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BUSINESSES FOR SALE

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

Major Motion Picture Theater For Sale

Location  New York,United States
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $2000000
Net Profit / Cash Flow  $700000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1995
Number of Employees  10 - 19
Inventory  5995000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Seller will completely train. Theater is currently run absentee by a highly qualified staff.
Reason for Sale  Retirement.
Description  MAJOR MultiPlex Movie theater for SALE! 33,000 square foot BUILDING in a prime location on the Main street of a very Wealthy town.The property includes 3 restaurant spaces that are fully leased by Major Tenants. Historical Summary: ORIGINALLY BUILT BY CINEPLEX-ODEON and purchased by the current owner in 2002. There are photos of the facility on this site. Owner Qualifications: Movie Theater Experience a plus . Financing Terms: Asking $5.5 M for the building and land and $1.5M for the Business all together Asking $ 7 M. seller will consider some seller notes. Possibility to assume a $ 3.7M MORTGAGE Facilities: 33,000 square foot BUILDING in a prime location on the Main Street of the town.There are three major restaurants on the property and all are on long term leases. The huge snack bar can easily add additional food items and increase revenues significantly.The current owner is in the process of converting to ALL DIGITAL Movies.
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