Popular Movie Theater and Grille

Milwaukee County, WI

Popular Movie Theater and Grille

Asking Price:$800,000

Cash Flow:$222,546

Gross Revenue:$1,121,571

EBITDA:N/A

FF&E:$300,000

Inventory:$10,862*

Rate/Sq. Ft.:N/A

Established:2000

*not included in asking price.

Popular Movie Theater and Grille

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Business Description

Historic movie theater located in a vibrant Milwaukee suburb

This iconic movie theater with unique Art Deco architecture has been a local treasure since it opened in 1951. It is located in a thriving upscale Milwaukee suburb. The building was fully renovated in 2000, restoring much of the original architecture and converted to a dinner theater concept, catering to local families. The theater has several auditoriums, providing a selection of first run movies and all are equipped with state of the art digital projection and sound equipment. Seating is a combination of tiered tables for dining and stadium seating with counters. The classic American food is prepared fresh on site and served by the wait staff during the movie. This successful combination of great movies and freshly prepared food served in a family friendly environment has created a loyal clientele. The auditoriums are also available for special events and private parties.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
21
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business originally opened in 1951 as a movie theater. It was completely renovated in 2000 and relaunched with it's current concept of a family oriented dinner theater.
Competition:
There is little competition for this concept. The theater is located in a very desirable high income suburb that has a dense population and high degree of home ownership. There are traditional theaters in the area but none offering this unique dining and movie going experience.
Growth & Expansion:
The theater is well known to the local community and has a stable base of business but there are many opportunities to host special events, aggressively market, and add services that could spur growth of the business.
Support & Training:
4 weeks
Reason for Selling:
retiring

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Mitchel Cox

Business Listed By:
Mitchel Cox

Transworld Business Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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