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Web do event venues make money? Wedding venues must abide by local laws. Web the average wedding costs $30,000, with venues averaging $11,200. Web however, on average, successful wedding venues bring in $700,000 per year and have a profit margin of 20%. Most venue owners reinvest a large percentage of profit each year.
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Web the average wedding costs $30,000, with venues averaging $11,200. Web however, on average, successful wedding venues bring in $700,000 per year and have a profit margin of 20%. Wedding venues must abide by local laws. Most venue owners reinvest a large percentage of profit each year. The short answer to this is yes, absolutely, as long as they are.
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