55-seat black box live theatre for sale in the heart of Hollywood CA. With plenty of free parking. Newly renovated, with great lighting, sound system and projection. The theater has comfortable seating with a very warm feel to it. It has been established for 10 years and over 300 plays to it's resume. Great opportunity for someone to take over and establish: acting classes, improv theater, a brand new straight theater, musical theater, burlesques shows, casting workshops, film events and so on. 1, the amount of time left in your lease and your monthly rent amount. 2 years plus a 5 year option. 2. The transferability of that lease to another party. I don't see a problem with that as long as the credit is good. 3. The value of the stage equipment $15,000. 4. The value of the seats movie theater style seats - $7,500. 5. The value of office equipment such as fax and copy machines $1,000. 6. The current state of parking plenty of free parking on both levels and after 9pm we basically have the shopping plaza to ourselves. 7. The value of your prop inventory $3,500. 8. The value of your gel inventory $400. 9. The value of sound equipment $5,000. 10. The value of good will Asking for $59,000 Email or call David at 323-428-9734 for more information on this theatre for sale.