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Thursday, September 09, 2010
Listing Details - A MAJOR MOTION PICTURE THEATER FOR SALE
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A MAJOR MOTION PICTURE THEATER FOR SALE
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Long island, NY - New York, Suffolk
| Seller Financing: |
Yes |
| Lender Pre-Qualified: |
Yes |
| Listing ID: |
CRT 32546 |
| Status: |
Active |
Listing Details
| Listed Price: |
$7,000,000 |
| Down Payment: |
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| Total Sales: |
$2,000,000 |
| SDE: |
$700,000 |
| EBIT: |
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| EBITDA: |
$700,000 |
| FFE: |
$400,000 |
Included? Yes |
| Real Estate: |
$5,500,000 |
Included? Yes |
| Inventory: |
$5,000 |
Included? Yes |
| A/R: |
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Included? No |
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| Reason for Sale: |
RETIREMENT |
| Training: |
Seller will completely train |
| Financing Terms: |
Asking $5.8 M for the building and land and $1.2M for the Business all together Asking $ 7 M.
seller will consider some seller notes.
Possibility to assume a $ 3.7M MORTGAGE |
Operations
| Year Established: |
1995 |
| Last Acquired: |
2002 |
| Form of Ownership: |
s corp |
| Home Based: |
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| Relocatable: |
No |
| Type of Location: |
Stand-alone |
| Absentee Owner: |
Yes |
| Online: |
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| Employees: |
Full Time: 4 / Part Time: 11 |
| Managers: |
1 |
| Hours: |
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| Owner Hours: |
4 |
| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
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| Option: |
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| Lease Terms: |
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| Lease Security: |
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| Monthly Rent: |
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| Square Footage: |
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| Facilities: |
33,000 square foot BUILDING in a prime location on the Main Street of the town. |
Summary
| Business Description: |
MultiPlex Movie theatre for SALE! 33,000 square foot BUILDING in a prime location on the Main Street of the town in a WEALTHY neighborhood. FOR LATEST INFORMATION GO TO www.lisitenassociates.com. DOWNLOAD, FILL IN AND FAX THE NDA TO : 212-661-4285. WE WILL CONTACT YOU WITH THE INFORMATION THAT YOU SEEK. |
| Historical Summary: |
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| Owner Qualifications: |
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| Competition: |
None for 10 miles |
| Potential Growth: |
HUGE POTENTIAL GROWTH by:
1) dividing the theater into a 9 plex
2) adding additional snack and food items
3) opening during the weekdays for conventions and different business meetings
4) pursuing the "BIRTHDAY PARTY" business |
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