4 Wedding Rental Business Success Stories [2024]
Do you love wedding planning and looking for a business idea to turn your passion into profits? Starting a wedding rental business can be a great idea.
Your role as a wedding rental business is to supply all equipment and accessories to make the occasion colorful and memorable for attendees and the wedding couple. If you are starting a wedding rental business, focus on building relationships with wedding planners and event companies. Remember often couples visit wedding venues before even contacting a rental company. Being in contact with wedding venue business owners could get you repeat business.
In this list, you'll find real-world wedding rental business success stories and very profitable examples of starting a wedding rental business that makes money.
1. Photobooth Supply Co. ($6M/year)
Brandon Wong, CEO of Photobooth Supply Co., came up with the idea for his business when he and his wife, who were wedding photographers, noticed a surge in popularity for photo booths at weddings. They saw an opportunity to improve upon the existing photo booth designs and created a sleek and portable photobooth with high-quality picture capabilities. After selling over 10 booths at a wedding photography expo, they realized they had tapped into a market with huge potential for growth.
How much money it makes: $6M/year
How many people on the team: 10
Photobooth Supply Co. offers a profitable business opportunity through their sleek and portable photo booths, with up to 97% satisfaction rate and a focus on customer experience, in a fast-growing event industry where photo booths are exploding.
2. Gulf Beach Weddings ($1.98M/year)
Brandon Wheeler, co-founder of Gulf Beach Weddings, started the business as a simple officiate and photographer. As the business grew, he expanded into offering wedding packages and added a reception hall to the business. By focusing on customer service, responsiveness, and adding value, Gulf Beach Weddings has grown to conduct approximately 1,000 weddings per year and has been recognized on the Inc. 5000 and Seminole 100 lists.
How much money it makes: $1.98M/year
How much did it cost to start: $135K
How many people on the team: 5
Florida-based Gulf Beach Weddings offers customized beach wedding packages and services across nine counties in the state of Florida and Alabama, conducting about 1,000 weddings a year and generating revenue of around $2 million annually, thanks in part to its trademarked Beach WeddingStudio software and focus on customer service.
3. Ship Our Wedding ($75K/year)
Rob, the founder of Ship Our Wedding®, came up with the idea for his business after realizing that many clients couldn't afford the expensive prices of his local wedding company. He believed that if clients were able to do it themselves, they could plan an event they deserve. With a background in Event Management, Supply Chain, and System Design, Rob and his wife Nicole developed a streamlined DIY service that offers affordable and easy-to-setup online wedding decor rentals.
How much money it makes: $75K/year
How much did it cost to start: $50K
How many people on the team: 4
Ship Our Wedding® disrupts the wedding industry with DIY event rentals backed by over 5,000 events experience, promoting a Super Local Initiative to help newer companies grow.
4. Happily Ever Borrowed ($60K/year)
Brittany Finkle, the founder of Happily Ever Borrowed, came up with the idea for her business after witnessing the high cost and poor quality of bridal accessories. Realizing that brides needed a more affordable and luxurious option, she launched an e-boutique that rents out high-end designer accessories for a fraction of the retail price. With over 100% growth each year and plans for expansion, Happily Ever Borrowed is revolutionizing the way brides accessorize for their wedding day.
How much money it makes: $60K/year
How many people on the team: 1
Luxury e-boutique Happily Ever Borrowed rents bridal accessories to brides for their special day, offering high-end designer accessories for around 80-90% off retail prices.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
