A full guide on how to start a party rental business

Party tent rentals can be a convenience, a life-saver, or anything in between. You shouldn’t be planning an outdoor special event without one, really. You can heat party tents in winter and safeguard against snow, cold, and rain. When the sun is beating down in the middle of summer, a party tent can save you from sunburn and discomfort. Not to mention they carry with them a certain upper class aesthetic that helps make even a simple birthday party all the more memorable. The total cost to start a party rental business can vary greatly depending on your location, the size and scope of your business, and the type and amount of rental equipment you plan to carry. A basic startup could cost around $10,000 to $50,000, but a larger-scale operation might require an investment of $200,000 or more.

Thanks to our helpful staff and assortment of inventory, you are sure to return time and time again for all your party needs. If you’ve ever thrown a large-scale party, planned a wedding, or been in charge of a large corporate event, then you may already have experience in renting party equipment, like tents and tables. Starting a party rental business of your own will mean you can help other party hosts find the equipment they need. If you have great organizational skills and an awareness of the types of equipment needed in your community, you’ll be well-suited to running this type of business.

How much does it cost to rent a venue for a party?

For parties under 20 people, it’s not unreasonable to expect less than $100 an hour for a private party room. When a community center is too big, but your house is too small for an event, a private party room can be the perfect opportunity to meet in the middle. Since they offer more personal decor and style, private rooms provide many benefits of public spaces while retaining the exclusive feel of an exquisite party at home. If you don’t have an excellent place to dance or the lawn is too soft, consider renting a small dance floor rental for fun and safety.

So, starting a party rental business isn’t a bad business idea since the global economy is recovering and events are popping up left and right. And between our huge selection of spaces and dedicated hosts, you’ll be able to throw the birthday party of your dreams with ease. As the largest online marketplace for meeting and event spaces, Peerspace is here to help find you the perfect venue for your ultimate party. Peerspace has thousands of unique venues across the country that range from beach houses to rooftop venues in New York City. Some of us are regular party hosters who celebrate birthdays, anniversaries, life events, and holidays, while others only host parties once in a blue moon. Either way, an unforgettable venue can help elevate your party to the next level and leave guests in awe of your planning skills. Between its user-friendly interface, crystal-clear venue details, and straightforward pricing, Peerspace is the ultimate platform for renting event spaces by the hour.

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Birthday Party Venues on Peerspace cost on average between $85 — $145 per hour. In Peerspace’s case, a photographer may rent out their fully-equipped studio complete with a cyclorama at night when they’re not using it. Or chic cafes and bars may rent out their spaces when they’re closed.

Starting a business is hard, but here you will find the practical tools, resources, and insider tips to help you successfully start a business. A house, loft, or apartment also makes for a great space for an event. They offer the comforts of home, yet are typically decked out with the latest gadgets and gizmos while offering a lux atmosphere. Plus, you can filter the results even further to set your preferred price per hour and the number of attendees that the venue can accommodate. This is why you should continuously invest in them since they are the face of your business to the world. They are the ones who deal directly with your clients both in-person and online. So, in addition to making sure that you’re purchasing equipment relevant to your target market, make sure that they’re high-quality and serve you a long time.

To be in the wedding rental industry, you don’t necessarily have to be able to offer hundreds of seats and tables. It could be as simple as providing decorations for different styles, including boho decor, lighting, dry flowers, table centerpieces, and all that stuff that might seem pointless to buy for that one day. The party rental industry has been a whirlwind these last two years. Since lockdowns and social distancing were enforced, the whole party scene disappeared overnight. The mansions in Los Angeles and New York City, respectively, may cost less than you think though they provide an abundance of amenities and value for the price. The Bronx venue is $500 per hour, while the transitional modern space in Bel Air is $199.

Read more about Chiavari Chair Rentals Las Vegas here.

With Peerspace, you as the renter only pay for the hours you need the venue. Plus, prices are clearly stated on each listing and there are no hidden overages. Space rentals by the hour are where Peerspace stands heads and shoulders above other venue rental platforms. While a handful of Airbnb properties are available as long-term rentals, it’s pretty rare to come across one that’s rentable by the hour. So, unless your event is overnight and then some, Airbnb is not your best bet. It’s a Berwyn Heights, MD home that only rents out its backyard to partygoers!