Incredible Opportunity

Hutchinson, MN (McLeod County)

State Theater
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Asking Price: $1,425,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2005

Incredible Opportunity

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Business Description

Theater and rental units for sale!

This is an incredible opportunity to own a movie theater, apartment building, and retail space all in one. There is a huge margin
for value add in this property. All rental rates are below market and have not increased in almost 13 years. The theater itself is all
fully renovated and up to date. Tickets prices have only made a $.50 cent increase in the past 13 years. There is an additional
1,700 SF of retail space is currently unfinished and underutilized. The price represents the current operation leaving room for
improvement for the new buyer. Current owner is willing to stay on and train the new owner if requested.

Attached Documents


Detailed Information

Location:
Hutchinson, MN
Employees:
2
Facilities:
Three theaters. • Four apartments • Two retail units • Garage parking • Theater seats 500 people • Value Add • FF&E included • Everything is ADA compliant
Business Website:
http://www.statetheatrehutch.com
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Business Location


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Business Listed By:
Colton Braunsen

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