Movie Theater Business For Sale

Undisclosed Address, Maine
Business Opportunity for Sale
Catylist Listing ID: 30861153
Property Subtypes: Entertainment and Leisure
Building Size (RSF): 1,306 SF
Sale Price: $125,000
Name of Establishment: Eveningstar Cinema
Business Website Address: http://eveningstarcinema.com
Year Business Established: 1979
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Relocatable Business: Yes
Sale Terms: No owner financing
Last Updated: 2/25/2024

Overview / Comments

Excellent location and endless possibilities. Business originally established in 1979, current owner purchased in 2019 and has made many improvements to this 89 seat theater including; new seats, state of the art visual and sound equipment and a renovated concession area that could support coffee shop, small plates, gathering space and more. New owner to establish lease agreement with building owner.
Owner to provide up to 3 months of technical and operational training.
Perfect, affordable opportunity for a creative entrepreneur in a very supportive and eclectic town!

Additional Details

Industry Segment: Movie Theaters
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: To be negotiated with building owner
Employee/Labor Description: Currently 3 part time employees
Mgmt/Training Support Description: 3 months of technical and operational support and training. Film booking training as well.
Competition/Market Description: Smitty's in Topsham, first run movies Nomad (formerly Frontier) small repertory showings
Growth/Expansion Opportunities: Adding in a coffee shop, small plates, beer and wine. Gaming tournaments, live entertainment and more.
Seller Financing Description: No owner financing.

Contact

Photograph of Listing Agent

Joseph Donald Spann

RE/MAX RIVERSIDE NECPE Member
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