Businesses For Sale > Business For Sale in South County, Missouri (MO)
2 Cinemas w/ Real Estate Now Priced Well Below Appraised Real Estate Value for sale in South County, MO
South County, Missouri (MO)
Asking Price: |
Gross: |
Cash Flow: |
$ 4,800,000 |
$ 2,000,000 |
$ 509,496 |
Furniture and Fixtures Value:
$ 250,000 (included in the asking price)
Inventory Value:
$ 10,000 (not included in the asking price)
Real Estate:
$ 5,800,000 (included in the asking price)
Business Summary:
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 at 636-346-0293 or email at [email protected] about listing 1072KK.
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Year
Business was Established: 1999 |
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Number of Employees:
40 FT/PT |
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Facilities / Terms of Lease:
Real Estate Included in purchase |
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Owner
willing to train:
Yes, Training and Support |
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Reason for selling:
Retirement |
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Seller Reference Number: 1072KK
BusinessMart.com Listing Number: 277454 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Dennis Duffin
Fusion Business Brokers
314-639-0500
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