Prakas and Company is the largest restaurant and hospitality brokerage in Florida with offices in Boca Raton and Fort Lauderdale.
Announcing the opportunity to acquire a successful, for profit, Florida dinner theatre, including the ongoing business, buildings, and contents on 10 acres of land located on a major US highway with a 40,000 daily traffic count.
This business is most lucrative during the winter with our visiting northerly states populace. Should you consider procuring, you would be able to send your completed shows here or vice versa, saving you a typical of two weeks of down time and up to $100,000 per running performance. This alone equates to savings up to a half million dollars per year.
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. 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.
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 of 24%. This theater is turnkey available without disruption including a vast and faithful customer base.
The proprietors are retiring from the dinner theater business to pursue promotion of entertainment venues but will stay on with negotiated salary for up to one year.
So, if you have given thought of increasing your theatre business without any down time due to unsympathetic winters, this could be an abundant opportunity for you and your organization.
For further information and confidentiality agreement please call me at
International call (941) 227-0296. Jaz Zydenbos, Tropic Shores Realty, LLC
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