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Well Run, Profitable 4 - Plex Movie Theatre
Location: United States -> Colorado
Industry: Entertainment and Leisure > Movie Theaters




Business Summary

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.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $658,000
Cash Flow:   $126,909
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $205,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1921
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will provide training and knowledge in all areas of operations of the business and will assist in the transition to the new owner.
Reason For Selling:  Semi-retirement.




Print Listing Id: 700220902
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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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