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UPDATE: Mrs. Thefed's inflatable bounce house rental business...
09-08-2009, 09:11 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
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UPDATE: Mrs. Thefed's inflatable bounce house rental business...
Well, who woulda thunkit? This business we started with one $800 bounce-house has turned into something special.
We are nearing the end of the season with 12 inflatables, a box truck, 250 happy customers and revenues of about $40,000. WOW!
Every cent of the $26,000 initial investment is paid off and we are very excited about next season. Our market studies show that the average rate of returning customers from one year to the next is 40%. So that tell us that we can expect exponential growth going forward.
Wish us luck!
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09-08-2009, 09:59 PM
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#2
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Good job. As the economy picks up..perhaps more business.
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09-09-2009, 06:32 AM
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#3
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2006
Location: Washington, DC
Posts: 11,327
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Good for you Fed. I hope things continue well. If you truly get exponential growth you will have to expand and trust others to carry your brand effectively - be careful with that.
__________________
Idleness is fatal only to the mediocre -- Albert Camus
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09-09-2009, 12:02 PM
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#4
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gone traveling
Join Date: May 2008
Posts: 3,864
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Congrats! and now if we can just get the same bounce out of the economy... 
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09-09-2009, 12:15 PM
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#5
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,774
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That really is a great business in that there will always be a new crop of customers to enjoy your product as the current ones get older and move on to other things. So another smart business decision.
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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09-09-2009, 02:57 PM
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#6
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Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
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Yeah, it really boggles my mind though. in hindsight it makes sense, but getting into it I thought there was no WAY we'd rent many, if any at all. That goes to show you that thorough market research truly pays off if you analyze it objectively.
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09-09-2009, 04:50 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Jun 2004
Location: No. California
Posts: 1,858
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Glad it's doing so well. I can't imagine doing all your different business taxes, though but I'm glad your businesses are doing well.
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09-09-2009, 05:25 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
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 Quote:
Originally Posted by KB
Glad it's doing so well. I can't imagine doing all your different business taxes, though but I'm glad your businesses are doing well.
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yeah, it is confusing. lets see...home repair and duct cleaning are one llc, lawn care another, investment properties are 2 more llcs so far, bounce houses are another,
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09-10-2009, 12:06 AM
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#9
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gone traveling
Join Date: May 2008
Posts: 3,864
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Quote:
Originally Posted by thefed
Well, who woulda thunkit? This business we started with one $800 bounce-house has turned into something special.
We are nearing the end of the season with 12 inflatables, a box truck, 250 happy customers and revenues of about $40,000. WOW!
Every cent of the $26,000 initial investment is paid off and we are very excited about next season. Our market studies show that the average rate of returning customers from one year to the next is 40%. So that tell us that we can expect exponential growth going forward.
Wish us luck!
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Great ROI, thefed. I know that you were concerned about liabilty going into this deal, what was the final injury tally?
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09-18-2009, 09:06 AM
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#10
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Thinks s/he gets paid by the post
Join Date: Jan 2005
Posts: 3,532
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Glad to hear that everything is going so well for you. You just might end up in the Millionaire Next Door sequel some day.
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09-18-2009, 11:47 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
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Quote:
Originally Posted by Westernskies
Great ROI, thefed. I know that you were concerned about liabilty going into this deal, what was the final injury tally?
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ZERO
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09-04-2010, 04:28 PM
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#12
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Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
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Well, the 2010 season is coming to a close....and based on what is already in the books and our pace for the last 6 months.....
we should end the season with about 480 rentals and a gross revenue of 105,000
Last year was 240 rentals and 44,000
Very excited for next year!
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09-04-2010, 05:23 PM
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#13
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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Wow!
Congratulations to Mrs. TheFed and her Bouncy Castle!
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09-04-2010, 05:23 PM
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#14
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2006
Posts: 12,880
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I guess inflation isn't all bad.
__________________
Al
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09-04-2010, 05:25 PM
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#15
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Thinks s/he gets paid by the post
Join Date: Jun 2004
Location: No. California
Posts: 1,858
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Wow, nice increase.
Do you still have your air duct and lawn mowing business also?
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09-04-2010, 05:28 PM
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#16
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Thinks s/he gets paid by the post
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,698
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Good job Fed!
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09-04-2010, 05:33 PM
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#17
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2007
Location: Denver, Colorado
Posts: 6,258
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__________________
"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
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09-04-2010, 06:11 PM
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#18
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Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
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Great job Mrs & Mr Fed ?
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09-04-2010, 07:14 PM
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#19
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Administrator
Join Date: Apr 2006
Posts: 23,037
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Congratulations. I hope business continues to boom.
__________________
Living an analog life in the Digital Age.
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09-04-2010, 07:25 PM
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#20
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Recycles dryer sheets
Join Date: May 2010
Location: SW Ohio
Posts: 360
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Great job Fed. And this was in spite of a very poor economy.
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