i started a DJ biz a few years ago with my friend. And thats about right for weddings and proms. some would be $600 some would be $3000. We would bring almost $1500 in free giveaways though. Plus we didnt specialize in weddings so you have tux rental too.
i sold it last year though.
Just make sure you see videos or something to see what his MC skills are like, and make sure you like his persoality.