Renting Equipment
Hey!
I'm looking into start renting out some equipment and any help I can get would be greatly appreciated. I have a few questions.
The gear that I have available is this: https://www.chauvetdj.com/products/jam-pack-gold/ and it retails for roughly $434 USD down the road from me.
- How much should I charge for the bond on these lights? I'm worried that I'm going to rent them out once and then there going to come back broken.
- How much should I charge per night? I'm thinking around the $30 USD mark with one full tank of smoke.
- Would there really be a demand for small scale party lights for rent?
Any help you can offer would be great.
NOTE:
Planning on renting these out for smaller birthday parties
Are you renting them out for parties or something else?
Planning on renting them out for parties
I've heard that 5-10% of the purchase price is a reasonable amount to rent equipment for. Also depends on the market. I don't know the party market though.
Sweet. Thanks for the help
Don't thank me yet! :) I hope it goes well.