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Businesses For Sale   >>   Movie Theaters Businesses For Sale

Well Run, Profitable 4 - Plex Movie Theatre

Location  Colorado,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $658000
Net Profit / Cash Flow  $126909
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1921
Number of Employees  6 - 9
Inventory  205000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Owned
Training  Seller will provide training and knowledge in all areas of operations of the business and will assist in the transition to the new owner.
Reason for Sale  Semi-retirement.

Description  
A well established 4-Plex, seating capacity 600, located in the prime block of the business district. A major renovation was done in 2003, including the addition of two screens, new seats in all auditoriums, and various upgrades throughout. In 2012, all four screen projector systems were upgraded with state of the art digital NEC projectors, GDC servers, and 5.1 surround sound systems. This theatre is truly a turnkey business that enjoys a very stable local economy and patron count. The building is available for $675,000 or may be leased by the new owner/operator with an option to purchase at a later date. If the real estate is purchased, it will include an additional 4,000 square-foot retail space that generates $18,500 per year with a long-term tenant lease. Financing: Cash sale for business. Real Estate: Seller will lease, offer a cash sale or entertain offers of varying financial structures. NDA, proof of funds, and/or bank letter of approval are required for financials and negotiations.


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