Turnkey Luxury Dine-in Cinema with Full Bar- Includes Real Estate

Asking Price$3,500,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$1,479,347

Inventory$5,000
Included in asking price
FF&E$800,000
Included in asking price
Real Estate$2,500,000
Included in asking price
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Turnkey Luxury Dine-in Cinema with Full Bar- Includes Real Estate


Asking Price$3,500,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$1,479,347

Inventory$5,000
Included in asking price
FF&E$800,000
Included in asking price
Real Estate$2,500,000
Included in asking price
Business Description
The exact location of this well-established multiplex cinema is confidential. It is located in Kentucky, in a county with a population of over 70K people. Business Real Estate has recently been appraised and valued at over $2.5M dollars. Real Estate is included in the asking price.

It is a well established and operational Luxury Dine-In Cinema offering first-run films across multiple screens. It seats 415 patrons with Zero-G recliners, and offers full concessions, plus bar service, and restaurant foods. This is not your basic concession stand. The venue features an engaging guest experience that combines traditional movie entertainment with an unmatched dining experience. A dedicated customer base and community reputation are already in place. It offers a unique entertainment experience unlike any other within 300 miles. This makes the Multiplex Theater is a destination for locals and travelers alike. Some patrons travel from hours away to enjoy the Luxury Dine-In experience.

The business is fully-staffed with reliable personnel, including on-site managers. Owners are also involved in day-to-day operations.

Key Features:
* Bar and concessions generating strong ancillary revenue from Food and Beverages
* Well-maintained theater with Zero-G recliners and audio-visual equipment including Laser projection and Atmos Surround.
* Multiple screens with a variety of current movie offerings scheduled daily.
* Recently renovated and shows beautifully.
* Loyal local customer base with repeat patronage and community engagement
* Opportunity to expand event hosting (private screenings, group events, themed nights)

Revenue Streams:
* Box office ticket sales from first-run and specialty screenings.
* Bar and concession sales with alcoholic and non-alcoholic offerings.
* Themed nights, film series, and private events diversify income.

Detailed Financials, and full Marketing Profile available with signed NDA. Please visit the Broker’s website to complete Non-disclosure Agreement or contact Otis R Florence directly.
About the Business
Employees
24 (4 Full-time, 20 Part-time)
Facilities & Assets
The exact location of this regional multiplex cinema and entertainment venue is confidential. It is located in Kentucky, in a county with a population of over 70K people. Business Real Estate has recently been appraised and valued at over $2.5M dollars. That Real Estate and over $800K in FF&E are included in the asking price.
The Real Property includes 2.2+ Acres with ample paved parking, a modern multiplex including freshly renovated 19,670+/- square feet.
Assets include 415 Zero-G recliners, Dolby Atomos sound systems in 5 cinemas.
Market Outlook / Competition
This Cinema offers a a Luxury Dine-In experience that is unique and unlike any other within 300 miles.
Opportunities for Growth
Theater Screen Marketing and Advertising Revenue Opportunities

Expand marketing and promotions to increase weekday attendance.

Potential to further diversify income from Event Rentals, Dining , and private venue bookings.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
19,670
About the Sale
Seller Motivation
Owner seeks new operator to take business to the next level.
Transition Support
Owners are willing to negotiate the terms of the transition period and will stay on to train and assist in a smooth transition. Reliable staff will remain as needed.
Financing Options
Prequalified for Conventional Financing
Listing Info
ID
2464826
Listing Views
66

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Business Listed by: OTIS FLORENCE BUSINESS BROKERS & CONSULTANTS, INC

Listing ID: 2464826 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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