How to Start Generator Rental Services

Generator rental services is another viable business opportunity that is waiting for your taking. Few people know about it and those who do are making a kill from the business as we speak, hiring out their generators to prospective clients 

50 KVA Singfo Diesel Generator | Image credit: SZ

for money. The ideal generator for this business is the big diesel generators and starting the business is quite simple.

A 30KVA soundproof diesel generator generates about $50-$80 (N10,000 - N15,000) daily. And considering the fact that it always goes for bulk time hire, consistent income for months is quite feasible in this business. Therefore, N10,000 - N16,000 x 30 could earn you N300,000 - N480,000 monthly for the time being!

This business is real and currently working for those who knows how to go about it.

What Does it Takes to go Into Generator Rental Services?

Locate your target customers - Who are your target customers in this business? Anyone in need of big generator but don't want to buy one at that time. 

Your biggest target market is construction. Construction companies make use of these generators big time, and no matter how many they have, they can never be enough for them, especially at the peak of construction period, usually during the dry season.

Others are Oil servicing companies, government agencies, etc. Get creative in your marketing and make sure you talk to as many prospective customers as possible.

Buy Generators - Acquire two or three Diesel Generator for a start, maybe two soundproofs and one non soundproof. I got one recently for my office use at the price of N1.7million. So budget N1,700,000 x 3 = N5,100,000. Open body (non soundproof) is quite cheaper. You can further get it cheaper by ordering from China through Alibaba.comyou many get the whole three for N3m.

That's all you need for now. Once you have your generators in place, approach the companies with your marketing proposal and make a advertisement of generators for hire. Cool business, cool money!