • It can cost as low as $450 to start a party rental business.
  • It can cost as high as $1,000,000 to start a party rental business.

Learn more about the costs of a party rental business.

Examples Of Successful Party Rental Businesses

Successful party rental business businesses and case studies

BACH, an app that plans and books bachelorette parties, has grown from $0 to >$1M net revenue run rate in less than 6 months, gained over 100,000 users in their first 60 days, and has over 40,000 parties using the app this month.

$500K Monthly Revenue
$1M Startup Costs
Read by 10,581 founders

The Party People, Australia's largest party store with a multimillion-dollar turnover, shares insights on how they've grown from a small clown hire business to an online and brick-and-mortar party supply retailer by focusing on customer service and innovating in marketing and technology.

$400K Monthly Revenue
$500 Startup Costs
Read by 9,529 founders

See full list of successful party rental businesses.