|
A MAJOR MOTION PICTURE THEATER FOR SALE |
|
| Listing ID: CRT 32546 Long island, NY |
|
A MAJOR MOTION PICTURE MULTIPLEX
 |
Back to Results |
 |
Save Listing |
 |
Print Listing |
| Listing Details | |
| Industry: | Motion Picture Theaters (except Drive-Ins) |
| Title: | A MAJOR MOTION PICTURE THEATER FOR SALE |
Listed Price: |
$7,000,000 |
Total Sales: |
$2,000,000 |
| Owner Cash Flow: | $700,000 |
Fixtures, Furniture & Equipment: |
$400,000 (Included in listed price) |
| Real Estate: | $5,500,000 |
Inventory: |
$5,000 (Included in listed price) |
| Financing / Terms: Asking $5.8 M for the building and land and $1.2M for the Business all together Asking $ 7 M. seller will consider some seller notes. Possibility to assume a $ 3.7M MORTGAGE |
|
| Reason for Sale: RETIREMENT |
|
| Training & Support: Seller will completely train |
|
Main Street | YES |
Business/Corporation | YES |
| Executive Summary | |
| Business Description: MultiPlex Movie theatre for SALE! 33,000 square foot BUILDING in a prime location on the Main Street of the town in a WEALTHY neighborhood. FOR LATEST INFORMATION GO TO www.lisitenassociates.com. DOWNLOAD, FILL IN AND FAX THE NDA TO : 212-661-4285. WE WILL CONTACT YOU WITH THE INFORMATION THAT YOU SEEK. |
|
| Competition: None for 10 miles |
|
| Potential for Growth: HUGE POTENTIAL GROWTH by: 1) dividing the theater into a 9 plex 2) adding additional snack and food items 3) opening during the weekdays for conventions and different business meetings 4) pursuing the "BIRTHDAY PARTY" business |
|
| Operations | |
Year Established: |
1995 |
| Year of Last Acquisition: | 2002 |
| Form of Ownership: | s corp |
| Absentee Owner: | YES |
| Number of Employees: | 11 PT / 4 FT |
| Location | |
| Type of Location: | Stand-alone |
| Facilities / Location Description: 33,000 square foot BUILDING in a prime location on the Main Street of the town. |
|