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Classic Art Deco Theatre
Location: United States -> Colorado -> Lamar Co
Industry: Entertainment and Leisure > Movie Theaters




Business Summary

This historic Colorado Theatre is architecturally unique with fantastic floral mural work, a pastel color scheme, curved edges and corners, chrome, mirrors, glass blocks, terrazzo flooring, indirect cove lighting, neon, colored floodlights, and a large stylistic marquee. The theatre is in great condition and is located in a ''closed market.'' The nearest first run multiscreen competition is 100+ miles. The Theatre is an all cash business with high margins and provides a presold product. Because of its unique location, the labor, advertising, and film rental costs are low. In addition, it is highly profitable and has a loyal customer base. This is a great business for a family and don't forget ''there's no business like show business.''

The Theatre has fully automated digital projection and sound. The equipment includes a Barco DP2K 23B digital projector, Dolby IMS3000 server, Dolby CP950 sound processor, Kelmar lighting control system, E.V. stage speakers, JBL surround speakers, and QSC DCA 1644 amps. The Theatre has had many updates including: digital projection & sound, central heat & air, marquee renovation, poster holders, seats, cupholders, screen, ticket booth, and multiple lighting renovations. Must see to fully appreciate. Visit our web site at lamartheatrebeautiful.com for more pictures and to learn about the history of this truly special Theatre. Owner will train. Asking $295,000, OBO. Email or call 719-691-1263


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $247,000
Cash Flow:   $97,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $3,000
Seller Financing:  No

About The Business

Year Established:  1946
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Retire




Print Listing Id: 700379124
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



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