Movie Theater with Real Estate in downstate IL

Financial Information

  • Asking Price: $2,500,000
  • Gross Revenue: $958,992
  • Cash Flow: N/A
  • Down Payment: $2,500,000
  • FF&E (Included): $575,000
  • Inventory: $3,000
  • Financing: No

Business Location

  • Confidential
  • Illinois
Primary Business Category: Motion Picture Theaters (except Drive-Ins)

This is a Sale of Assets opportunity This movie theater in downstate Illinois transports its customers back to a time when going to the movies was the height of entertainment. No expense was spared in creating this family friendly 8-Plex Theater. Simply put the owner has run out of money to finish off two additional auditoriums and to outfit out the restaurant space, which is a clean shell at the moment. This is a great opportunity for an owner/operator or another theater group looking to roll up this gem. Buy this business for a fraction of the Asset value!


Competition Description

This is the only Theater in the mid-sized upscale town in Central Illinois. The closest competition is 25-30 miles away. With it's location in the center of town, this theater will be around for another hundred years.


Growth / Expansion overview

Finishing the restaurant and opening it with a liquor license could double or triple revenue.


Support / Training Comments

Owner and current business manager would stay for a few weeks of training and transition.


Reason For Sale
Recapitalization is needed
  • Home Based: No
  • Year Established: 2011
  • Franchise: No
  • Year Acquired: 2011
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $2,000,000
  • Real Estate Asking: $2,000,000
  • Days Open: 7 Days
  • Hours Open: Varies
  • Fulltime Employees: 11
  • Part time Employees: N/A
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $16,000
  • Building Size: 41000 sq ft
  • Monthly Rent: N/A

Contact Business Broker

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Business Listed by

Sunbelt Naples & Fort Myers

Contact: Joe Alter
Office Phone: 855-969-3534
Mobile Phone: (239) 849-9334
Listing ID: NAPFL001-N31

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.