Valet Parking Service

Startup Costs: Under $2,000
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No

THE BRIEF:

Are you comfortable behind the wheel and able to handle a fast-paced environment? Drive right up to entrepreneurship as the owner of a valet-parking service. Restaurants, hotels and convention centers can all use the services of a well-dressed, bonded parking staff. The key is having your own team of drivers to keep clients' customers -- and their cars -- on the move. To make a great impression on customers that is sure to secure lots of repeat business and word-of-mouth referrals, be sure your staff maintains incredible customer service.

ASK THE PROS:

How much money can you make?

“This business can be started with minimal cash and the profit potential is excellent, as rates for valet parking services are in the range of $75 to $100 per hour for a two-to-three person crew. And it goes almost without saying that tips can really add up!” —Entrepreneur staff

What do you need?

"A driver's license, the ability to obtain third-party liability insurance, and an outgoing friendly personality are the three essentials for starting a special-events valet parking service. Also, we suggest securing uniforms that are emblazoned with your business name and slogan." —Entrepreneur staff

What’s the most important thing to know about this business?

“Market your valet parking services directly to consumers hosting parties and events, corporations hosting conventions and other event and wedding planners, trade show organizers and charity groups and organizations.” —Entrepreneur staff

The Market

Market your valet parking services directly to consumers hosting parties and events, corporations hosting conventions and other event and wedding planners, trade show organizers, and charity groups and organizations.

Needed Equipment

A driver's license, the ability to obtain third-party liability insurance, and an outgoing friendly personality are the three essentials for starting a special-events valet parking service.