The Basement East, L.P.

What The Basement East, L.P. does

The Basement East, L.P. is a privately held Nashville, Tennessee-based live music venue operator organized as a Tennessee limited partnership. Founded in April 2015 by co-owners Dave Brown and Mike Grimes, the company runs a portfolio of three connected Nashville venues: The Basement East, a 600-capacity flagship at 917 Woodland St nicknamed 'The Beast' that hosts nationally touring acts; The Basement (OG), the original 150-capacity club at 1604 8th Ave S that serves as an incubator for emerging artists; and Lowbar, a 300-capacity bar and private-events space beneath The Basement East featuring rotating local food trucks. The company rebuilt after the 2020 tornado and pandemic closures and continues to operate actively, with events booked into 2026.

The business operates an event-driven live entertainment model. Revenue is generated across four streams: ticket sales (via an exclusive TicketWeb platform plus a fee-free Tuesday–Thursday box office window), food and beverage (Lowbar food trucks and bar service), merchandise (Shopify storefront plus on-site sales), and venue rentals (Lowbar private/corporate events in off-peak months). Customer segments are split between concert-goers and a rotating roster of touring and local musicians. Production infrastructure is professional-grade — Allen & Heath dLive S3000 FOH console, Meyer Sound JM1P loudspeaker arrays, ChamSys MagicQ lighting control — positioning the venues to attract mid-tier national touring acts. Distribution is concentrated through TicketWeb, supplemented by a hospitality alliance network of four Nashville hotels and an exclusive Lyft rideshare partnership. The company is entirely founder-owned, with no institutional, private equity, or venture capital backing disclosed.

Name

The Basement East, L.P.

Legal name

The Basement East, L.P.

Website

https://thebasementnashville.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

The Basement East, L.P. is a privately held Nashville operator of three connected live music venues — The Basement East (600 capacity), The Basement OG (150), and Lowbar (300) — hosting touring and emerging artists and monetizing tickets, F&B, merch, and private events via TicketWeb.

Ownership category

akta.pro rank

Product category

Live Music Venue

NAICS

Drinking Places (Alcoholic Beverages) (722410), Theater Companies and Dinner Theaters (71111)

SIC

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

akta.pro primary industry

Music Venues & Venue Operators (Clubs, Theaters, Arenas) (MPAIAFAB)

akta.pro secondary industries

Live Music Clubs & Venues (MPAGAIAB), Event Operations & Venue Services (Box Office, FOH/BOH, Concessions) (MPAIAFAL)

Keywords

• Live music venue
• Concert ticketing
• Artist booking
• Venue rental
• Event production

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Ticket Sales: Primary revenue stream from concert and event tickets sold through TicketWeb exclusive platform and at the physical box office.
2. Food and Beverage Sales: Revenue from food trucks at Lowbar (rotating local vendors) and alcohol sales during events.
3. Venue Rental and Private Events: Rental of The Basement East for private and corporate events during slow months through Lowbar Rentals (300 capacity space).
4. Merchandise: On-site merchandise sales during events and via the Shopify storefront.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

The Basement East, L.P. operates a portfolio of three connected Nashville live music venues — The Basement East (600 capacity at 917 Woodland St), The Basement OG (150 capacity at 1604 8th Ave S), and Lowbar (300 capacity below The Basement East) — hosting live concerts from emerging local musicians to nationally touring acts, with on-site food and beverage service, merchandise sales, and private/corporate event rentals. Tickets are sold exclusively via TicketWeb and the physical box office, and the venues are equipped with professional Allen & Heath / Meyer Sound audio and ChamSys lighting production systems.

Product overview

The Basement East, L.P. operates a portfolio of three connected Nashville music venues: The Basement East (The Beast) is a 600-capacity venue at 917 Woodland St for nationally touring acts; The Basement (OG Basement) is a 150-capacity original venue at 1604 8th Ave S for emerging artists; and Lowbar is a 300-capacity bar/event space below The Basement East. The venues are exclusively Ticketed through TicketWeb and also offer merchandise sales via Shopify. Production services with professional audio/visual equipment are available. All venues are managed by co-owners Dave Brown and Mike Grimes, with The Basement East recovering and rebuilding after the 2020 tornado and pandemic.

Differentiator

Problem solved

Functional benefit

Products and services

• The Basement East (The Beast) — Live Concert Venue 600-capacity live music venue at 917 Woodland St, Nashville, hosting nationally touring acts (Kris Kristofferson, John Prine, Beck, Luke Combs, Brandi Carlile, Cage the Elephant) and local Nashville artists. Predominantly standing-room with limited table seating, ADA accessible, equipped with Allen & Heath / Meyer Sound audio and ChamSys / Chauvet lighting production.
• The Basement (OG Basement) — Live Concert Venue 150-capacity original club venue located at 1604 8th Ave S, Ste 330 (behind Grimey's Too). Serves as the smaller stepping-stone room for emerging local Nashville artists before they graduate to The Basement East.
• Lowbar — Bar and Private Event Space 300-capacity bar and event space located directly below The Basement East at 917 Woodland St. Features rotating food trucks outside and is available for private and corporate events during slower months.
• Lowbar Private/Corporate Event Rentals Rental of the 300-capacity Lowbar space for private and corporate events during slow months, with inquiries handled through General Manager Phil Simpson and Bar & Event Manager Alex McMillan.
• VIP Meet-and-Greet Packages VIP packages for select shows including soundcheck access, photo opportunities, exclusive merchandise, and early entry; sold via TicketWeb.
• Basement Merchandise (via Shopify) Official merchandise sold during events and via the Shopify storefront at the-basement-nashville-us.myshopify.com, including band merchandise and venue-branded items.
• Food and Beverage Service On-site alcohol service during events at The Basement East and rotating local food trucks operated outside Lowbar. Online food ordering integrated via Toasttab.

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Waymore's Guest House and Casual ClubminorOthersHotel partnership offering 20% discount to artists and patrons with code MUSIC. Located in Nashville.
• The EighteenminorOthersHotel partnership offering 15% discount with code BASEEASTPARTNER for visitors to The Basement East.
• The Russell HotelminorOthersHotel located one block from The Basement East offering 10% off Sunday-Thursday with code BASEMENT10.
• The Gallatin HotelminorOthersHotel located 5 minutes from venue at 2510 Gallatin Ave offering 10% off with code BASEMENT10.
• LyftminorGTM or Marketing PartnerExclusive ridesharing partner. New users can get free ride credit up to $50 with promo code 'thebasement'. Both venues have Lyft pickup/dropoff.
• Lowbar/Food TruckscoreOthersRotating local food trucks available outside Lowbar directly below The Basement East. Also available during private events at Lowbar Rentals (300 capacity).
• TicketWebcoreChannel Partner/ Reseller/ DistributorExclusive ticketing platform partner. The venue is a TicketWeb exclusive venue and does not accept tickets from third-party resellers such as StubHub or Vivid Seats.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• The Bluebird Cafe: Iconic Nashville listening-room venue specializing in singer-songwriter programming, drawing the same local and touring artist pool and offering a comparable intimate-capacity experience to The OG Basement.
• The Station Inn: Legendary Nashville bluegrass and Americana listening room of comparable intimate capacity, drawing from the same pool of Nashville-based touring artists and music-tourism patrons.
• Exit/In: Long-running Nashville indie/rock club of similar capacity, directly competing for the same touring-indie booking slots and drawing from an overlapping patron base in the Nashville live music scene.
• The High Watt: Nashville live music venue operated alongside Mercy Lounge and Cannery Ballroom, presenting emerging and touring acts at comparable capacity, directly overlapping The Basement East's artist programming slot.
• City Winery Nashville: Dinner-and-music Nashville venue part of the City Winery chain, programming singer-songwriter and touring acts in a comparable seated-capacity format against The Basement East's calendar.
• The Ryman Auditorium: Nashville's flagship live music venue and 'Mother Church' of country music; while much larger, it competes for the same marquee-tour stop in the artist routing calendar and shares Nashville as its sole market.
• Cannery Ballroom: Sister venue to Mercy Lounge in Nashville's Cannery Row, presenting touring indie and Americana acts at comparable capacity with a parallel production-led positioning.
• Mercy Lounge: Nashville mid-size live music venue and bar at comparable capacity, run by the same operator as Cannery Ballroom, competing head-to-head for the same emerging-artist and local-act programming slot.
• 3rd & Lindsley: Nashville seated/standing live music venue hosting touring national acts and local artists, comparable in scale and programming mix to the Basement East's flagship 600-cap room.
• Brooklyn Bowl Nashville: Nashville music venue / bowling hybrid operating at similar capacity in the same city, competing for the same touring-act bookings and patron dollars on comparable show nights.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/basementeast
• Facebookfacebook.com/thebasementeast
• Instagraminstagram.com/thebasementeast
• LinkedInlinkedin.com/company/the-basement-east-l.p.

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries2 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 The Basement East, L.P.