How to Start a Bounce House Rental Business
New Orleans Bounce House Rentals are a staple at birthday parties and other celebrations. Kids love them and adults are often just as excited to hop inside. If you’re looking for a low-cost, high-demand business opportunity, consider opening an inflatable bounce house rental company. It’s a great part-time endeavor that can grow into a full-time enterprise once you have a strong following. Financing is available to help you obtain the inventory you need and get started right away.
Before making any decisions about how to start a bounce house rental company, consider your market and competitors. You’ll want to decide if you want to specialize in one type of bounce house or offer an array of different inflatables. You’ll also want to determine your ideal location and hours of operation. Once you have these details in place, you can begin building your brand and growing your customer base.
The party supply rental industry is worth $6bn a year, and bounce houses account for a significant portion of that. While the industry took a hit during COVID-19, it has since rebounded and is expected to continue growing in the coming years. As such, now is an excellent time to invest in an inflatable bounce house business.
If you’re thinking about starting a bounce house rental business, you need to make sure you’ll have the space to store your inflatables safely. This is particularly important if you plan to rent them out for events in public locations, such as parks or schools. If you don’t have the space, you may need to look into leasing or renting a storage unit.
As a bounce house rental business owner, you’ll also need to make sure your equipment is properly maintained and cleaned. This includes cleaning it regularly and sanitizing it after each use. If you don’t keep your inflatables clean, they can become a breeding ground for germs and bacteria that are dangerous to kids.
Another vital aspect of running a bounce house rental company is knowing how to set your prices. While it’s tempting to base your pricing on the competition’s prices, you’ll need to consider factors such as your delivery and setup fees, storage costs, mileage rates, and other expenses. These will all influence your final price.
You’ll also need to have a clear cancellation policy in place. After all, if you accept a bounce house booking and then the client cancels, you’ll lose out on that revenue. By setting a clear cancellation policy in advance, you can avoid this issue altogether.
Inflatable water slides are a great addition to any event, but they can be tricky to set up. You’ll need to make sure the area where you’re installing the slide is flat and level. Additionally, you’ll need to ensure there are no power lines or other obstructions in the area. To prevent any issues, it’s a good idea to hire an experienced inflatable installer.