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I run a photo booth rental business that generates $400k annually. AMA (alien.top)

submitted 1 year ago by maydaybutton@alien.top to c/entrepreneur@indiehackers.space

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Been in the photo booth industry for nearly 10 years and generate $400k annually (set to do over half a mil by 2024) in the wedding and events space. I don't feel like I am the expert by any means in business or entrepreneurship, but I've built a couple successful companies on a small scale, and have an MBA, so maybe I can contribute to your success. AMA!

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[–] therealrico@alien.top 1 points 1 year ago (1 children)

            
              How many photo booths do you have?
How many events are you doing a year?
Are all photo booths the same?
What do you charge per event?
Do you charge the same regardless of event?
If not what are you adding that is extra? How long to set up and take down?
Are you doing all of the events or are you hiring people to do it?
Any unforeseen issues you came across?
Is this the only service you provide, or is it an ancillary service such as tent rental, or catering?
Are all or most of your rentals during the weekend? Or have you been able to fill the week out with rentals as well?


            
          

[–] maydaybutton@alien.top 1 points 1 year ago

A lot of these were already answered on others, so I'll answer the new ones here.

100 events this year, will finish the year around 130. Last year we did 170.
no
depends on the event, our average photo booth ticket is abo $3200 for 3-4hrs, but can vary drastically.
nope, all depends on event needs and specific vision + time
extra hours, SMS, digital branding, design customization, vinyl wrap, bespoke services, etc. Lots in the upsells.
at the start a lot on my own. Now most is done by employees or contractors (with their own equipment).
lots! lol I elaborate on other posts
we don't do other general rentals/event services, but the extent of what we offer within the 'photo booth' space includes live photo/video activation experiences (360, slow mo, selfie, glam, ai, etc). But never flowers, catering, dj, etc.
most events are weekend, weekdays there are corporate gigs like tradeshows etc. But most weekdays are not booked year round.
Nope prebuilt, lots of software, some custom, some out there (dslr remote pro, snappic, dslrbooth, etc)