Humboldt County, CA Entertainment and Recreation Businesses For Sale

Fortuna 6-Screen Movie Theatre Business & Real Estate
$1,250,000 Cash Flow: $0
Fortuna 6-Screen Movie Theatre Business & Real Estate

Fortuna, CA

Fortuna 6 Theatres 1241 Main Street, Fortuna, CA. Located in Downtown Fortuna, CA. The cinema complex is the anchor of Fortunas downtown and the only multiplex serving Southern Humboldt County. The building consists of a 12,720 sq. ft. 6-screen theatre complex and includes two storefronts that have been converted for the theatre s use one is a game room and the other is a screening room with 18 seats. All auditoriums feature stadium seating and digital projection and sound. The main auditorium features the largest individual screen between Santa Rosa and the Oregon border. Cinema West purchased the dilapidated and closed single screen Fortuna Theatre in 1999. The building was completely renovated and converted into a 3-screen theatre that year. The following year, Cinema West purchased an adjacent property and constructed a 3-screen addition. In 2007, the theatre licensed and installed digital projectors in all of its auditoriums. In 2008, a RealD 3D system was installed and this year a 2nd 3D system and enlarged new screen were installed in the largest auditorium. The entire building is fully fire sprinklered and meets ADA and California accessibility requirements. The offering includes the real estate, all owned equipment and the license for the digital projectors and 3D equipment. The digital projection system was manufactured by and is maintained by Christie Digital Systems, a recognized leader in digital projection technology. The theatre is the first all-digital projection equipped theatre in Humboldt County and is also equipped with a computerized advance ticketing and credit card processing system. The 18-seat screening room has not been used since it was constructed 8 years ago. CBRE completed an appraisal of the real property in September of 2008, valuing it at $1,650,000. The source of the building square footage quoted herein is the appraisal and is subject to confirmation by a prospective buyer.


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