Drive IN Theatre Business for Sale in Kentucky

Not Disclosed, KY

Asking Price: Annual Revenue:
$974,221 $404,335

Recreation: Entertainment

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RE: Drive IN Theatre Business for Sale in Kentucky Broker: Ed Barker

Quick Facts

Asking Price: $974,221
Annual Revenue: $404,335
Net Profit: Not Disclosed
Cash Flow: $133,389
Total Debt: Not Disclosed
FF&E: $135,565
Real Estate: Not Disclosed
Year Established: 1954
Employees: 2
BBN Listing #: 819950277
Broker Reference #: 20041-804498

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Business Overview:

The 108-year young matriarch of the family has deceased. The Estate is selling the Calvert City Drive In Theatre business, which has been operating since 1953. Locals and vacationers are attracted to the site for the first run movies plus the outstanding food generated at the concession stand (burgers, pizza, hot dogs, candy, ice cream, beverages, and popcorn). Family members are willing to train the new owner at an hourly rate.

One family has owner this business since 1953. It provides good family entertainment in the heart of Western Kentucky's fabulous vacation resort area of Kentucky Lake, Barkley Lake and the Land Between the Lakes.

This is the only Drive In Movie Theatre in Western Kentucky.

Movie goers are eager to buy food and beverages. There are some really good ice cream makers and fudge makers in the area that could provide a new revenue stream to hungry movie goer! Also, the pizza recipes are so good that a separate pizza business could be established to deliver pizza in the area or establish a pizza shop separately. Pizza recipes are not included in sale.

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Reason for Selling:

Owner's deceased.

Additional Details:

  • The property is leased.
  • 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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