Just about everyone loves going to the movies. Owning a movie theater can be a fun and profitable business option if you play your cards right. The easiest way to get started is to buy an already-established movie theater. The reasons for this are simple enough. Existing theaters already have the location, equipment, distribution agreements, and staff in place to help you hit the ground running. Once you purchase a movie theater that's for sale, where you go from there is up to you. Satisfying customer demands for 3D and IMAX, or adding attractions like video game rooms, can ensure your movie theater is the talk of the town for years to come.
There are almost 2,000 individual movie theaters in the U.S within this $19 billion industry. Even with the competition from streaming services like Amazon Instant Video and Netflix, movie theater businesses are growing at a steady .5% annually. Big-name franchises like Regal Entertainment Group, AMC Entertainment, Cinemark Theaters, Carmike Cinemas, and Cineplex have thousands of screens in hundreds of locations nationwide. In fact, the top 50 movie theaters in America make up 80% of the industry’s revenue. However, even old movie theaters for sale can be a good bet, as second-run and art-house films still have faithful followings. Browse the BizQuest website now for more information! Hide description Read more
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