Many people wonder how much it costs to hire a valet parking company for an event, restaurant, or business. This article will break down for you a simple guide about valet parking prices including contracted valet parking services as well as one-time valet parking for hire.
The most common valet parking services are contracted out to companies on a monthly basis. Restaurants, clubs, and businesses pay anywhere from $1000/month up to $5000/month for valet services. Traditionally, the valet parking company will also keep valet parking tips, which generate a solid amount of income.
If you’re having a party or an event and you’d like to offer your guests valet parking for one night, the charge is usually around $500 per night. A full day of valet parking services may cost $1000 or more. This usually covers two valet runners and one valet key box concierge.
The main reason valet parking can be pricey is because valet companies are required to have valet parking insurance, which is usually a $1 Million policy to cover damages on even the most exotic cars such as Lamborghini, Porsche, and Bentley.