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TOPIC: finances

finances 28 Nov 2001 09:40 #27609

  • Mike
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This is a repeat from another forum but Harold has probably seen more ways to finance a theatre than any of us. There were some posts about the variety of finance options for building theatres other than the conventional: concession company support/ development agencies/ etc. Could you comment on what experiences you have had?

Mike Hurley
www.bigscreenbiz.com
Michael Hurley
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Re: finances 28 Nov 2001 12:31 #27610

  • beanstalk
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Hey Mike,
I took some advice from the other forum and talked to a commercial owner in our area, and he seemed more than willing to front the expense of land and building construction and just lease it back to us with a buyout option at the end of the lease. The details haven't been laid out as of yet, but I have worked with this person before and I feel comfortable that this will be my best bet. Of course, I will still need to front the $$ for all decor, seating, projection/sound, concessions, box office equipment, signage, etc etc... But not having to get money for land and construction is a huge help!
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