Event Venue Sharing Business

Business Idea: Start An Event Venue Sharing Business in 2024

Updated: July 7th, 2024

Monthly Revenue
$50K
Market Size
$18.8B
Market Size

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.

Examples Of Successful Event Venue Sharing Businesses

Successful event venue sharing business businesses and case studies

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 8,861 founders