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Businesses For Sale   >>   Movie Theaters Businesses For Sale

Movie Theatre With Real Estate

Location  North Carolina,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $466770
Net Profit / Cash Flow  $150000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1900
Number of Employees  > 200
Inventory  171967
Relocatable  No
Number of Employees  > 200
Real Estate  Owned
Training  Seller will negotiate training
Reason for Sale  Retirement

Description  
The Theatre is very well establish, and has undergone several makeovers with the most recent one being in 2013 where two of the four screens projector systems were replaced with new state of the art Digital NEC projectors, and upgraded to 5.1 sound systems. At the same time new designer rocker seats were added in two of the largest screening rooms, as well as newly refinished hardwood floors. In addition a new POS system was added in 2010, which takes credit and debit cards. In 2013 the Theatre seated over 66,000 movie goers. SBA lender has reviewed the business information and is open to working with a qualified candidate toward the purchase of this business. Sale price includes the real estate valued at $425,000 as well as $171,000 of Furniture, Fixtures & Equipment. Contact Tom Guertin for additional information on this great opportunity.


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