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Two Cinemas With Real Estate Priced Below Appraisal For Sale

Franklin County, Missouri, US
Asking Price:
$4,800,000 (USD)
Sales Revenue:
$2,000,000 (USD)
Cash Flow:
$509,496 (USD)

2 MOVIE THEATERS WITH REAL ESTATE LOCATED IN 2 EAST CENTRAL MISSOURI TOWNS.
Covid is subsiding and people are back to the movies resulting in increased sales for both locations. Buy both theaters for less than appraised value. One theater has 8 screens and the other has 6 screens. Both are in growing towns in ideal locations.
The seller has made an excellent living with these 2 cinemas for over 20 years and is now looking forward to retirement. This is a turn-key operation with an excellent manager and well-trained employees in place. We have this priced with real estate included that was recently appraised at 5.4 million. A new set up would cost over 8 million dollars before the doors could be opened. The owner has enjoyed his time in the cinema business and would like to share his wealth of information by training and mentoring a new owner.
THE NEW PRICE FOR BOTH THEATERS IS 4.8 MILLION AND SELLER WOULD ENTERTAIN SELLING EACH ONE INDIVIDUALLY.
For more information on this offering call Ken Kunkel with Fusion Business Brokers about listing ID#1072KK.

Property Information

Real Estate:

Real Property Included

Location:

One Property 21,000 sq ft the other property 19,285 Sq Ft

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