🎧 Join Xavier Kelly, Eddie Sauceda, and Tina Tran as they delve into the topic of starting a rental venue. In this engaging conversation, they provide step-by-step guidance on how to kickstart your own rental venue business. From finding the perfect location to designing the space and attracting clients, they cover all the essential aspects of getting started in this industry. Whether you're a budding entrepreneur or looking to expand your business ventures, this discussion offers valuable insights and practical advice to help you launch a successful rental venue. Tune in and embark on your journey to becoming a venue rental entrepreneur! 🎧
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👇🧐 About The Host 🧐👇:
The hosts have 5 years of experience running an event rental company. Their company, Kelly Rentals, makes more than $2.25 million a year as of 2023. Located in DFW, Texas, they’ve helped more than 20 other event rental companies across the country.
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00:00 Introduction - Why you should watch to the end
00:28 Key considerations for starting a venue rental business
2:29 Startup cost for a venue rental business
3:35 The amount we spent on our own venue rental business
4:55 Variables to consider when starting up
06:06 Operations and maintenance
06:59 Expected revenue
7:37 Pros and cons of having your own venue