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

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

Price: $3,500,000.00
Location: Kentucky
Industry: Movie Theaters Entertainment
Listing ID: 6498598

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.

Total Sales: $1,318,198
EBITDA: $198,480.00
FFE Included: $800,000.00
FFE: $800,000.00
Inventory: $5,000.00
Reason For Sale:

Owner seeks new operator to take business to the next level.

Training & 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.

Days & Hours of Operation: 7-Days/ Week Monday - Sunday
Owner Hours Per Week: 7-Days/ Week Monday - Sunday
Employees: 24
Managers: 4
Type of Location: Free Standing
Square Footage: 19,670
Facilities Information:

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.

Competition:

This Cinema offers a a Luxury Dine-In experience that is unique and unlike any other within 300 miles.

Potential 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.

Financing/Terms:

Prequalified for Conventional Financing

Otis Florence Florence

Phone: 502-425-0995
For more information on this listing, please complete our Non-Disclosure Agreement

Otis Florence Florence