8 Event Venue Operator Business Success Stories [2024]

Updated: November 19th, 2023
Start An Event Venue Operator Business

Here are some real life success stories of starting a event venue operator business:

1. Tower Electric Bikes ($3.6M/year)

Stephan Aarstol, the CEO of Tower Electric Bikes, came up with the idea for his business while observing the growing trend of electric powered vehicles on the beach boardwalk. He saw the potential of electric bikes as the perfect form of transportation and recognized the fragmented market of ill-conceived products and brands. With his experience in the paddleboard industry, Aarstol aimed to create a high-quality, low-cost eBike brand that would fill the void in the market, ultimately building the world's first famous eBike brand.

How much they make: $3.6M/year
How much did it cost to start: $30K
Current team size: 6

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How I Partnered With Mark Cuban To Start A $250K/Month Company Selling eBikes

Tower Electric Bikes is a direct-to-consumer eBike brand co-founded by Stephan Aarstol and Mark Cuban, which has done over $36 million in sales since its $150,000 investment in 2012, and produced and sold everything from paddleboards to electric bikes for half the retail price, with the aim of creating the world's first famous eBike brand.

About
Stephan started Tower Electric Bikes almost 14 years ago
Revenue
Stephan grew the business to $300K/month
Costs
It cost Stephan $30000 to start the business
Read by 25,785 founders

2. getcanaryapp.com ($300K/year)

How much they make: $300K/year
Current team size:

Quitting a $130,000 Job to Build an App for Musicians

How Nick turned his idea into a growing application that connects bars with musicians, leaving his high-paying corporate job and raising $150k in funding through cold-calls.

Revenue
They grew the business to $25K/month
Read by 383 founders

So... can you actually make money with a event venue operator business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

5. Merivale

Website traffic: 270K/month

article

So... can you actually make money with a event venue operator business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. Tower Electric Bikes

Best electric bikes for sale by Tower, the direct to consumer brand of ebikes that are twice as nice as cheap electric bikes and half the price of e-bikes sold at retail.

How much they make: $3.6M/year
Where they're located: San Diego, California, USA
How much did it cost to start: $30K
Current team size: 6

How I Partnered With Mark Cuban To Start A $250K/Month Company Selling eBikes

Tower Electric Bikes is a direct-to-consumer eBike brand co-founded by Stephan Aarstol and Mark Cuban, which has done over $36 million in sales since its $150,000 investment in 2012, and produced and sold everything from paddleboards to electric bikes for half the retail price, with the aim of creating the world's first famous eBike brand.

About
Stephan started Tower Electric Bikes almost 14 years ago
Revenue
Stephan grew the business to $300K/month
Costs
It cost Stephan $30000 to start the business
Read by 25,785 founders

8. Troubadour

Named one of the best rock clubs by Rolling Stone and located in West Hollywood, CA, the legendary Troubadour is an all ages venue and premier music destination for established and rising artists.

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