Best Side Hustles for Renting Fitness Equipment

Renting fitness equipment could be your ideal opportunity! With the growing interest in home workouts, this side hustle can be both profitable and rewarding. Here's everything you need to know to get started.

Why Renting Fitness Equipment Is a Great Side Hustle

With more Canadians opting to work out at home, there’s a rising demand for fitness equipment rentals. Renting equipment like treadmills, dumbbells, and stationary bikes allows customers to access top-tier gear without a hefty upfront cost. For you, it’s a chance to earn consistent income with a manageable investment.

Income Potential

Your earnings can vary depending on the type and quantity of equipment you offer. Here’s an estimate:

• Treadmills: $50 to $100 per week
• Stationary Bikes: $40 to $75 per week
• Dumbbell Sets: $20 to $40 per week
• Yoga Gear Bundles: $10 to $25 per week

With a small inventory of 5-10 items, you could potentially earn $500 to $2,000 per month.

Tools and Resources

Here are some tools and resources to streamline your fitness equipment rental business:

1. Equipment Suppliers
   • Amazon Canada:
   • Rogue Fitness:
   • Fitness Depot Canada:
2. Rental Platforms
   • Kijiji:
   • Facebook Marketplace:
   • SpinLister:
3. Scheduling and Payments
   • Square Payments:
   • Google Calendar for Scheduling:
4. Insurance Providers
   • BFL Canada:
   • PolicyMe:

How to Get Started

1. Research Your Market Identify your target audience and the most in-demand equipment in your area. Use platforms like Kijiji and Facebook Marketplace to gauge interest.
2. Acquire Equipment Start small by investing in versatile and popular items like dumbbells, yoga mats, or a treadmill. Check for second-hand deals to reduce upfront costs.
3. Set Up a Rental System Create clear rental terms, including pricing, deposit requirements, and return policies. Use tools like Square for seamless payments and Google Calendar to manage bookings.
4. Promote Your Business Use social media platforms like Instagram and Facebook to reach fitness enthusiasts. Local classified sites like Kijiji can also help.
5. Secure Insurance Protect yourself and your equipment with liability and theft insurance from providers like BFL Canada.
6. Build Customer Relationships Encourage repeat rentals by offering discounts for long-term commitments or referrals.

By leveraging the growing demand for fitness equipment, you can turn this side hustle into a steady source of income. With careful planning and consistent effort, your rental business could flex its muscles in no time!