4-Screen Movie Theater - Whitewater, Wisconsin

Whitewater, WI (Walworth County)

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Asking Price: Get Financing: $875,000

Cash Flow: $146,500

Gross Revenue: $494,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1998

4-Screen Movie Theater - Whitewater, Wisconsin

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Business Description

Located Near University of Wisconsin - Whitewater

This profitable movie theater includes very good historical operating records.

It is located in the City of Whitewater, which has a population of over 14,500 residents. Whitewater is also home to University of Wisconsin-Whitewater, which has an annual enrollment of approximately 12,400 students.

The Theaters of Whitewater is a 12,000 square foot structure that includes 517 seats within 4 theaters. Each theater includes updated seating with digital technology (3 Christie projectors & 1 NEC digital projector). The property also includes 3D technology.

The building improvement is situated on a 4.62 acre site which includes 129 asphalt-paved parking stalls. This indicates a parking ratio at 10.75 stalls/1,000 square feet of building area or 0.25 stalls/seat. The site also includes surplus land to both the east and south of the building improvement. This land area provides significant room for building expansion.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
12,000
Employees:
8
Facilities:
Sale price includes real estate and existing business operation. This includes all inventory and FF&E associated with the operation of the Theaters of Whitewater.
Competition:
There are no competing theaters within close proximity to this theater. The closest competition is 17 miles away in Janesville and 19 miles away in Johnson Creek. The Theaters of Whitewater also benefit from a university being located less than one mile away. This public university has an annual enrollment of approximately 12,400 students.
Growth & Expansion:
Property possesses upside potential by adding concessions, introducing adult beverages and/or increasing operational hours. Further, the parcel includes surplus land which allows ample room for expansion.
Support & Training:
Negotiable
Reason for Selling:
Sellers are Retiring
Business Website:
http://www.EncoreWisconsin.com
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Business Location


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Business Listed By:
Paul Rucinski

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