Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

Retro Fitness Franchise Opportunity

Rainbow Academy Franchise Opportunity

Bricks 4 Kidz Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Indoor / Outdoor Cinema Biz For Sale Near Lax
Location: United States -> California -> Southern California - Los Angeles Area -> Gardena
Industry: Entertainment and Leisure > Movie Theaters




Business Summary

Indoor walk-in cinema built in 1946 (max capacity 800) and operated by same operators since 1976. Now showing outdoor drive-in style cinema (max capacity 55 vehicles) during COVID-19 pandemic. Business includes use of indoor theater (approx. 12,000 sf and max capacity 800), all projection and snack bar equipment, parking lot (shared with other tenants), and ability to show outdoor movies projected on wall of theater (max capacity 60 vehicle during COVID-19). Parking lot is approx. 30,000 sf. and fenced in with motorized chain linked gate. Pre-COVID Lot is striped for 118 spaces, including 4 handicapped van accessible spaces. Property consists of two parcels totaling almost 1 acre on Crenshaw Blvd., located 15 minutes southeast of LAX (Los Angeles International Airport) and 1.0 mile south of SpaceX Headquarters and Tesla offices. Amazon has a distribution hub within 1.0 mile. Los Angeles So-Fi Stadium for NFL Rams and Chargers is a 15 minute drive. Also, lots of new apartment developments going up on Crenshaw Blvd. Owners are elderly and are willing to give right of first refusal with Lease. Property is located at 14948 Crenshaw Blvd., Gardena, CA 90249. Daughter is real estate broker and available at 213-839-0100 to answer any questions. Feel free to drive by to look or make an appointment for full access to the property.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $360,000
Cash Flow:   $200,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,000,000
Seller Financing:  No

About The Business

Year Established:  1946
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Retirement.




Print Listing Id: 700353621
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


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

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



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700353621
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.