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A €400,000 Dance Studio Space used 100 times per year costs approximately €220 per use once you account for depreciation and maintenance over its 25-year lifespan. Renting costs €125/day.
Cost per use (own)
~€220
At 100 uses/year
Cost per use (rent)
€125
Daily rental rate
Savings per use
€€95 cheaper to rent
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