Seller Financing Available
Investors!! Cash Rich Dinner Theater. Must sell due to health.
Dinner Theater in Continuous Successful Operation for Two Decades.
Here's your opportunity to acquire a successful, Florida dinner theatre, including the ongoing business, buildings, and contents on 10 acres of land located on a major US highway with a 121,000 daily traffic count passing the theatre each day.
This theatre has prospered from almost two decades of Broadway non-stop performances. The business has been endlessly revised and is outfitted with state of the art digital audio and illumination systems. Profitability continues to grow each year, up 30% from 2014. Seating is provided for 400+ with kitchen, full bar, boutique, a loyal staff, technical specialists and award winning artists. At present, many shows and stage sets are being sold to other theatres after a run including the digital sound and lighting sequences. Bookings and shows are well into 2016.
In addition to an effectual marketing staff, the dinner theater website integrates online bookings, accounting and tickets. Along with Broadway musicals, plays and comedies, the theater features nationally renowned music and comedy shows. The operation enjoys five star rankings for performances and restaurant excellence along with exceptional press reviews.
Included in the purchase are hundreds of thousands of dollars in props, drops, wardrobe, wigs, etc. Financial underwriting is achievable with a credit-approved buyer. The price is $2.2 million including real estate valued at $1.2 million, with a verifiable net profit of 24%. This theater is turnkey available without disruption including a vast and faithful customer base. The owner will consider holding a note on the real estate portion for up to $500,000, pending credit profile.
Although the owner is prideful in continuing to improve the business and processes he wishes to retire from the theatre due to health issues. He and his key staff are willing to remain on until the new owner has established their own momentum and continued profitability.
So, if you have given thought of increasing your business without any down time due to unsympathetic northern winters, this could be an abundant opportunity for you and your organization.
For further information and confidentiality agreement please call me at
Jaz Zydenbos, Tropic Shores Realty, LLC