16 On Center

Name

16 On Center

Legal name

16 On Center LLC

Website

https://16oncenterchicago.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

501–1,000 employees

Short description

16 On Center is a Chicago-based hospitality group operating 19 distinct concepts across the city — concert venues (Empty Bottle, Thalia Hall, The Salt Shed), cocktail bars, restaurants including Michelin-starred Longman & Eagle, food halls, a dance club, an arcade tavern, and an inn — with expansion into New York and Evanston, serving both neighborhood consumers and private event clients.

Ownership category

akta.pro rank

Product category

Hospitality and Live Entertainment Services

NAICS

Drinking Places (Alcoholic Beverages) (7224), Restaurants and Other Eating Places (72251), Amusement Parks and Arcades (7131)

SIC

Retail-Eating & Drinking Places (5810), Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Nightclub & Small Live Venue Operations (Clubs, Bars with Stages) (MPAGALAF)

akta.pro secondary industries

Neighborhood Bars & Taverns (CRANACAA), Nightclubs & Dance Clubs (THAFAEAC), Hotel Bars & Rooftop Bars (CRANACAL)

Keywords

• Hospitality venue management
• Restaurant and bar operations
• Live music venue
• Food and beverage service
• Private event hosting

Headquarters

HQ city

Chicago Park

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Food and Beverage Sales: Revenue from food and beverage operations across restaurants, bars, and cocktail venues within their portfolio of concepts.
2. Live Entertainment and Ticketing: Revenue from ticketed live music events at venues such as Thalia Hall, The Salt Shed, Empty Bottle, and SPACE.
3. Private Event Rentals: Revenue from booking private events at venues including Thalia Hall, The Salt Shed, and restaurant spaces.
4. Sponsorship: Revenue from brand sponsorships, as evidenced by a dedicated sponsorship page on their website.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

16 On Center is a Chicago-based hospitality group that operates a portfolio of restaurants, bars, music venues, and food halls across Chicago neighborhoods and New York City. The company owns and operates 19 distinct concepts including concert venues (Empty Bottle, Thalia Hall, The Salt Shed, SPACE), cocktail bars (Punch House, MONEYGUN, Snorkelbox, SUNNYGUN, Tack Room, Three Top Lounge), restaurants (All Well, Longman & Eagle, Pizza Friendly Pizza, Good Ambler, Mariscos San Pedro), food halls (From Here On, Olly Olly Market), a dance club (Beauty Bar), and an arcade tavern (Elston Electric). It provides shared services across its hospitality concepts including private event bookings, ticketed live entertainment, and brand sponsorship activations.

Product overview

16 On Center is a Chicago-based hospitality group operating a portfolio of 19 distinct venues including concert venues (Empty Bottle, Thalia Hall, The Salt Shed, SPACE), cocktail bars (Punch House, MONEYGUN, Snorkelbox, SUNNYGUN, Tack Room, Three Top Lounge), restaurants (All Well, Pizza Friendly Pizza, Good Ambler, Longman & Eagle, Mariscos San Pedro), a food hall (From Here On), an arcade tavern (Elston Electric), a dance club (Beauty Bar), and overnight inn accommodations (Longman & Eagle). The company serves as both a live music presenter and a diversified hospitality operator, creating neighborhood-focused dining and entertainment experiences across Chicago and New York.

Differentiator

Problem solved

Functional benefit

Products and services

• Empty Bottle Legendary concert venue and dive bar in Chicago's Ukrainian Village, known for live music performances and a low-key atmosphere with affordable drinks.
• Thalia Hall Historic performance venue in Pilsen with an opulent upstairs theater and multiple attached bars including Punch House and Tack Room.
• The Salt Shed

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Chicago Independent Venue LeaguecoreOthersThe Chicago Independent Venue League (CIVL) is an advocacy group for independent live entertainment venues in Chicago. 16 On Center operates multiple music venues (Thalia Hall, Empty Bottle, The Salt Shed, SPACE) that would be impacted by CIVL's advocacy efforts for tax credits, grants, and workforce development support for the live entertainment sector.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• EMM Group: NYC hospitality group operating a portfolio of restaurants, cocktail bars, and nightlife venues. Comparable in multi-venue cocktail-bar + restaurant strategy and event-driven GTM in a major US market.
• Tao Group Hospitality: Multi-concept hospitality operator spanning restaurants, nightlife venues, lounges, and event spaces across NYC, Las Vegas, and other markets. Closely comparable in nightlife/cocktail-bar + restaurant mix and event-driven revenue model.
• Ace Hotel Group: Boutique hotel group with integrated restaurants, bars, and live music programming in each property. Comparable as a multi-concept cultural hospitality brand combining lodging/F&B/nightlife/music under a unified design-forward identity.
• Gerber Group: Hospitality group operating hotel bars, restaurants, and cocktail venues (The Lambs Club, Mr. Purple, etc.). Comparable in cocktail-bar focus and multi-venue management with shared brand identity across formats.
• Lettuce Entertain You Enterprises: Chicago-headquartered multi-concept restaurant and hospitality group operating dozens of distinct restaurant brands. Directly comparable in scale (~80+ concepts), multi-format portfolio strategy, and Chicago base of operations.
• Boka Restaurant Group: Chicago-based fine-dining and hospitality group (Boka, Girl & The Goat, Momotaro, etc.). Directly comparable as a Chicago-rooted multi-concept operator with award-winning venues spanning fine dining and casual formats.
• House of Blues (Live Nation): National chain of music venues combined with restaurants and bars. Directly comparable as a music venue + F&B operator; serves as the scaled incumbent against which independent operators like 16 On Center compete for artist bookings and audiences.
• Strategic Hospitality: Nashville-based hospitality group operating restaurants, bars, music venues, and event spaces (including The Sutler, Acme Feed & Seed, etc.). Highly comparable multi-format model with strong music-venue integration and shared operational platform.

Emerging players

• Time Out Market: Curated food hall operator combining multiple chef-driven restaurant concepts under one roof. Comparable to the From Here On Food Hall and Olly Olly Market food-hall components of 16 On Center's portfolio.

Broad incumbents

• Live Nation Entertainment: Largest global live entertainment company operating venues, promoting tours, and managing artist relationships. Comparable on the concert-venue / ticketed-live-entertainment side; relevant competitive context for booking and touring economics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/16occhicago
• Facebookfacebook.com/16oncenterchicago
• LinkedInlinkedin.com/company/16oncenterchicago

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 16 On Center