How Much To Buy A Bounce House
If you've ever been to a kid's birthday party, you've probably been on an inflatable bounce house. But did you ever wonder who owns those things? Well, it could be you if you start an inflatable bounce house business.
how much to buy a bounce house
Running a bounce house rental is an exciting option for new business owners. A rental company can be a great business if you're passionate about sustainability, but in some cases, the practicality of renting just makes more sense. That's precisely the case with bounce houses.
Before you jump into your new life as a rental business owner, you need to make a business plan. You can't go into your business cold without researching your market, competitors, and the costs involved in starting a bounce house rental business.
Bounce house rentals are just one segment of that leisure market. From a business perspective, the great thing about bounce house rentals is that the demand is stable, and according to Google Trends, the interest in the industry has slightly increased over the last five years.
While kids are the biggest target market for bounce house companies, in reality, you'll be selling to their parents. However, it's worth noting that in recent years, many adults also book bounce houses for parties.
Of course, another niche that you can serve is public events. Schools, churches, fairs, festivals, and so on are all places that require bounce house rentals from time to time. But by and large, private birthday parties and similar events will likely make up the bulk of your business.
One of the most important pieces of industry research you can do is find who the other bounce house businesses in your area are. If your local market is saturated with similar providers, it might be hard to make your business work.
Renting out bounce houses could just be the start. There are many other areas to expand in the party rental niche that you can explore to supplement your income from inflatable bounce houses. Some related businesses that could be worth exploring are things like inflatable interactive games, inflatable obstacle courses, or inflatable water slides.
Get your budgeting and business finances right, and the rest should fall into place. Here is a breakdown of the start-up costs, ongoing expenses, and profits you can make in the bounce house rental business.
One of the best things about starting a bounce house business is its affordability. Bounce houses cost between $1000 to $3000 depending on the type, style, and other features. Additionally, you need to invest in a generator and air blower to fill the bounce castle in places where there is no electricity.
Bounce house combos combining a traditional bounce house with an inflatable slide are more expensive and can cost between $2000 and $6000. Some of these combos include WetDry bounce houses, which could be a popular product in areas with hotter climates.
Next, you need to consider a reliable vehicle to transport your bounce house around. If you have multiple bounce houses, you might need to consider a van or truck that can fit a few houses in case your business is booming.
Other costs depend on how you set up your business. Some bounce house businesses operate out of a shop or other premises. However, it's not the sort of business that will necessarily benefit from foot traffic, so if you want to save money, you can easily operate from your home, provided you have a bit of space to work with.
When you're budgeting for a bounce house business, there are several outgoing expenses that you'll need to consider. Some of these are related to equipment maintenance, staff, or general costs for running your business.
The rental period for bounce houses is usually in two hours blocks, like 2, 4, 6, 8, and 10 hours. However, the price depends on the region you operate in, the types of services you supply, and the product itself.
The average inflatable bounce house business will rent each house approximately 1.5X per week. If that's $50 per hour for four hours, that's $200 per party. If you buy a bounce house for $2000, it will take ten rentals (or about seven weeks) to pay it off. After that, it's pure profit minus your expenses.
If you want to run any business, you need to take care of the administrative side of things. There are things like business registration and taxes to think about for a bounce house business. And because you'll be dealing with people, you also need business insurance if anything goes wrong.
It's pretty standard for a bounce house business to have "bounce houses" or "party" in their name. There are a few good reasons for this. Firstly, it makes it very clear to potential customers what your business is about. Secondly, if you have a website or social media account, it helps with search engine optimization.
Local licensing is typically more geared towards bouncing houses placed on public property, i.e., fairs, city parks, etc. If that's an area you want to get involved in, you need to ensure you are compliant.
Insurance policies aren't the only policies you need to consider. If you have an inflatable bounce house business, there are a few policies you can implement to ensure the smooth running of your business and protection from a range of financial losses.
Having a liability waiver that your customers sign when they use your bounce house rentals is a really good idea. Kids jumping around high on sugar at a party is chaotic. Anything can happen, including falls or collisions. Even when you have the best safety precautions available, it's just the nature of the activity.
Imagine this scenario. You have two bounce houses; both are booked out for the coming weekend. You get an inquiry, but you have to turn them down. Then, on the day of delivery, one of your customers cancels. You've lost business.
If you rent inflatable bounce houses, your equipment will likely encounter a lot of wear and tear. Residential bounce houses aren't built to withstand heavy use over a prolonged period. Buying a residential bounce house could be a false economy. Sure, you'll save a few pounds on initial costs, but you'll lose that (and more) if you have to replace it regularly.
Depending on how big your bounce house business is, you'll need to ensure you have enough space to store your inventory. A deflated bounce house will compress down to a small size, but you'll also need to find space for other items, like a blower, generator, cleaning materials, hand truck, and any other times you use for your operation.
If you have garage space, that will be enough room for a smaller operation. However, if your business grows and you accumulate more bounce houses, you may need to explore other options, such as a lockup or rented storage space.
While most bounce houses come with durable storage bags for transporting around, you shouldn't keep them outside. You'll want to keep your products in the best shape possible so they always look good and last a long time.
Inventory management is a crucial part of any rental business. If your inflatable bounce house business is just starting out, it probably won't be hard to keep track of your bookings. However, it's good practice to have an inventory management system.
Now, of course, not every inflatable bounce house business is going to have a dedicated website. It takes time and expertise and requires maintenance. One popular alternative is to use a rental platform or a social media account.
The most important element of any bounce house rental is safety. So check the weather forecast for strong winds, heavy rain, or other poor weather conditions. If conditions are too extreme, someone could get a severe injury from slipping or falling.
Next, check out the location. An inflatable bounce is best set up on a smooth, flat surface with a few meters of space to either side. Low trees, nearby pools, powerlines, or sharp inclines are all hazards you must avoid.
Once everyone is off the bounce house, it's time for a quick inspection. Any rental company should ensure their equipment has been appropriately treated so that you can deal with issues immediately. Some wear and tear are unavoidable. Either way, if you notice any tears, note them down for repair.
Even if you have a no-shoes and no-drinks policy, your bounce house will need cleaning after even moderate use. So wipe down the bounce house and then dry it off. This step is essential if you want to avoid mildew and mold.
Most of the maintenance work you need to perform for your inflatable bounce houses can be taken care of at the build-up and build-down stages. Once you follow the guidelines above and appropriately store your bounce house, you shouldn't have many issues.
You need a business website, or at minimum, a strong social media presence, if you want to run a bounce house business. There are several great website builder options for rental businesses. If you're not a developer and are not planning to become one, Squarespace is a great option.
If you build a website, search engines can provide a steady source of business for your inflatable rental business. As bounce house businesses are local by nature, local search engine optimization (SEO) is vital. So target local searches by including keywords and the areas in which you want to operate. For example, "bounce house rental in ".
Running a bounce house business can be a great idea. The industry is growing, and it's a business that you can get up and going with a relatively small investment. So, if you want to be your own boss and ride around bringing fun and sunshine into people's lives, then an inflatable bounce house business could be perfect for you.
Party rentals can be a great business idea in the right location. An inflatable bounce house business can generate a steady income with relatively small investments. Additionally, you can expand your service by offering inflatable obstacle courses or water slides.
Have you ever had thoughts of buying a bounce house inflatable instead of renting one? How much a bounce house costs may be the first thing that comes to mind, but there are also a number of other important factors that you may want to consider when making your decision. 041b061a72