| Asking Price |
$735,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$369,030 | Real Estate |
$550,000* |
| Cash Flow |
$99,757 | Year Established | 1976 |
| FF&E |
N/A | Employees | N/A |
* included in the asking price
** not included in the asking price
This is a wonderful opportunity for the entrepreneur and investor in you! We are pleased to offer this extremely well maintained building in the heart of St. Johnsbury, VT along with a fully operational movie theater. The building is 23,000 +/- sq. ft on 3 levels with a strong mix of retail and office tenants. New boilers were installed in 2006. The movie theater consists of three theaters, two of which are equipped with Surround Sound, with a total seating capacity of 394 and is the only theater in a prep school town with its closest competition more than 20 miles away. If you re looking for a business opportunity, this is it. Run both yourself or hire a manager! Good rental income and good ticket sales equal a winning combination. This offering includes the real estate, business, furniture, fixtures and equipment and transitional services. A complete package is available to qualified Buyers after signing a Non-Disclosure Agreement.
Competition: The closest competition to this theater is more than 20 miles away.
Growth/Expansion: Current rents are not currently at market value.
Financing: Cash or Bank Financing
Support/Training: Sellers will provide reasonable training to buyers after closing.
Reason Selling: Retirement

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