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TOPIC: Purchasing a theatre.... help....

Re: Purchasing a theatre.... help.... 06 Feb 2003 09:29 #23772

  • GREGBORR
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"Gregborr- Is it common to have your ticket sales less than your concessions?"

The number I posted was the # of paid admissions, or persons that came through the door, not the $ amount of ticket sales.

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Re: Purchasing a theatre.... help.... 06 Feb 2003 12:22 #23773

  • BECKWITH1
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I think that usfrench answered the income question for me.
I still have a bad feeling about this situation. Something isn't right here with what we know. When you say that the theater was completely remodelled - was that downstairs in the auditoriums (seats, carpeting, masking, bathrooms, etc) or was that upstairs in the booth - sound, projectors, platters, etc. I am having a hard time believing that someone installed a whole mess of new equipment and then just dumped it. I can believe that a bunch of old equipment that barely functions could book out at $135,000 but not new equipment. I generally consider the cost to equip a booth to be somewhere around $60,000 minimum each with a bunch of used equipment, maybe some digital sound though. Remember that in this industry most of the projectors that we independents use are older than we are.

You or someone that you trust needs to become very familiar with running theater equipment because the chances are that it will break at the moment that you need it most. You can then give everyone in the theater their money back and call a technician who will arrive in the couple of days and cost you $80 per hour plus travel time. You may be down for some time over something relatively simple that could have been solved by a knowledgeable projectionist. You could also be in the position of running unprofessional shows which turns off people fast. (False starts because the platters won't take up, sound is lost, picture out of frame, cleaning lights being left on, etc. Some of this is poor equipment and some is poor personnel running the equipment. Lance means the people who thread and run the projectors (projectionists) when he says "threaders".

Yes there are good brands of equipment but there are also good brands that have been poorly maintained and will not work well for you. Christie, Simplex, Century, Brenkert, Strong, Potts, Eprad, Kneisely, Dolby, DTS, SDDS are a few common brand names. Look at the equipment on the inventory and see if brand names and models are listed. For example: We run a Simplex XLT projector head with a Kneisely lamphouse, Christie platter, Dolby Digital penthouse reader, Dolby CP500 processor, Crown 410 amps, JBL speakers, Ultimation 2000 automation, Eprad UD-200 dimmers. You can find yourself in the position of purchasing the theater and then replacing a lot of equipment just to stay running. Did you happen to see the posts about red light readers which are supposed to be installed by June of this year? Are these projectors using exciter bulbs or red light readers to read the soundtracks? So many questions........
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Re: Purchasing a theatre.... help.... 08 Feb 2003 06:35 #23774

Also dont forget the number 1 rule in purchaseing any business

!!!! NEVER GIVE THEM ALL CASH !!!!

Becouse if they want all cash they know something that you do not about the business and it will probuly be something that will cost YOU a lot of money to fix.

Thats why they want all cash becouse if they get payments and they are hiding something it would probuly stop you from makeing the payment to them

payments also shows they are willing to stand behind what they say

its better to be late with a payment to a previous owner than to the bank

[This message has been edited by JOE WILLIAMS (edited February 08, 2003).]
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Re: Purchasing a theatre.... help.... 11 Feb 2003 11:18 #23775

  • Laura719
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I got info the the equipment... Strong International Platter System Serial # 11405 Mfg date 05/99... Smart MOD 11C X-90 hour counter 1528.7... Smart Music Distribution System DA226 Onkyo CD 6 disc....

Sound good???

thanks for all the input!
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Re: Purchasing a theatre.... help.... 11 Feb 2003 12:05 #23776

  • John Pytlak
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Those three items are only a SMALL part of the equipment needed! As I said before, hire a theatre service engineer to appraise the projection and sound equipment, and to EVALUATE it to see what repairs or upgrades may be needed. A structural engineer should also be hired to inspect and evaluate the physical plant (structure, roof, HVAC, electrical power, etc.). Get PROFESSIONAL and UNBIASED opinion -- the money will be well spent.

John P. Pytlak, Senior Technical Specialist
Worldwide Technical Services
Entertainment Imaging
Research Labs, Building 69, Room 7525A
Eastman Kodak Company
Rochester, NY 14650-1922
Telephone: 585-477-5325 Cell: 585-781-4036 Fax: 585-722-7243
E-Mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Website: http://www.kodak.com/go/motion
John P. Pytlak, Senior Technical Specialist
Customer Technical Services
Entertainment Imaging
Research Labs, Building 69, Room 7525A
Eastman Kodak Company
Rochester, NY 14650-1922
Telephone: +1 585-477-5325 Fax: +1 585-722-7243
E-Mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Website: http://www.kodak.com/go/motion
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Re: Purchasing a theatre.... help.... 11 Feb 2003 12:48 #23777

  • Laura719
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I've put in a call... hope it's good news! Will definitely know before we make a decision.

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Re: Purchasing a theatre.... help.... 12 Feb 2003 18:17 #23778

  • RickAlan
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I started looking into the movie theater business in January of 1994. At the time, I was told that the average person goes to 4-5 movies per year. After 9 years in the business, the 4-5 is a good number. Probably a little lower for the population in the direction of your competition. I learned everything on my own. Had over 400 applicants in a town of 10,000. Not one had worked one minute in a theater, including me! Opened with 4 screens, expanded to 6 after 2 years. Out of time right now, but I'd be glad to share anything I can.
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