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Business for Sale Summary [Non-Confidential]

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Queens County, NY

Business Type: seller financing available,special situations,best deals!,absentee business,new to market,retailing businesses,amusement parks/arcades/recreation,entertainment,restaurant/ cafes,misc. retail/non-classifiable,services businesses,catering and event planning,motion pictures

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Non-Confidencial Financial Infomation

  • Asking Price

    $995,000.00

  • Gross Revenues

    $1,593,736.00

  • Financing

    $ 600,000.00 Down and $395,000 @ 7% over 4 years

  • Owner's Cash Flow

    $352,889.00

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Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

This popular and unique movie theatre is located close to Long Island, Queens and NYC. This multiplex has several screens with digital sound and also shows 3D movies. It has been established for almost 40 years and includes a long 20 year lease. It is in large shopping plaza close to every major route with major tenants and unlimited parking. They even have a full concesion stand and a full cafe selling lunch, ice cream, coffee and more. There are several state of the art video and vending machines. Seller will train. This theatre is very scalable and can do much better with more advertising, promoting and some upgrades. Great place for live events and children's parties. Buyer can also add beer and liquor license. This theatre was recently remodeled and includes all equipment! It is worth well over a half million dollars. Contact Broker Craig Renard for more info. Funding available MUST SEE!!!!!! Please provide proof of funds.

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