Sublease semi-trailers to owner-operators without owning any equipment
Lease trailers from big leasing companies on net-30 terms with triple-net maintenance (they cover mechanical repairs and no per-mile fee), then sublease them to truckers who lack the credit to lease directly. Collect a deposit and bill weekly while paying the supplier monthly, so the business is cash-flow positive from day one. Scale by asking the same supplier for more units and advertising nationwide.
physical BOTH Rental / Experience
From Chris Koerner on The Koerner Office Podcast — He Rented Out 300 Trailers and Didn't Own a Single One
Problem: Established trailer rental companies won't rent to new companies or those with bad credit; truckers need the equipment to earn a living.
For: Truckers and small trucking companies — especially new companies and drivers with poor credit — who need a 53' dry van or flatbed to work and are turned away by traditional rental companies.
Products from this video
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Examples
- Eli's trailer rental business: started with one leased trailer in November 2019, ~10 trailers within two months, ~100 trailers and $75K/month revenue by end of 2020, 300 trailers and $250K/month with $40–50K net profit at peak, run by two remote employees, sold for seven figures six years later with a total startup cost of one ~$4,000/year insurance policy.
Other takes on Equipment rental businesses
- Local washer-and-dryer rental business using the Post, Rent, Buy process
- Moving tote rental business with realtor-sponsored customer gifting
- Travel-trailer rental business operated through marketplaces and direct repeat bookings
- Local event-rental business providing outdoor movie theaters, indoor air-conditioned movie theaters, and LED dance floors
- Temporary fence rental for construction sites
- Cornhole mini-golf installation and rental business