A concessionaire is a person or company that is granted the right to operate a business within a specific venue or location, often under a contract. This arrangement allows the concessionaire to sell goods or services, such as food, beverages, or merchandise, in places like stadiums, theme parks, or museums. Typically, concessionaires pay a fee or a percentage of their sales to the venue owner in exchange for the opportunity to operate. This setup benefits both parties: the venue receives revenue, while the concessionaire gains access to a steady stream of potential customers.