Small event space for parties and meetings

Lease a small hall or storefront and rent it by the hour or day for birthdays, showers, workshops and meetings.

Startup cost$12k to $50k
Monthly revenue$2.5k to $12k
Time needed15+ h/week
First incomeMonths
  • $12k-50k
  • Part-time
  • Own premises
  • Licence or permit needed

Estimates for a small start in the US, not guarantees.

Official data

34,559 US businesses with employees in this field, -0.0% in a year

NAICS 531120 “Lessors of nonresidential buildings (except miniwarehouses)”. Source: U.S. Census Bureau, County Business Patterns 2023.

What it is

A leased room or small unit set up with tables, chairs, a sound system and basic kitchen access, rented out for private parties, meetings and celebrations. Guests usually bring or order in their own food and drink.

Your first three steps

  1. Look at local event spaces and community halls to compare prices, then scout vacant units or underused halls you could lease
  2. Ask your city or county planning office what zoning, occupancy and permits apply to a rented event space
  3. Create a simple booking page with photos, a rate sheet and a rental agreement, then ask local groups to book a first event
Who pays

Families planning birthdays, baby showers and graduations, plus community groups, clubs, local businesses and instructors running workshops.

How it makes money

Hourly or daily rental fees, with add-ons such as cleaning, setup, extra hours, equipment hire and a refundable damage deposit. Some venues also add a catering partner fee.

Skills that help
  • Taking bookings and managing a calendar
  • Friendly, calm customer service
  • Basic marketing and local networking
Watch out for
  • Zoning, certificate of occupancy and fire code limits on how many guests you can host, so check with your city or county
  • General liability insurance, and whether your landlord requires to be named on the policy
  • Alcohol rules: check your state's rules before allowing alcohol, and whether renters need their own permit or licensed bartender
  • Accessibility requirements such as ADA, and parking and noise rules that may affect neighbors
  • Lease terms: a long commitment with fixed rent while bookings can be seasonal

Deep research report · US

Everything you need to start: small event space for parties and meetings

Researched with live web search for United States: real startup prices, the licences and rules, what others charge, a break-even example, how to find your first customers and a 30-day launch plan. With sources.

  • Startup costs with real prices
  • Licences, registration and rules
  • Pricing: what others charge
  • Break-even example
  • Finding your first customers
  • 30-day launch plan
  • Risks and how to reduce them
Ready in about 2 minutes · one-off payment, tax included

See a full sample report

Questions people ask

How much does it cost to start a small event space?

Startup costs are typically estimated at around $12,000 to $50,000, depending on your lease deposit, furniture, sound system, kitchen access, and insurance. The lease is a long commitment with fixed rent, so check terms carefully.

How much can a small event space earn?

Monthly revenue is typically estimated at around $2,500 to $12,000, depending on your rates, how many bookings you get, and your location. Bookings can be seasonal while rent stays fixed.

What rules should I check before renting out an event space?

Check zoning, certificate of occupancy and fire code limits on guest numbers with your city or county. Also check liability insurance and landlord requirements, your state's alcohol rules, ADA accessibility, and parking and noise rules affecting neighbors.

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