Movie Theater For Sale For $2,500,000 - Business Making $958,992/yr

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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