Transaction Underscores the Strength of VENU’s Disciplined, Scalable Growth Model
Venu Holding Corporation ("VENU" or the "Company") (NYSE American: VENU), the visionary owner, operator and builder of upscale live music venues and premium hospitality destinations, announced today it has officially closed on the sale-leaseback of its parking property in Colorado Springs, CO. The property sold for $14 million resulting in a $6.2 million development profit.
Referenced in a previous release [link], the 5.5-acre property is home to the primary parking structure that supports operations of the Pollstar-nominated Ford Amphitheater.
Under the terms of the sale-leaseback agreement, VENU negotiated a one-time right to repurchase the property within the first three years at a fixed price which would return the asset to its balance sheet. Regardless, the property remains under the full operational control of VENU.
“Our business model has always been designed to give us the option to unlock and monetize our real estate and this transaction proves that model works,” said J.W. Roth, Founder, Chairman, and CEO of VENU. “But we are not in the business of short-term wins, we are intentional about when and how we do it. In this case, we achieved a development profit, retained operational control that will maintain a revenue stream, and preserved the opportunity to buy the property back should we choose to do so. This transaction checks every box.”
VENU’s unique growth and financing model blends take a disciplined approach to leveraging fractional ownerships through signature Luxe FireSuites, public–private collaboration, and strategic sale–leasebacks to scale efficiently. It’s a growth strategy built to transform live entertainment and deliver lasting returns.
About Venu Holding Corporation
Venu Holding Corporation ("VENU") (NYSE American: VENU), is a premier owner, developer, and operator of luxury, experience-driven entertainment destinations. Founded by Colorado Springs entrepreneur J.W. Roth, VENU has a portfolio of premium brands that includes Ford Amphitheater, Sunset Amphitheaters, Phil Long Music Hall, The Hall at Bourbon Brothers, Bourbon Brothers Smokehouse and Tavern, Aikman Owners Clubs, and Roth’s Sea & Steak. With venues operating and in development across Colorado, Georgia, Oklahoma, and Texas and a nationwide expansion underway, VENU is setting a new standard for live entertainment.
VENU has been recognized nationally by The Wall Street Journal, The New York Times, Billboard, VenuesNow, and Variety for its innovative and disruptive approach to live entertainment. Through strategic partnerships with industry leaders such as AEG Presents, NFL Hall of Famer and Founder of EIGHT Elite Light Beer, Troy Aikman, Aramark Sports + Entertainment, Tixr, and Dierks Bentley. VENU continues to shape the future of the entertainment landscape. For more information, visit VENU’s website, Instagram, LinkedIn, or X.
Forward Looking Statements
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While Venu believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the company’s filings with the SEC, not limited to Risk Factors relating to its business contained therein. Thus, actual results could be materially different. Venu expressly disclaims any obligation to update or alter statements whether because of new information, future events or otherwise, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251106926048/en/
Contacts
VENU Media and Investor Relations
Chloe Polhamus, cpolhamus@venu.live
