How to Start a Tent Rental Business ($72K a Year)

How to Start a Wedding Tent Rental Business and make $72K passive income! There is a MASSIVE opportunity in Wedding Venues because mostly everyone gets married.
The average wedding is $28K!?!?!!
Wedding Tent/equipment rental companies make money by charging a fee to rent their equipment.
How much does it Cost:
40X100 Wedding Tent = $16,000 - $20,000 = $17,000
Wedding Tables (20 tables) = $100 each = $2,000
Wedding Chairs (150 chairs) = $15 each = $2,250
Linen cloth = $500
Cargo Trailer = $5,000
TOTAL COST: $27,000 all in
How much can we Make:
40 X 100 Wedding Tent: $1,200
Wedding Table: $15/Table * 20 = $300
Wedding Chairs: $2/chair * = $300
Linen $10 a table: $200
TOTAL PER EVENT: $2,000
4 Events a month * 9 months (weather) = 36 Events * $2,000 = $72,000 a year.
CASHFLOW:
REVENUE: $72,000/year - $27,000/year = $45,000 Profit
Think of ways it will fail:
No events - Marketing / Sales
Low Quality Equipment - Read Reviews, visit facility, wedding trade show conference
Showing up to events
staying organized
Legal Up
LLC
Insurance
Client agreement
Commit to Starting
#businessideas #sidehustle #sidehustleideas #entrepreneur #businessowner #entrepreneurship

[@emmanuel654]

Nice Video Nate. Can you provide links where to buy tents?

[@nate_indiana_jones]

Thanks! I just use google. I don’t have a specific website.

[@emmanuel654]

Okay, cool