Luckily, you’ve come to Peerspace, the largest online marketplace for hourly venue rentals. We have thousands of stunning venues that you can book for meetings, social events, productions, photoshoots, and more in cities across the globe. Our straightforward platform makes it easy for you to find and book the perfect space for your needs. An essential part of running a rental business, especially if we’re talking about small companies just getting started in the party rental industry, is managing the inventory.
Peerspace: your Airbnb for events
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It’s important to do your own research and create a detailed business plan to estimate your specific startup costs accurately. Of course, a simple internet search targeting “party rental equipment suppliers” or “wholesale party supplies” is a great way to start. Party rental businesses can embrace this trend by replacing plastic tablecloths with cloth ones, supplying energy-saving lights, and even using electric delivery vehicles to cut back on fuel use.
But, Surviving in the business such as in most others in the business world as a party rental business requires a lot, in fact more than, your expertise. This large flex space in Chicago’s River North neighborhood is actually housed within a boutique hotel, making it a hotel ballroom that’s both affordable and easy to rent on Peerspace. It’s nearly 2,500 square feet and can accommodate up to 50 guests. While here, you can set up the space however you see fit and use the on-site kitchen and seating. Each venue has its own page filled with crucial details, including a venue description, high-res photos, reviews from past renters, and upfront pricing. If you have any questions, you can contact the space’s local host right on the listing page. Each venue is owned by a local host who will strive to make your experience in their space perfect.
Know the Major Competitors in the Industry
In addition, the venue host can provide 20 white folding chairs, four couches, and other cool furniture upon request. Many of our hosts are creatives who deck out their unique spaces to offer their fellow creatives a distinct space to work. Some of our event venues are even operated by event planners who are happy to help you plan and execute your event as much as you like.
But how do you even go about renting one, and how much will it cost? Luckily, with Peerspace, private party venues are available all over the place. As the largest online marketplace for hourly venue rentals, we make it easy to book hidden gem spaces for all your personal and professional events in cities across the globe. Our platform makes planning your next event in style with a private party room easy. Party rental companies target different customers and only need to compete with the few local companies in their area. This allows for an industry to grow from the support of one another. This article is not to be taken as a step-by-step guide to get your party rental company raking in millions.
Shop around and find agencies that specialize in party rental equipment and liability insurance. Birthday party rentals cover an incredibly wide range of potential business opportunities. Some of the most popular birthday party rentals are bounce houses and other inflatables. This low-commitment product niche could net well over $1,500 each week with only minimal stock.
Find unique private party rooms on Peerspace
Professionalism – we are fully insured and are experienced in working with the local schools and Parks & Recreation areas. Cleanliness – all of our equipment is thoroughly cleaned and sanitized after each use. Reliability – we deliver and pick-up our equipment on-time, and try to fit into your schedule. We have different teepee sizes that allow us to draft the most convenient and space-saver layout for your space. We have double teepees that accommodate two children and also have single teepees that accommodate one child.
You’ve also got to know whether you’re using round, rectangular, or square tables. Most people tend to use round tables as they provide consistent seating and are much more social choices. While we do our best to keep this information fully up-to-date, its very difficult to stay on top of the changes for every state.