Are you one of those people who have an extra pool table taking up space in your garage or basement? If so, why not rent it out and make some money? Pool tables can be a lot of fun for guests, and they can provide hours of entertainment. Just make sure to keep the area clean and free of debris, and be sure to stock up on cue sticks, balls, and chalk! You can advertise your rental on social media or local classified sites and charge a daily or weekly fee. It’s a great way to make extra cash and clear out space in your home. If you have a pool table for rent, you may even start a profitable side business.
Remember that the following tips can apply to start any kind of rental business. No matter if you have some extra antique chairs or some hospital beds, you can always start a furniture or medical equipment rental business.
Rent it out or in. That’s the question.
You have a few options to make money with your pool table. First, you can rent it out, so people take it to their place for a while and pay the cost. Or if you have a space you’re not using (Garage or basement), you can rent it hourly at your place.
When deciding how to do this, it’s important to consider the logistics and practicality of both options. Renting out means less hassle for you, as the renter is responsible for transporting and setting up. However, this option may also limit the availability of potential renters who have the means to transport the table.
Renting the game table at your location may require more effort, as you must set up and take it down for each rental. But it also allows for a wider range of potential renters who may need more means or space to transport a pool table.
Additionally, renting hourly at your location allows for more frequent and potentially profitable rentals, as renters can easily drop in for a quick game without the commitment of renting the table for a longer time.
Whichever option you choose, set a clear rental agreement and price, advertise your availability, and thoroughly clean and maintain the table to ensure a positive rental experience for your customers.
Maintenance is important
Pool tables can provide hours of entertainment for guests and friends. However, it’s important to maintain your pool table to ensure optimal gameplay properly.
Here are some tips for proper maintenance:
- Keep its surface clean by wiping it down with a soft cloth after each use.
- Periodically check and tighten any loose screws or bolts.
- Make sure the felt surface is free of rips or tears, and replace it as needed.
- Use a leveler to keep it even, as uneven surfaces can greatly affect gameplay.
These tips will help maintain your pool table rental for years of enjoyment.
Make sure to keep the area clean and free of debris when renting.
Keeping everything clean will help create a positive experience for them and may result in repeat business or referrals. Additionally, regularly inspect the equipment for any damage or wear and tear to ensure safe usage by renters. Setting clear rental guidelines and prices will help manage expectations and avoid conflicts. Finally, consider obtaining liability insurance to protect yourself in case of accidents or injuries.
Set up some resting spots for the players who need a short break. You can rent some furnitures or buy cheap ones from your local market.
Stock up on cue sticks, balls, and chalk before your first rental
Make sure you have everything ready before starting to rent. Prepare a rack or hanger to stock up cue sticks and the triangle. Put a box for storing the balls with a small storage for chalk.
Consider investing in a cover for the pool table to keep it clean and protected during rentals.
Place some stools or chairs for people to sit on while waiting for their game mate to do their turn in eight balls. You also might want a small fridge for the guests to keep their drinks cold. The goal is to create a cozy and pleasant experience for people so they come back to play pool again later.
Advertise your rental on social media or local classified sites
Consider creating a social media post or ad with pictures of your pool table and information about its condition, availability, and rental rates. Also, include details about pickup and return logistics and any rules or restrictions for renters.
You can also advertise your rental on local classified sites such as Craigslist or Nextdoor. But, again, include all the necessary information and be clear about your expectations for renters.
Charge a daily or weekly fee for the use of the table
If you rent the table out, you can charge per period (Per day, week, or month). Set a specific time limit for rentals to ensure fair use for all interested parties.
Consider also offering package deals, such as a discounted rate for long-term rental or bundle packages with pool cues and other equipment.
For renting the table at your place, it’s easier to calculate. You either set hourly rates or define some time packages, like 2 hours package or a three-hour deal. It’s always a good idea to look at your local pool table rentals and their rates.
You might also rent it to companies for their next corporate event. If you are considering renting it out to a bar or business, negotiate a flat fee for their use with specific terms and conditions.
Take advantage of the technology.
You can go one step further and be more organized and efficient. Download a free app to send a mobile phone message to your customers about their booking. This will let them receive SMS or e-mails as reminders a few hours before their time slot.
Answering some of your questions:
How much should I spend on a pool table?
This ultimately depends on your budget and personal preferences.
You can find affordable options for a basic table starting at around $400, while high-end tables can cost upwards of several thousand dollars.
Consider size, material, and brand to determine what is best for you and your space.
How often should I replace the felt on my pool table?
Generally, it is recommended to replace the felt surface every 1-3 years, depending on usage and level of wear and tear. This
Inspect the regularly felt for rips or excessive fraying and clean it properly to extend its lifespan.
However, if any noticeable issues impact gameplay, replace the felt sooner.
What other maintenance do I need to do?
In addition to replacing the felt and keeping the area clean, regularly check for loose screws or hardware and tighten if necessary.
Ensure all equipment, such as cue sticks and balls, are in good condition and replace them as needed. Properly level the table to ensure an even playing surface. I suggest consulting a professional to take care of this.
Can you move a pool table without professionals?
It is possible to move it without professional assistance, but it can be challenging and risky. Disassembling and reassembling the table requires skill and knowledge to ensure everything is back together correctly. If done improperly, it can result in damage or injury. Therefore, it may be worth hiring professionals for a successful and safe move. Additionally, it is important to have enough people to lift and transport the table properly to avoid strain or accidents.
Final words
Don’t let the pool table collect dust – put it to use and earn extra cash today. Just be sure to set a fair price and consider any necessary expenses, such as maintenance or moving costs. As for the cost, it depends on the size and features you want. For example, a full-sized table can range from a few hundred dollars to thousands, while a smaller pub size may only cost a couple of hundred dollars.