Starting a marquee letter rental business can be a great low-cost startup idea for anyone looking for a profitable side hustle. These letters with lights in them are becoming increasingly popular at events, particularly weddings. Customers usually rent letters that spell out words like love or their new last name, but you may also find corporate events, engagements, birthday parties, and concerts to be potential sources of revenue.
The rental price is usually based on the number of letters in a phrase or name, with shorter names or phrases being less expensive than longer ones. Most marquee letter rental companies charge between $30 and $70 per letter, but the pricing can vary depending on the size and quality of the letters. For instance, a friend of mine creates 5-foot tall letters with individually changeable colors, and he charges $125 per letter because his letters are superior to the competition.
You can buy or make these letters yourself. Buying pre-made letters can be expensive, but making them is more affordable. The link below provides CAD diagrams that allow you to make every letter exactly the same size and repeatable. You can take these designs to someone with a CAD machine who can cut out the back and light holes for you, and then you just have to build the sides. Making the letters yourself can save you a lot of money.
Marketing your business is key to success. You should post pictures of your marquee letters on social media platforms like Instagram and Facebook to show how great they look at events. If you offer a superior product, word of mouth marketing will also help to increase your customer base.
In conclusion, starting a marquee letter rental business is a great low-cost startup idea that can be done outside of normal working hours. It has the potential to make you a significant amount of money each weekend just by delivering the letters, setting them up, and then picking them up the next day. If you're looking for a fun and profitable side hustle, this might be just what you need.
Marquee Letter CAD: https://creatoriq.cc/3nOx2b5
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