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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Privately Owned Movie Theater

Location  New York,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1060106
Net Profit / Cash Flow  $293443
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2002
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train.
Reason for Sale  Personal.
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, 10 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 that is scheduled for a full renovation and expansion within the next 2 years. The sales have been growing consistently month after month since the renovation and the seller projects sales in excess of $1.4 million this year. That would lead to a projected Net Income of $420,000.00 with only 7 screens currently operating. 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. For more information please email or contact Craig Renard.
Click Here To Contact Seller

    

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