Iconic Live Music Theatre and Event Center

Asking Price$3,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$3,370,000
Included in asking price
Flexible seating chart
The dome at sunset
Exterior daytime
View from sound/lighting booth
Level 1 full dance fllor set up
Film Screening set up
Film screening
Concession/Bar Area
Concession/Bar Area
Improvement Location Certificate
Level 1 and 2 Floor Plans
Stage set for presentation
Level 1 concert or film set up
Concert/Dance Party
Single Artist set up with live video
Film Screening/Auction Items on stage
The Dome- inside and outside
Variety of events
Flexible seating chart
The dome at sunset
Save1/20

Iconic Live Music Theatre and Event Center


Asking Price$3,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$3,370,000
Included in asking price
Business Description
Stargazers Theatre and Event Center is now available for sale
Stargazers Theatre and Event Center is now available for purchase, offering a rare opportunity to acquire one of Colorado Springs’ most distinctive live entertainment venues. Located just 2.5 miles from the vibrant downtown district, this unique 15,500-square-foot domed theater sits on 2.3 acres and has become a well-known destination for live music, special events, and community gatherings.
The venue features a spacious auditorium with seating for approximately 500 guests and a fire-department approved total capacity of 693. A large professional stage is designed to accommodate concerts, theatrical productions, presentations, and private events. The facility includes state-of-the-art sound and lighting systems, 2 backstage green rooms, a large concession area with adjacent prep kitchen and 10’x 10’ walk-in cooler, and approximately two acres of on-site parking, providing excellent convenience for patrons and event organizers.
Stargazers Theatre has been owned and operated by John and Cindy Hooton for the past 17 years, during which time they have successfully hosted more than 2,500 events. The venue has built a strong reputation for presenting high-quality entertainment, with a primary focus on live music across a wide range of genres featuring local, regional, national, and international artists. In addition to concerts, the theater hosts film festivals, weddings, corporate events, award ceremonies, community programs, and private celebrations.
The current owners are now offering the land, building, and operating business for sale as they transition into retirement.
With its established brand, loyal audience base, approximately 11,000-subscriber marketing email list, liquor license, retail food license, and fully operational turnkey setup, Stargazers represents an exceptional opportunity for entrepreneurs, entertainment companies, event promoters, or arts organizations seeking to own a landmark performance venue in a rapidly growing market.
Colorado Springs continues to experience strong population and tourism growth, making this an ideal time to invest in a proven entertainment property positioned within the region’s expanding arts and cultural landscape.
For additional information or to schedule a private tour, please contact John Hooton.
Don’t miss this rare opportunity to own Stargazers Theatre and Event Center and become part of the thriving Colorado Springs arts and entertainment scene.
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About the Business
Years in Operation
17
Employees
8 Part-time
Facilities & Assets
Please see PDF Document " General Information and Partial Inventory" under the DOCUMENTS section of this listing.
Website
https://stargazerstheatre.com/
Market Outlook / Competition
Stargazers has been owned and operated by John and Cindy Hooton for the past 17 years, hosting over 2500 events. The venue has built a strong reputation for presenting high quality live music entertainment, major film festivals and other types of popular entertainment as well hosting weddings, corporate events, award ceremonies, community programs and private celebrations. Because of it's unique dome architecture, there is nothing like it in Colorado.
Opportunities for Growth
Since 2021, the Hooton's entered semi-retirement and have limited the number of events to approximately 100 events per year, down from previous years of 200 to 300 events per year. The Hooton's have also have chosen to only self produce all events as opposed to renting to promoters or event presenters.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
15,500
About the Sale
Seller Motivation
Owners tranistioning to retirement.
Transition Support
Can offer up to three months support in operations, marketing, artist introductions, technical/sound,lights,video and big screen, orientation to local business entertainment climate and bridging the transition with our large, loyal customer base. We have continued to book events that would produce income from day one of new ownership -our goal is for new owners to be successful from their very first event.
Financing Options
SBA approved through local lender-mortgage holder since 2008.
Listing Info
ID
2481528
Listing Views
Attached DocumentsAttachment Disclaimer

3 ST General Information and Inventory for Stargazers 091824b.pdf

Business Location

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Business Listed by: John Hooton

Listing ID: 2481528 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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