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Junior Varsity
Price check in Aisle 5
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<blockquote data-quote="Brian jojade" data-source="post: 123146" data-attributes="member: 211"><p>Re: Price check in Aisle 5</p><p></p><p></p><p></p><p>Industry standard for dry rentals of pro audio gear are typically 5%. When I'm renting out gear to people off the street, that's the rate I get. The gear doesn't get paid off with 20 rentals, as there is also the labor involved in handling the gear, and the cost of storage and maintenance. </p><p></p><p>Rental shops tend to have a larger selection of gear, and that gear may not go out the door each and every week, so 20 rentals may be a couple of years for some pieces of gear.</p><p></p><p>Now, if you have an established relationship with a rental shop, you can often get better rates. It's still tough to build a business plan with rental gear that rents for 2%. That would mean 50 rentals with NO additional costs before there is a chance for profit.</p></blockquote><p></p>
[QUOTE="Brian jojade, post: 123146, member: 211"] Re: Price check in Aisle 5 Industry standard for dry rentals of pro audio gear are typically 5%. When I'm renting out gear to people off the street, that's the rate I get. The gear doesn't get paid off with 20 rentals, as there is also the labor involved in handling the gear, and the cost of storage and maintenance. Rental shops tend to have a larger selection of gear, and that gear may not go out the door each and every week, so 20 rentals may be a couple of years for some pieces of gear. Now, if you have an established relationship with a rental shop, you can often get better rates. It's still tough to build a business plan with rental gear that rents for 2%. That would mean 50 rentals with NO additional costs before there is a chance for profit. [/QUOTE]
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Price check in Aisle 5
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