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.
Click Here To Contact Seller
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