Do you need a good business idea? Allow me to introduce you to the bouncy castle business. It is profitable and easy to manage. Furthermore, you can run the bouncy castle business right from the comfort of your home. Also, I want to point out that you don’t need much time to manage this business.
In particular, there are fewer hassles and it is a business that promises impressive financial returns when you start. An ideal plan which you can use to start your bouncy castle business is by obtaining three bouncy castles. Then, you can hire them out on weekends.
This is an example of the financial gains you can get from a bouncy castle business. You can rent the bouncy castle that will cost about $65 per day. The rentals on weekends can reach as high as $390/$400 in revenue every weekend. This amounts to about $1,690-$1730 as your expected total revenue every month.
The overhead costs should sum up to about $200 per month. This leaves you with a profit of about $1,500 every month. This is quite a decent profit for a bouncy castle business that requires minimal hassles. All you need to do is dedicate a few hours to oversee the rentals every week.
You won’t be required to rent expensive offices to run your bouncy castle business. You can manage this business from your home. It is an ideal side business for people who have full-time jobs. And, it only requires a reasonable financial investment to buy your first set of bouncy castles.
This rental business does require storage space to keep the bouncy castles. You will also need a business plan to deliver and retrieve the bouncy castles when they are rented. But, how many request will you get for bouncy castles?
There will be peak and normal periods while you run your bouncy castle business, just like any other business. Your services will be needed for events such as birthdays and other children events. Then, the festive seasons are a great time for this business.
You shouldn’t be surprised to receive rental orders for adult parties. Bouncy castles are fun to play in. Anyhow, the bouncy castle business is usually great during the summer and autumn. In addition, it can also be used for indoor parties and other events during the winter.
You can receive rental orders for your bouncy castles all through the year. Of course, this will depend on your location and the competition in that area. For one thing, you will be tempted to hire more bouncy castles in the summer. This is because the demand will be very high.
The peak period for the bouncy castle business is a very good time for business. The competition will not matter at this time. This is because the demand for services will exceed the supply of many entrepreneurs. Then, you will find out that your competition will start directing their clients to you when they are fully booked.
The bouncy castle business has enormous growth potential even though the initial stage of this business might be slow. At any rate, the word will get out and the orders will start coming in. Thus, you’ll need to start making serious efforts to hire more bouncy castles to meet the high demand. Finally, you may want to consider the bouncy castle business as it requires so little running costs and an impressive investment return.