Business Idea: Start An Event Venue Sharing Business in 2024

Pat Walls

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Updated: July 7th, 2024

Monthly Revenue

$50K

Market Size

$18.8B

Market Size

$18.8B

Avg Days To Build

125 days

Market Size

$18.8B

Avg Days To Build

125 days

Struggling to find a unique and profitable business idea? Consider an event venue sharing business. This concept is straightforward: provide a platform where owners of various event spaces—from lofts to vineyards—can list and rent out their venues to those planning events.

Unlike buying or long-term leasing, this model offers flexibility for both venue owners and event planners. Venue owners can earn extra income during idle times, while planners get access to diverse locations. It’s about connecting the right people at the right time.

If you're intrigued by real estate or enjoy making connections, this might be the perfect venture. Not only do you help create memorable experiences by providing the ideal spaces, but you also leverage your skills in managing logistics and relationships. This avenue offers a scalable and versatile way to start a business with relatively low initial investment.

Startup Costs

How much does it cost to start an event venue sharing business?

It can cost as low as $10,000 to start an event venue sharing business.
It can cost as high as $200,000 to start an event venue sharing business.

Learn more about the costs of an event venue sharing business.

Successful event venue sharing business businesses and case studies

My Event Production Company Brings In $50K/Mo

Case study about the growth of an event production company in London that started in 1997, now making $50K monthly and aiming to reach $90K by offering event equipment and services such as LED video walls, sound systems, and lighting hire, serving corporate events and focusing on exhibitions for revenue growth.

$50K Monthly Revenue

$1K Startup Costs

Read by 481 founders

How We Successfully Pivoted Our App For Coworking Spaces To A $50K/Month Platform To Book Event Venues

Spacehuntr achieved a +700% growth in 2019 with revenues, despite the global pandemic, on track to match that growth in 2020, by launching a 360° platform for businesses to book and manage unique Work, Play & Stay spaces, catering to international corporations such as Airbnb, Netflix, and Uber.

$50K Monthly Revenue

$10K Startup Costs

Read by 8,905 founders