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Profitable Well-Run Multiplex Movie Theater
Location: United States -> New York -> New York City Area -> Suffolk County
Industry: Entertainment and Leisure > Movie Theaters




Business Summary

Turn Key Operation!

Established movie theater with excellent parking, visibility, and access. Sales are stable and GROWING. This 15,000 sq. ft. theater has 1000 seats and is completely updated with automated fully digital screens. It is the anchor of a shopping center that will be completely renovated in the Spring. There is no competition for a 18 mile radius. With a large base of regular visitors, strong ties to schools, camps, and local businesses, it is a year round money maker. There is over 20 years remaining on the lease.

We are seeking serious and qualified buyers only, please be able to provide Proof of Funds to receive details of the business. This unique opportunity will not last long.

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Featuring all brand new digital projectors, screens, and 3D projection that is fully automated. Seats, and concession equipment are all new within the past 5 years and are excellently maintained. There are over 20 years are remaining on the lease.

Competition:
The theater is located in a highly dense residential area, there are no movie theaters or any type of competition in a 15 mile radius.

Growth & Expansion:
HUGE GROWTH POTENTIAL: The shopping center will be BRAND NEW in the spring of 2015 with the theater as the anchor store. An additional 5000 feet of expansion room is included for an additional 2 screens with 250 more seats and a sit down food court to be completed in 2015. Sales will double.

Support & Training:
Seller will completely train. Theater is currently run absentee by a qualified staff. Easy and fun business to run!

Price is 1,800,000. Call 516-983-3474.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,200,000
Cash Flow:   $400,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $900,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1990
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Owner will provide training
Reason For Selling:  Retiring

Photos

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Profitable Well-Run Multiplex Movie Theater Photo 1




Print Listing Id: 700232121
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

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