Four Screen Movie Theater For Sale
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $50000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 6 - 9
Inventory 300000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training Available.
Reason for Sale Lack of assets for needed renovations.
Description Four screen movie theater in Southern New Jersey for sale. Currently operating as a second-run discount house, but first-run status can be achieved with a number of distributors for those willing to negotiate with the studios. Building is leased, current rent is $4,200.00/mo., but all equipment (including projectors, screens, and seats) is owned and included in the sale.
Operation has great potential, but I lack the ready assets to make the renovations needed to fulfill that potential. One of the auditoria has a stage, and has served as a popular venue for live music shows. One screen has a new state-of-the-art digital sound system ready to be installed. One auditorium has a brand-new air conditioner unit installed this summer. Projectors maintained by our staff projectionist, who sees them as a labor of love.
Willing to work with buyer for transitional period to acquaint them with the business, establish relationships with studios, and get them set up with vendors.
If you've ever dreamed about owning and running a movie theater, this is your chance. Looking for $200-250K. Email or call (856)794-3893 for more information on this Movie Theater business for sale.
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