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TOPIC: 10 screen purchase price?

10 screen purchase price? 19 Sep 2002 16:41 #23486

Please any thoughts, comments, ideas?
10 screen (not stadium) open operating first run in a free zone (can play everything on availability) 5-6 acres
building land and business 3.5 million asking
annual net net $480,000 to 500,000


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Re: 10 screen purchase price? 19 Sep 2002 17:29 #23487

  • Ken Layton
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How old is the building? Wood, brick, or concrete construction? Is the place nice or a dump? What equipment is in the booth?
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Re: 10 screen purchase price? 19 Sep 2002 18:07 #23488

I think it is concrete block nice not spectacular complex well kept not dump
functional
some sort of stereo all ten houses some dts?
about roughly 15 years old
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Re: 10 screen purchase price? 19 Sep 2002 20:21 #23489

  • BECKWITH1
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Where is it? I'm taking it!

Seriously, is the 480,000 to 500,000 net after debt service?

How much will it cost you to finance this transaction? Can you afford the monthly payments? Can you get the financing?

I suspect that some of us would like to have a chance to look at something that looks as promising as this on the surface at least. I've met up with some 8 plexes that merely gross this much per year much less net.

[This message has been edited by BECKWITH1 (edited September 19, 2002).]
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Re: 10 screen purchase price? 20 Sep 2002 09:17 #23490

  • muviebuf
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There is an old expression..... If something sounds to good to be true, it usually is.
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