The Uptown Theatre w /Building and Land

Asking Price$750,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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The Uptown Theatre w /Building and Land


Asking Price$750,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
Live the Small Town Life in Historic Business/ Building
Have you ever dreamed of selling everything and moving to a small town?
Do you have visions of living the life of an artist? Dance, theater, live music, a gallery? Yes to all of the above. This historic and beautiful space could be anything, with the potential of a live/work studio with 240-degree water view. This beautiful and historic building is looking for a new steward for the next generation. Port Townsend offers the feel of a charming small town while being home to a vibrant arts community.

The main floor features a spacious auditorium and brand new CinemaScope Screen (THE BIGGEST Indoor CinemaScope Screen on The Olympic Peninsula) and 7.1 Dolby Digital Surround Sound System! Seating has been upgraded to big comfy seats w/ drink holders and moveable padded armrests.
Second floor is a non-conforming “projectionist” one-bedroom apartment alongside the with the projection booth. The third floor was a most recently a tenant run dance studio but is currently waiting to manifest the next owner’s dreams. Every floor has expansive ceilings with original woodwork and trim.

Uptown Theatre been an operational movie theater run by the same family since it was established in 1947. Prior to that it housed an Odd Fellows Fraternal Lodge later becoming a dance hall and theater.

Uptown Theater is designated as a Secondary Historic Structure within the National Historic Landmark District (NHLD) and can be added to the State and National Historic Register which both have grants available for rehabilitation along with incentives offered from Jefferson County.
If you are looking for a new project (or lifestyle) THIS IS IT!
Possible SBA approval OAC.
About the Business
Years in Operation
79
Employees
2
Facilities & Assets
Currently being used a movie theater with a Brand-New Cinema Scope Screen! Featuring Big Comfy Seats w/ Drink Holders and moveable padded armrests. A Great Big 7.1 Dolby Digital Surround Sound System on the main floor. The Top floor is currently not being used but was previously a dance studio.
Market Outlook / Competition
Beautiful Port Townsend in main business district.

Seller is open to creative financing, pending terms and buyer's strength
Opportunities for Growth
Sky is the limit
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
12,000
About the Sale
Seller Motivation
Owner is retiring
Transition Support
After Closing
Financing Options
This is possible SBA approval with OAC.
Listing Info
ID
2142807
Listing Views
6132
Attached DocumentsAttachment Disclaimer

The_Uptown_Theatre.pdf

Business Location

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Business Listed by: Vantage Partners Vantage Commercial Partners

Listing ID: 2142807 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.