Huge Price Reduction- Two Theatres w/Real Estate

Not Disclosed, MO

Franklin County


Asking Price: Annual Revenue:
$4,999,999 $2,000,000

Recreation: Entertainment


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RE: Huge Price Reduction- Two Theatres w/Real Estate Broker: Ken Kunkel

Quick Facts

Asking Price: $4,999,999
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: $509,496
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 40
BBN Listing #: 498559761
Broker Reference #: 1021KK

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Business Overview:

HUGE PRICE REDUCTION ON THESE TWO THEATERS WITH REAL ESTATE.
2 GRAND MOVIE THEATERS WITH REAL ESTATE LOCATED IN
2 EAST CENTRAL MISSOURI TOWNS.
Covid is over and people are back at the movies. - Sales are growing weekly.
Buy both theaters for less than appraised price. 2 Movie Theaters one with 8 screens and the other with 6 screens. Both are in growing small towns in ideal locations. The seller has made an excellent living with these 2 cinemas for over 20 years and is now looking forward to retirement. This is a turn-key operation with an excellent manager and well-trained employees in place.
We have this priced with real estate included.
The real estate was recently appraised at 5.4 million. A new set up would cost over 8 million dollars before the doors have opened. The owner has enjoyed his time in the cinema business and would like to share his wealth of information by training and mentoring a new owner. Please call Ken Kunkel at 636-346-0293 or email at kkunkel@fusionadvantage.com about this opportunity with ID#1021KK.

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Property Features and Assets:

21,000 square feet on acres 19,285 square feet on acres

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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