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Gold marks the spot. Scroll Till You Find it. Where
the chart lines up with Gold is the place to start for
pricing your equipment.
This calculator helps you understand how many days and at what price you must rent your equipment in order to
stay competitive in your market while making a profit on top of your initial investment during your break
even period.
You could rent your equipment out at the cheapest rate without any profit in order to recover your initial investment,
or you can create a plan that over - for example - 2 years that you want to break even, you also want to profit 200%
for that piece of equipment, while staying competitive.
If you price below the Gold, then you can undercut your competitor's average pricing. This might impact how long it
takes to hit your profitability goal, but you can ensure you are at least staying above what you need to price your
equipment at in order to stay on course to break even during your Break Even Goal time period.
Quipli Free
TAKE Template Courtesy of ONLINE
YOUR BUSINESS https://www.quipli.com
WITH Quipli's RENTAL SOFTWARE
Manange your rentals, reservations, inventory and website all from one platform.
Day, Weekly or Monthly Utilization Day My Competitors rent their equipment for $400, $405, $410 per Per Day
5, $410 per Per Day Once you've reached your Break-Even Goal - your initial
investment has been realized, and besides on-going
maintenace costs, you are renting equipment purely for
profit.
Quipli
TAKE YOUR BUSINESS ONLINE
Free Template Courtesy of https://www.quipli.com Manange your rentals, reservations
Calculator
Original Product Cost $18,000
# of Equipment
Information Sheet 1
(Maintenance, etc) $2,000
Rental Price $700
Annual Profitability
Years After Break Even Total Post-Break Even Profit
1 $47,000
2 $96,000
3 $145,000
4 $194,000
5 $243,000
6 $292,000
7 $341,000
8 $390,000
9 $439,000
10 $488,000
ps://www.quipli.com
NLINE WITH Quipli's RENTAL SOFTWARE
tions, inventory and website all from one platform.
Instruction
ty
Total ROI with Profit from Break Even Period
$74,000
$123,000
$172,000
$221,000
$270,000
$319,000
$368,000
$417,000
$466,000
$515,000