How to Start this $337k/Yr Service Business You’ve Never Heard Of

Get my 147 favorite business ideas for 2025, with full launch plans included here: https://tkopod.co/youtubeD I sat down with Marc Gaskins ( https://x.com/OvenPusher ) of Event Kitchens to discuss his $337k/year event rental business in Charleston, South Carolina. Marc noticed caterers needed quality equipment and turned that opportunity into a thriving business. We explored how a bar fire led to community support, becoming a turning point. We also discussed the value of patient growth versus rapid scaling. Marc explained the unit economics of renting convection ovens, the benefits of a niche focus on caterers, and his warehouse hacking real estate strategy. He also shared why he's relied on organic growth and his future interests. This episode offers actionable insights for starting an event rental business. Timestamps below. Enjoy! --- Audio podcast on all podcast platforms: https://toolkit.tkopod.com/podcast Free weekly business ideas newsletter: https://tkopod.com Private community where we build cool businesses together: https://TKOwners.com Learn more about me: https://www.chrisjkoerner.com/ Business ideas shorts channel: ⁨ @thekoernerofficeideas ( http://www.youtube.com/@thekoernerofficeideas ) The Koerner Office highlights: ⁨ @thekoernerofficehighlights ( http://www.youtube.com/@thekoernerofficehighlights ) AI-enabled accounting software, because Quickbooks SUCKS: https://lazybooks.com/ --- 00:00 Highlights 00:34 The Beginning of Squeeze Bar 01:18 First Equipment Purchases 02:18 The Bar Burns Down 02:42 Community Support and Business Growth 04:44 Competitor Exits the Market 06:17 Slow and Steady Growth 08:38 Unit Economics of Rental Items 17:47 Equipment Insights and Investment Strategies 18:37 Expanding Beyond Charleston 19:38 Organic Marketing and Customer Relationships 21:03 Catering to Caterers: Business Operations 22:19 Scaling and Maintenance Opportunities 24:27 Exploring New Business Ideas 26:14 Starting Fresh in a New Market 29:21 Challenges and Rewards of the Business 31:01 Team and Facilities Overview --- For the Algorithm: #EventKitchenRentals #CharlestonSC #RentalBusiness #EntrepreneurshipJourney #SmallBusinessGrowth #OrganicMarketing #NicheMarket #CateringEquipment #CommercialKitchenRental #StartupStory #BusinessOwner #MarcGaskins #TKOPodcast #HoldCoBros #ChrisKoerner #BusinessLessons #CustomerRelationships #CompetitiveAdvantage #UnexpectedGrowth #BarBurnsDown #Pivot #CommunitySupport #UnitEconomics #ConvectionOvens #Fryers #Ranges #Southbend #EquipmentRental #EventIndustry #HospitalityBusiness #LocalBusiness #CharlestonEvents #Caterers #EventPlanners #BusinessStrategy #FinancialMargins #ProfitableBusiness #ScalingABusiness #PatienceInBusiness #InboundSales