Well Run, Profitable 4 - Plex Movie Theatre


Listing ID: 700220902

Listing Title: Well Run, Profitable 4 - Plex Movie Theatre

Quick Link: http://www.globalbx.com/listing.asp?bId=220902

Industry: Entertainment and Leisure

Industry Segment: Movie Theaters

Country: United States

State / Province: Colorado



Asking Price Range: $500K - $1.0M

Gross Revenues: $658,000

Cash Flow: $126,909

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1921

Number of Employees: 6 - 9

Business Description:
A well established 4-Plex, seating capacity 600, located in the prime block of the business district. A major renovation was done in 2003, including the addition of two screens, new seats in all auditoriums, and various upgrades throughout. In 2012, all four screen projector systems were upgraded with state of the art digital NEC projectors, GDC servers, and 5.1 surround sound systems. This theatre is truly a turnkey business that enjoys a very stable local economy and patron count. The building is available for $675,000 or may be leased by the new owner/operator with an option to purchase at a later date. If the real estate is purchased, it will include an additional 4,000 square-foot retail space that generates $18,500 per year with a long-term tenant lease. Financing: Cash sale for business. Real Estate: Seller will lease, offer a cash sale or entertain offers of varying financial structures. NDA, proof of funds, and/or bank letter of approval are required for financials and negotiations.

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