The Business
Power tool rental caters to contractors who need specialized equipment for specific jobs and homeowners doing DIY projects. Tools rent for $50-300/day — a concrete saw might rent for $150/day while a plate compactor goes for $75/day. The key is owning tools that people need occasionally but can't justify buying. Maintenance is the main ongoing cost.
How to Start
Start with 15-20 high-demand tools: concrete saws, trenchers, plate compactors, tile saws, power washers. Buy quality commercial-grade tools that can withstand rental abuse. Set up a small shop or partner with an existing hardware store. List on equipment rental platforms (BigRentz, ToolShed). Require deposits and damage waivers.
Equipment Needed
- ▸Assorted power tools
- ▸Concrete saw
- ▸Trencher
- ▸Plate compactor
- ▸Storage/shop space
Licensing
Business license only
Monthly Search Volume
Form your LLC and protect your assets. Start operating legally in days.
FORM YOUR LLC — ZENBUSINESSGET RENTERS — THUMBTACK PROAffiliate links · We may earn a commission
Revenue Calculator
“Tool rental is a beautiful asset-based business. A $500 trencher rents for $150/day and pays for itself in 4 rentals. After that, every rental is near-pure margin minus maintenance. The key is stocking tools people need once or twice a year.”
Want to buy a Power Tool Rental instead of starting one?
Skip the startup grind. Existing businesses come with customers, cash flow, and proven systems. Use our valuation calculator to see what you'd pay.
Tools we'd use if we were starting this business today. Affiliate links — we may earn a small commission.
Form your rental business LLC. Protect personal assets from equipment liability claims.
START YOUR LLC →Track rental income by asset, invoice customers, and see which equipment earns its keep.
START FREE TRIAL →Manage equipment bookings, deposits, and returns without spreadsheets.
TRY JOBBER FREE →Tools-in-trade and public liability insurance for equipment rental businesses.
GET INSURED →