Business Overview

2 MOVIE THEATERS WITH REAL ESTATE LOCATED IN 2 EAST CENTRAL MISSOURI TOWNS.
Covid is subsiding and people are back to the movies resulting in increased sales for both locations. Buy both theaters for less than appraised value. One theater has 8 screens and the other has 6 screens. Both are in growing 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 that was recently appraised at 5.4 million. A new set up would cost over 8 million dollars before the doors could be 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.
THE NEW PRICE FOR BOTH THEATERS IS 4.8 MILLION AND SELLER WOULD ENTERTAIN SELLING EACH ONE INDIVIDUALLY.
For more information on this offering call Ken Kunkel at 636-346-0293 or email at kkunkel@fusionadvantage.com about listing 1072KK.

Financial

  • Asking Price: $4,800,000
  • Cash Flow: $509,496
  • Gross Revenue: $2,000,000
  • EBITDA: N/A
  • FF&E: $250,000
  • Inventory: $10,000
  • Inventory Included: N/A
  • Established: 1999

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:40
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

21,000 sq ft sits on acres 19,285 sq ft sits on acres

Is Support & Training Included:

Yes, full training and support

Purpose For Selling:

Retirement

Opportunities and Growth:

add liquor and advertise more

Additional Info

The venture was established in 1999, making the business 23 years old.
The sale shall not include inventory valued at $10,000*, which ins't included in the listing price.

The company has 40 employees and is located in a building with disclosed square footage of N/A sq ft.

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals decide to sell businesses. Nevertheless, the genuine reason and the one they say to you may be 2 totally different things. For instance, they may claim "I have too many other responsibilities" or "I am retiring". For lots of sellers, these factors stand. But, for some, these may just be justifications to attempt to hide the reality of altering demographics, increased competition, recent reduction in incomes, or a range of various other factors. This is why it is really essential that you not rely entirely on a seller's word, yet rather, use the seller's response together with your total due diligence. This will repaint an extra realistic image of the business's current scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your deal. Many companies finance loans with the purpose of covering items such as stock, payroll, accounts payable, so on and so forth. Remember that sometimes this can mean that earnings margins are too thin. Numerous companies fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that must be satisfied or may lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location attract brand-new customers? Most times, businesses have repeat customers, which develop the core of their day-to-day revenues. Certain elements such as brand-new competitors sprouting up around the area, road building and construction, and staff turn over can influence repeat customers and adversely affect future revenues. One important thing to consider is the location of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Clearly, the more people that see the business on a regular basis, the better the chance to construct a returning customer base. A final idea is the general area demographics. Is the business located in a densely populated city, or is it situated on the outskirts of town? How might the local average house income effect future income potential?