Personal Concierge Service

undefined

Startup Cost
$3,000-$15,000
Difficulty
Beginner
Time to Profit
4-8 months
Profit Potential
$50,000-$240,000/year

Overview

Personal concierge services handle errands, tasks, and lifestyle management for busy professionals and affluent individuals.

With time scarcity increasing and concierge services a $1B+ market, concierges generate revenue of $75,000-$280,000 with 60-75% margins.

The business requires minimal startup, phone/computer, vehicle, task management software, and liability insurance.

Services include errand running, appointment scheduling, travel planning, event coordination, personal shopping, and household management.

Pricing typically $35-$75 per hour or monthly retainers $500-$3,000.

Success factors include reliability and trustworthiness, building affluent client base, offering white-glove service, handling confidential matters discreetly, and targeting busy executives and wealthy individuals.

Most concierges build retainer clients.

Marketing focuses on luxury neighborhoods, corporate executives, and word-of-mouth.

With time the ultimate luxury in 2025, personal concierges offer assistance opportunities.

Required Skills

  • Time management
  • Task coordination
  • Discretion and confidentiality
  • Problem solving
  • Service orientation
  • Vendor relationships

Pros and Cons

Pros

  • Low startup costs
  • High margins
  • Flexible work
  • Affluent clients
  • Diverse daily tasks

Cons

  • Building trust takes time
  • Irregular hours
  • Client demands
  • Liability concerns
  • Competitive market

How to Get Started

  1. Define service offerings
  2. Set up systems
  3. Build vendor network
  4. Target affluent areas
  5. Demonstrate reliability
  6. Offer trial services
  7. Focus on discretion

Explore More Lifestyle & Concierge Ideas

Discover additional business opportunities in this category.

View All Lifestyle & Concierge Ideas →