Tech Rentals Provider

Business Idea: Become A Tech Rentals Provider in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$150K
Avg Startup Costs
$11.7K
Market Size
$1B
Avg Revenue
Avg Days To Build
210 days

Tech rentals are a type of business that provides people with access to technology. It offers short-term rentals of the latest devices and gadgets to consumers and businesses.

To get started, you'll need a wide selection of the latest devices, as well as a strong marketing strategy to reach your target market. You'll also need to be able to provide excellent customer service and support.

Tech rentals's estimated annual revenue is currently $10.7M per year. Tech rentals's estimated revenue per employee is $260,000.

The recent trends such as the rise of the sharing economy and the popularity of short-term leases make this an ideal time to start a tech rental business. This type of business is growing in popularity as people are looking for ways to use technology without having to purchase it.

Revenue & Profitability

How much do tech rentals providers make?

Examples Of Successful Tech Rentals Providers

Successful tech rentals provider businesses and case studies

Casa Mia Coliving, a sustainable and modern co-living and property management company in Singapore offering affordable accommodation, has an annualized revenue of $2.5M with 150 bedrooms across popular neighborhoods, attracting young professionals and boasting a 10x LTV/CAC ratio, all while focusing on unit economics and profitable growth.

$200K Monthly Revenue
Read by 4,298 founders

DeepBench, a company disrupting the expert network industry, offers a platform connecting clients with expert advisors for informed decision making, serving over 450 clients and 25,000 advisors and achieving their best quarter yet in Q1 2021.

$100K Monthly Revenue
Read by 5,900 founders

See full list of successful tech rentals providers.