Ad ID: 109301
Modern 3 Theatre Cinema Business for Sale Bay of Plenty
Modern 3 Theatre Cinema With Massive Potential
Why buy this Modern 3 Theatre Cinema Business
Modern 3 Theatre Cinema Business for Sale Bay of PlentyA rapidly growing population and a purpose built facility provides a massive opportunity for an aspiring cinema owner.
Located in a fast growing suburb in the Bay of Plenty, this well appointed, nearly new cinema complex is poised to become the focal point for locals seeking a night at the movies or a movie-themed function. A liquor licence provides added attraction for the function market.
The original owners have put huge capital into the business, only to be struck with Covid soon after opening. They are operating another successful business to which they want to devote more time, and have set a very realistic sale price of $495,000. It is worth noting that the insured value of the assets is $500,000, so the business represents very good value at the advertised sale price.
The ideal purchaser for this potentially highly profitable enterprise is a working owner, couple or family wanting a business where they can work together to grow the revenue and generate great profits while creating a lifestyle business in the entertainment sector.
The recent construction means the theatres are fully digitised and any competent novice can be fully trained. The cinema complex is located in a modern, recently built shopping centre with heaps of carparking and a dedicated elevator going only to the upstairs theatre complex.
The ultimate in a lifestyle business, this is a dream opportunity to create a highly profitable and enjoyable enterprise for the long term.
PRICE - $495,000.
If you are interested and would like more information about this business, please visit the Barker Business Brokerage website, search reference number 3288 and submit the online Confidentiality Agreement. Once Michelle receives your expression of interest she will be in touch regarding further information about this opportunity.
*Source of information - Supplied by the Business Owner. Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2022.
Property Code: 3288