Drive In Movie Theaters for Sale

Hartford, MI (Van Buren County)

Sunset Drive in
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Asking Price: $495,000

Cash Flow: $102,000

Gross Revenue: $233,000

EBITDA: N/A

FF&E: N/A

Inventory: $10,000*

Real Estate: N/A

Established: 1948

*not included in asking price.

Drive In Movie Theaters for Sale

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Business Description

THIS LISTING IS FOR 2 THEATERS, the other is located in Dowagiac Michigan. Price includes both theaters.

The first theater for sale is located in Dowagiac, Michigan and can accommodate up to 500 cars, called 5 Mile Drive In. The second theater is located in Hartford, Michigan and can allow as many as 300 cars per show. Both theaters show ‘double headers’ during the normal season of May to September. New ownership could extend the season, add other events throughout the week such as live music & concerts, and/or utilize the land during the day for things like car shows, fairs, or other parking intensive uses.

The operators do not allow outside food or drink, and currently charge $15.00 per car load, and sound is played through your car radio. Concessions include popcorn, fountain and bottled drinks, pizza, candy bars, etc.

Detailed Information

Location:
Hartford, MI
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
1,500
Facilities:
Ticket booth, small concessions building and storage building for maintenance supplies.
Support & Training:
Seller will train over a long weekend during regular shows.
Reason for Selling:
Too busy with 'day job' to run theaters also.
Business Website:
http://sunsetdriveinsouthwestmi.com/
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Tjader Gerdom

Business Listed By:
Tjader Gerdom

Gerdom Realty & Investment

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