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Karaoke Machines business.
Everybody deserves their 15 minutes of fame, and becoming a singing sensation with the assistance of a karaoke machine allows anyone to achieve momentary stardom. Karaoke machines can be rented to nightclubs, the general public, aspiring singers, disc jockey services, and event and wedding planners.
start-up costs: Good quality karaoke machines retail for about $2,000. Additionally, you will have to build a music library consisting of a wide selection of rock, blues, country and western, and contemporary music. In total an investment of $3,000 will be required.
profit potential: Karaoke machines rent for $100 to $150 per day. Additional revenue can be generated if you have the ability to act as an event host or emcee. This extra source of income can be as high as $150 per event that you host. Part-time potential profit range is $10,000 to $12,000 per year and can be attained with a little bit of clever marketing and shameless promotion.