Movie Theater Cinema With Real Estate
Location Oklahoma,United States
Asking Price Range $250K - $500K
Gross Revenues $100000
Net Profit / Cash Flow $20000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2008
Number of Employees 4 - 5
Inventory 50000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training 2 months advising as needed.
Reason for Sale Undercapitalized after extensive remodel. Closed to pursue career with benefits.
Description PRICE... $275,000
Will take less for all cash offer.
Twin cinema for sale. Recently twinned, renovated, and re-opened in 2008. Closed in January 2010 so owner could pursue career with benefits. All new: facade and building exterior, windows and doors, plumbing, restrooms, electrical system, heat and air system and ductwork, fire sprinkler system, insulation in attic and walls, marquee, draperies, screens, sound. Equipped with 35mm film equipment. Installed like-new seats. New concession counter with enough equipment for a small restaurant. Tables and seating for 20 in concession area. Had food license. Served some hot food. Could serve more. Showed first run films. Located in county with 20,000 people and no other movie theater. Nearest competition is 22 miles away.
Sale includes land, building, and equipment.
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