This topic is an excellent example of how great these forums are. Thanks Mike. The opportunity to compare information with other exhibitors is priceless.
Even though I have operated 18 theatres here in Pennsylvania over the years, which have varied in size from 350 seats to 1800 seats (the 1800 seaters were singles, by the way)and have been built of all types of construction with operating costs greatly varied, it still is amazing to find out how much different things are in different parts of the country.
My 560 seat single screen costs considerly more to operate then many of your 2-3-4-5 screen theatres. But then I'm heating and cooling a large stagehouse as well as lighting a large marquee with a thousand lights on it, operating a blower for the pipe organ, and running stage lighting and sound equipment for occasional stage shows.
Our cost per show runs about $260.00 not including film rental. We run a fixed schedule of 11 shows per week except during the winter when we also run a Saturday matinee. Our regular schedule is: Fri & Sat-7:00 & 9:15, Sun-2:00 & 7:00, Mon Tues & Thurs-7:00, and Wed-1:00 & 7:00. We also run weekday matinees for some shows during the summer, and of course run additional matinees during all school holiday periods.
All of our fixed costs are budgeted against those shows, so if I want to add an extra show for any reason the only cost for an extra show is for utilities and payroll. that puts the extra show cost at about $35.00 so if I can bring in 20 people at my lowest admission price ($1.50) and get my average per cap at the stand ($1.25) I will break even on that extra show. This theatre seldom gets fewer then 20 people per show. I have only had one time in 32 years that I only got 2 people and therefore have never had a no show. If a school group or some other organization wants a special show I'll run it for as low as $50.00 just so I cover expenses and make a couple of bucks. Because of that I get a lot of special daytime screenings that bring in about $5,000 extra each year for the theatre.
Mike. How about we trade electric bills for a year? Mine run as high as $2,000 a month during the late summer for only one screen. Non summer months only run around $400. My top heating bill (gas) can hit $2,000 as well in Jan. and Feb. Thankfully this year we didn't hit either of those figures.
My costs are high, my per cap is low... how do I stay in business you may ask? People... lots of people. I sell a lot of tickets. I present a lot of extra shows. I get a lot of rentals for the use of the theatre. And I sell sell sell every angle of the theatre business... movies, stageshows, concerts, special screenings, corporate meetings, you name it. All those extras is what keeps the doors open.
Many years ago (the 1950s)I read an editorial in an industry tradepaper that said: "Sell your theatre, or sell your theatre". I'd rather promote it then put it up for sale.
[This message has been edited by RoxyVaudeville (edited April 11, 2002).]