Venu Holding Corp (NYSE American: VENU) is a live entertainment and hospitality company that owns and operates a portfolio of music venues and food and beverage properties. Revenue comes from three streams: event center ticket and fee sales, restaurant and food and beverage sales, and rental and sponsorship fees, as disclosed in the FY2025 10-K filed March 31, 2026. The company operates two venue formats: Bourbon Brothers Presents music halls accommodating up to approximately 1,400 guests, and outdoor amphitheaters accommodating between 8,000 and 20,000 concertgoers. Its first amphitheater, Ford Amphitheater in Colorado Springs, Colorado, is an open-air 8,000-person venue. Additional amphitheaters under development as of the FY2025 filing include The Sunset BA in Broken Arrow, Oklahoma, The Sunset McKinney in McKinney, Texas, and The Sunset El Paso in El Paso, Texas. Aramark Sports + Entertainment holds contracts for food and beverage concessions, retail, and facilities management across three flagship amphitheaters. The company reported net losses in both FY2025 and FY2024 and carries construction debt including a $6.0 million construction loan with Pueblo Bank & Trust at 8.50% interest maturing March 2031.
- Revenue model
- Transactional and rental model with three disclosed revenue lines: event center ticket and fees, restaurant and food and beverage sales, and rental and sponsorship fees. The company also generates ancillary income from premium seat packages and luxury suite offerings at amphitheater venues.
- Products and services
- Bourbon Brothers Presents indoor music halls (up to approximately 1,400 guests) hosting national-touring artists, tribute bands, dueling pianos, corporate functions, and weddings. Ford Amphitheater open-air amphitheater (8,000 persons) in Colorado Springs, Colorado, featuring lawn seating, stadium seating, and Luxe FireSuites. Fine-dining restaurant Roth's Sea and Steak and bar and lounge Brohan's, opened November 8, 2025, in Colorado Springs, Colorado. Amphitheaters under development as of FY2025: The Sunset BA (Broken Arrow, Oklahoma), The Sunset McKinney (McKinney, Texas), The Sunset El Paso (El Paso, Texas).
- Customers and end markets
- General admission concertgoers, premium and VIP suite guests, corporate event clients, and wedding parties. End markets include live music and entertainment, corporate hospitality, and fine dining. Aramark Sports + Entertainment serves as the contracted operator for concessions, retail, and facilities management across three venues as of June 2025.
- Value-chain role
- Venue owner-operator that develops, owns, and manages live entertainment venues and adjacent food and beverage properties. The company books national-touring artists, stages events, and contracts third-party operators such as Aramark for concessions and facilities services.
- Geographic exposure
- Operations concentrated in Colorado Springs, Colorado (Ford Amphitheater, Roth's Sea and Steak, Brohan's) with amphitheaters under development in Broken Arrow, Oklahoma, McKinney, Texas, and El Paso, Texas, as of the FY2025 10-K filed March 31, 2026.
Source: SEC 10-K, filed 2026-03-31
Industry:
Services-Amusement & Recreation Services