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Business for Sale Summary

Multiplex Movie Theater Privately Owned - 25838

Business Type: special situations,best deals!,retailing businesses,amusement parks/arcades/recreation,misc. retail/non-classifiable,service businesses,motion pictures,entertainment
Multiplex  Movie Theater Privately Owned
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Financial Information (non-confidential)

General Information
Asking Price $1,395,000 Down Payment $1,000,000
Gross Revenues $1,201,680 Lease Remaining Register Free to View
Owner’s Cash Flow $352,680 Number of FT Employees Register Free to View

Financing

$1,000,000 Down and 1,000,000 Down

Business Description

Are you a film buff who has dreamed of owning his or her own movie theater? Here is your chance. There are only a handful of privately owned movie theaters still left in NY State. This is your opportunity to take advantage and purchase a privately owned, 7 screen movie theater with a 15 year lease. This 15,000 sq. ft. theater has just been newly restored and offers 1000 available seats and 7 currently operating screens. It is the anchor of a shopping center The sales have been growing consistently month after month since the renovation and the seller projects sales in excess of $1.1 million this year. There is no other theater in any direction for 15 miles. With ticket prices of $11 at most major national theaters, this local theater can offer tickets of $8 or less for matinees. There is virtually no competition for several towns over. We are seeking serious and qualified buyers only. Please be prepared to provide Proof of Funds before we can give out specific details or the address. This is a very unique opportunity that will not last long. Call or email Mel Vaz today to learn more at 631-909-1095 or melvaz@vestedbb.com.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.