Tag: rental

Sports Equipment Rental Business Plan

Velocipede/Snowpede Borrow Bank can be found in Eugene, OR and specializes in renting snowshoes. VS will offer road, mountain, and tandem bicycles for rent as well as a variety of sizes of snowshoes. From April through November, revenue will come primarily from bicycles. The revenue source for snowshoes is changed to bicycles once the rains start to fall in the Willamette area. Velocipede/Snowpede can provide each customer with a detailed trip log/map, which will allow them to see amazing biking and hiking trails. Eugene is the ideal location for these activities due to its friendly cycling population and its proximity to Cascade Mt. range.

While Eugene has several rental stores for bicycles and snowshoes, their primary line of businesses is retail, with rentals as an ancillary distraction. VS will make use of their exceptional customer service and gain market share. They expect to be profitable by month nine and earn $150,000 in revenues in year two.

1.1 Objectives

The following objectives are set for the initial three years of operation

To create a service-based firm whose primary goal will be to exceed customers&#8217’s expectations.
To increase the number client served by 20% annually through superior performance.
To develop a sustainable start-up business surviving off of its own cash flow.

1.2 Mission

Velocipede/Snowpede Borrow Bankâ€™s mission it to provide snowshoe rental and suggested travels for customers. Our goal is to keep customers happy. When we adhere to this maxim, everything else will fall into place. Our services will exceed the expectations of our customers.

Beverage Machine Rental Business Plan

Margarita Momma can rent a frozen drink machine. We will be specializing in church functions, children’s and adult birthday parties as well as weddings and barbecues. We plan on setting up concessions at local and fund raising events within Copperas Cove. Hood, Killeen. You can add alcohol to the frozen beverage, but it’s also enjoyable without. However, customers can add alcohol to the drinks by purchasing it from the manufacturer. This is a rare service, but frozen drink machines rentals are increasing throughout the country.

The chosen beverage concentrate has natural flavorings, and few preservatives. This makes the concentrate far superior, both in quality and in taste, to the other brands on the market. Our frozen drinks are of a higher quality than those sold in convenience stores.

Margarita Momma can deliver the machine, which includes everything needed to make your gathering a success. Cart delivery includes 50 9-ounce cups, straws, salt, and salt (if necessary for margaritas). The only thing the customer must provide is fun! Delivery includes mixing the first batch and also the mix. This is where the customer would supply and add any alcohol. Margarita Mumma will provide the cart to facilitate delivery. This will also minimize any potential furniture damage. A tray in the cart is deep, which helps to prevent spillages. It also reduces carpet and furniture damage. Next morning’s pick-up is included in the rental cost and will be performed at a convenience for the customer.

Margarita Mumma will need $11,960 in order to rent three Frosty Factory machines, ten concentrate cases, two cups, and two straws.

1.1 Objectives

Margarita Mama’s objectives are specific goals that can be achieved in the first years of operation. These are the objectives.

The first two months saw sales of $2,000, with steady growth throughout the year.
To increase from three machines to six machines in year 1.
To work full time for nine months.

1.2 Mission

Margarita Mumma will be able to provide a variety of alternative beverages for community events. We will arrange delivery and setup for the first batch of mix. We will deliver the machines well in advance of the party to ensure that the mix is ready. The rental cost includes cups, cups, one mix and salt. Straws can be purchased at an additional charge. Written instructions are also included. Additional mixes may be purchased at an additional cost, but most events will only require one mix. Customers can also pick up their rental the next day.

Success Keys 1.3

The following facets of Margarita Momma ensure its financial success:

Unrivalled quality and presentation.
Low overhead.
Advertising via word-of mouth is an effective form of advertising.
It is a healthy and versatile beverage that can be enjoyed by all ages.

beverage machine rental

Mopeds Rental Business Plan

A new and exciting business opportunity exists in Eugene, Oregon. University Mopeds will to rent mopeds to University of Oregon students, as well as anyone who would have a need for efficient, around-town transportation. This market is currently not covered by Eugene’s businesses.

A student can have their own transportation for the school year, but it costs slightly more than a monthly cell phone bill. Mopeds are more cost-effective than cars and have lower fuel consumption. You can also insure these vehicles at a cost of $30-50 per year.

The target market for this business would be the approximately 15,000 full-time students. Autzenfield is home to thousands of students who commute every day. Parking is difficult on campus and the bus has few options. This is where the economical moped comes into play.

Many students do not have the disposable income that it takes to purchase a moped, but they are in a position to pay $50 per month to rent one. University Mopeds would buy used mopeds from $400 to $700 and lease them out. In less than one year, the average moped could be paid off.

University Moped will attempt to reach 1% of full-time students in year one. This would equate to 150 mopeds rented. The 5-year growth rate should be no less than 15%.

University Mopeds may be profitable in year 2. If they purchase a bike at an average price of $550 and rent it for ten months at $50/month, then that is likely to make them profitable.

1.1 Objectives

Rent 150 units in the first year.
By year three, University Mopeds will be completely self-sufficient and financially viable.
Rent at most 199 units by the end of year three, and 263 by year five (15% annual rate of growth).

1.2 Mission

University Mopeds is the first company to service students. University Mopeds clients can rent quality transport at a fair price. University Mopeds will also be a profitable business which will treat employees fairly and provide financially for its owners.

1.3 Keys to Success

Customer service excellence and quality.
Affordable rental prices
Reaching your target market
Integrity in our customer service results in repeat customers

business mopeds rental

Tools Rental Business Plan

Borrow My Tools, a start-up providing home improvement tools for rent or lease in San Mateo, CA is Borrow My Tools. The business has been formed as a California S Corporation with Josh Taylor as the primary shareholder. Borrow My Tools is a platform that offers customers common home improvements tools along with benchmarked customer service.

The Market

San Mateo has two distinct market segments that are Borrow My Toolsâ€™ most attractive customers. The first segment consists of individuals who are embarking on a home improvement project. While some customers know exactly what tools they need for their project, others use Borrow My Tools to get the help and guidance they need. The individuals have 54,050 potential group members. This segment sees an average growth rate of 5% each year. Handymen are those who have been hired by clients to finish a project. Borrow My Tools’ wide selection of leasing and rental options attract handymen, who are unable to afford to purchase tools. With 1,200 potential segments, and a 4.4% growth rate, handymen can have 1200 members.

Services

Borrow My Tools is able to lease and rent a variety tools. The tools have been categorized into three large groups: wood, exterior, and assorted. Borrow My Tools rents and leases only the best quality tools in an exceptional condition. Borrow My Tools has developed a strategic relationship with a premier leasing company to allow customers to lease tools from them. Leasing is advantageous in many ways: the customer always has the nicest/newest version to work with, precious capital is not tied up, lines of credit from banks are not effected by leases, and certain tax advantages are conferred to the lessee.

Competitive Edge

Josh is a veteran in both the contractor and tool rental/leasing industries. He has taken his industry observations and created a niche for Borrow My Tools by emphasizing two competitive advantages that will greatly help Borrow My Tools gain market share.

Highest quality product offerings – Customers are looking to rent or lease tools and want to make sure they get the best. Borrow my Tools’ procurement process purchases only the highest quality tools in each category. Customers will love the results. In addition to starting with the highest quality tools, the products are meticulously maintained so that they continue to appear as new.
Best customer service. The role of Borrow My Tools sales agents is to help customers in all possible ways. This includes determining what tool is most suitable for the job, explaining how to use it and providing suggestions on how to do the job. Every sales rep is the customer’s personal advisor. Borrow My Tools’ goal is to meet every customer’s needs.

Borrow My Tools, a new concept, recognizes the shortcomings of the competition’s customer service and uses Borrow My Tools’ phenomenal customer support to help the market segment that needs assistance with rental or lease. Borrow My Tools can quickly grow market share and turn this start-up into a profitable enterprise by adhering to a thorough rental business plan strategy.

Mission

Borrow my Tools’ aim is to provide the best home improvement tools to the San Mateo Community. Borrow My Tools will provide the best customer service and support for the tools. All customers will be met with the highest level of customer service.

Keys for Success

Assure that you have sufficient tools of high quality, and keep them in great condition.
Ensure all staff are extremely knowledgeable on all of the offered tools.
Maintain strict inventory and accounting controls, reducing overhead while assuring availability at the same time.

Ziele

To have 70% of the tools rented by month seven.
By the end of year 2, you can be profitable
Two years to achieve self-sustaining revenues

business rental tools

Office Equipment Rental Business Plan

House of Projectors (HOP) is an Ohio based Limited Liability Corporation (L.L.C.) Start-up that rents Liquid Crystal Display (LCD), computer projectors. John Laaklytte will lead the company, an industry veteran who has also founded it. HOP has identified three distinct market segments that they will target. Entrepreneurs are the first segment. Entrepreneurs often require projectors for presentations to angel or venture capital investors. Projectors are a standard in professional presentations. Most presentations these days are PowerPoint-based. This customer segment is experiencing a 9% increase in sales with 33,243 potential clients. The second segment is small size companies which can be defined as companies with less than 15 employees. These companies have the need for a projector, but do not use it frequently enough to justify the high capital expense. With 5,423 potential clients, the group enjoys a 7% rate of growth. Medium-sized businesses that employ 15-50 people and share a similar passion for renting projectors are the last group. This group can rent projectors to 3,433 customers and has a growth rate of 6%.

Industry

The $745million industry of computer-based office equipment rental is the largest in the world. Many players in the sector rent a variety of equipment rather than focusing on one particular type. This creates a greater customer base but reduces their ability and quality of service for each type of technology. Because the industry is organized primarily as comprehensive service providers, House of Projectors will be able to excel within their niche of just offering projector rentals. They will be capable of providing technical and customer support that is hard to find in the vast array of comprehensive service providers. This is House of Projectors’#8217; unique competitive advantage and industry-standard customer care. House of Projectors believes it has the ability to maintain this competitive advantage for two reasons.

HOP can excel in their chosen niche due to its concentration on projectors.
It is expected that all employees of HOP have this high level support.

Management

John Laaklytte is going to lead House of Projectors in the early stages of market penetration. John received a Bachelor of Science, Business major from Case Western Reserve University. John worked as an assistant manager in a CompUSA local retail store while he was in school. John’s business skills were developed during this time, which will be crucial for the success of his own company. John also held the position of computer lab director at the University. John worked at (name withheld), a national computer rental company. John quickly rose to the position of Regional Manager at this company.

John will use his experience and knowledge to transform House of Projectors into a well-established player in the computer hardware industry. John will create exceptional revenues in year 2 and 3, with a well-planned and tested business model. HOP will become profitable in the second year.

1.1 Objectives

To be the top source for LCD computer projections rentals.
To develop a significant base of long-term customers.
To reach profitability by the end of year two.

1.2 Keys to Success

Use strict financial controls. This will be used as a way to analyze all aspects the business.
Treat each customer like the most important HOP customer.
Always evaluate the market and the customer’s needs. HOP does not always know what the customer wants. An interactive feedback mechanism will be just one method used to gain insight into the customers’ preferences.

1.3 Mission

House of Projectors aims to be the most trusted source of computer projectsors for the Cleveland area business community. House of Projectors will soon be regarded as the best store in its field, thanks to their fair pricing and outstanding service.

equipment office rental

Catering and Ballroom Rental Business Plan

Sumptuous Cuisine Catering provides local catering services to both business and private customers in Doeuvreville and surrounding towns within a 10 mile radius. Since 2005, the business operated a catering company and was able to plan and cater for large-scale events. The business event management, event staff, a variety of cuisine for breakfasts, lunches, dinners, and appetizers, alcoholic and non-alcoholic beverage service, floral design, space design and decor, musicians and DJs, event equipment and furniture rentals, and other event services. Sumptuous Cuisine Catering wants to expand its operations and open a dedicated venue in Doeuvreville called The Sumptuous Barroom. The Sumptuous Room will provide a mortgage for the space, its cash reserves, and convertible debt to angel investors.

Sumptuous Catering will add The Sumptuous Ballroom and other services to its offerings. This will increase gross margins beyond their industry averages. Rentals of space offer high gross margins. Existing clients and new customers will be interested to use this space as well as the additional services Sumptuous Cooking Catering offers. In 2012, the top line sales are expected to double from their 2009 levels to more then twice that level. Even with the anticipated rises in operating expenses, net profits from this acquisition will triple between 2010-2012. Sumptuous Cuisine Catering will seek to utilize the space on at least 40% of days by the end of year 3 to achieve these results.

Objectives

Sumptuous Cuisine Catering has set the following objectives for the first three years of the launch of its ballroom:

Renovate and improve the interior design of the ballroom
For the management of the logistics in the new space, you can hire and retain a facilities manger
By the end of the second-year, you will have a positive return on your investment in the ballroom acquisition
Use the ballroom for 40% of the days until the end the third year

Mission

Sumptuous Cuisine Catering is a top-notch catering company that delivers flawless execution to both private and commercial clients in the Doeuvreville vicinity. Sumptuous Cooking Catering will make your event unforgettable. They will prepare delicious food and provide excellent service.

Keys to Success

The following are key factors to success in the catering/event business:

Manage and exceed client expectations
Expert opinions and advice should be balanced with client’s vision and preferences.
Professional showmanship must be displayed on the day.
Protecting client’s interest and liability even when it means making difficult decisions

Sumptuous Cuisine Catering keeps these keys in mind through all events they have managed and catered in the past and will renew their efforts as they open their own catering venue.

ballroom catering rental

Equipment Rental Sales Business Plan

Equipment Rental, Inc., a Breaux, Tennessee, company, rents and sells heavy equipment, including backhoes, duster, excavators, and trenchers. They also rent small equipment for home and construction such as augers, augers, and chains saws.

ER has been granted authorization to distribute Hancor Pipes and Stone Equipment. Ramrod Equipment and Komatsu Forklifts are the exclusive South Tennessee distributors.

ER is a top-notch management company with extensive industry knowledge, extensive research experience and unique administrative skills. Its management team includes Mr. David James (CEO) and Mrs. Sally James. The President/CEO of the company, David James, has lived in Denton Parish six years and has worked in all parts of Texas, Mississippi, Alabama and Georgia. He also has a large list of potential customers and vendors.

The company will employ two locals in various positions within the shop. ER will contribute to the development of the region by employing local people. The funds would stay in the community, thereby contributing to the overall economy and the development of the entire area. Customers who are loyal help the company expand its business area through word-of-mouth advertising and a lot of ER’s business cards.

The company’s strategy includes adding to its ever-growing product line. This currently includes Echo and Interstate Batteries homeowner equipment, as well as commercial equipment from Ramrod and Compact S/I Technology and Komatsu industrial equipment.

The company is in need of a loan/credit to grow its business. Expansion plans include the purchase or construction of additional land/service areas, increasing rental inventory, purchasing a delivery vehicle, and hiring additional personnel such as a mechanic and driver. Proposed revenues for year 1 through 3 are $210,000; $420,000; and $840,000 respectively.

1.1 Mission

ER’8217 is a full-service equipment sales and rental company. They also have the ability to serve the surrounding parishes of Memphis and Knoxville as well as Garland, Irvine and Riverside. Therefore the company’s strategy is to create a limited geographical niche for itself where there are no potential competitors.

ER&#8217â€™s vision of expanding its service is to reach new areas. As the company’s presence is recognized in more areas, its coverage area keeps growing.

equipment rental sales

Rental Remodeling Business Plan

Victorian Renovations is a new start-up company. It was established to address the increasing demand for unique, restored vintage homes in Portland, Oregon. The company’s initial focus is on one building at Fifth and Pearl. This building is currently being purchased. Doug Machen (the business’s owner) and Sarah Renner (the other half of the business), are both experienced in house renovating and have graduated from University of Portland’s MBA program. External contractors will also be used for the larger jobs, but most of the work will be completed by Doug and Sarah.

After completion, the house will be rented out, and the income stream will be used to pay the mortgage on the house and to finance the purchase of another property in downtown Portland. Due to high demand in this area for unique homes, the Fifth and Pearl property is likely to be rented. The rental will bring in substantial cash flow and pay a very high price.

1.1 Mission

The mission of VR is to develop rundown houses in the Portland area, to improve the look and financial viability of downtown Portland, and rent those properties out to provide a stream of income for future investments. VR will create unique homes for the discerning renter who is willing and able to pay more for a high-quality home. VR is a company that wants to be prominent in the property market.

1.2 Objectives

Here are the main VR goals:

To secure investor financing to buy and renovate a four-bedroom residence located on Pearl and Fifth in Portland’s Hawthorne District.
To finish renovations on the four-bedroom Victorian house and convert it into two 2-bedroom units in October 2001.
To rent the residence out to make an income stream sufficient to pay the mortgage, and to create additional income for future projects.
To purchase another residence for renovation immediately thereafter.

1.3 Keys to Success

These are the keys to success in this project’s endeavors:

To complete the renovation work within the scheduled time and within the budgeted amount.
You will need to find tenants for the building either before or as soon afterwards as renovations are complete.
To maintain an annual average occupancy rate of at least 80%

business remodeling rental

Houseboat Rental Business Plan

Houses on The Lake will establish a viable business model to rent vacation houses on Lake Shasta. Instead of buying houseboats, the company will rent out small housesboats to young couples and families (up to six persons) from their existing owners. To compete with luxury vacation houseboat operators, the business will provide vacationers with other services. It will also offer moorage and revenue sharing to existing owners. The loan financing is required for the launch of the business.

Robert Hopkins, the founder and owner of the business, will make it profitable within its second year. The company will also be very profitable in its third year. Rent rates will be very low for the market and start at about $600 for three days in an off season.

Objectives

Three vacation houseboats will be the first to go on Houses On The Lake’s business. Houses On The Lake will achieve the following goals in the first three years:

Marina and marina rental land
A pool of eight houseboats can be created by current owners who are interested to rent them out.
Steadily growing revenues each year
Achieve a 50% retention rate of customers from year 2 to year 3

Mission

Houses On Lake will offer affordable vacation houseboat rental options for couples and families looking to enjoy Lake Shasta. Families and couples will find the right balance of excitement and relaxation in this business. There are many options available for activities that can be tailored to each person or group.

Keys for Success

The following are key factors to your success in the business of vacation houseboats:

For the comfort and luxury of the accommodations, the boat rental must be maintained at a high standard.
Many activities and services available to suggest and promote family involvement
Seasonal pricing to encourage year-round utilization of the boats

business houseboat rental