Movie Theater Equity Stake For Sale in Coro, Venezuela
Non-operational 16-year-old 500-seat cinema theatre in Coro, seeks investment to refurbish and reopen.
| Established | 10-20 year(s) |
| Employees | < 2 |
| Legal Entity | C Corporation |
| Reported Sales | USD 100 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Movie Theaters |
| Locations | Coro |
| Local Time | 7:42 PM America / Caracas |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
300 thousand
for
25.0%
stake
(Native Currency: USD 300,000)
Reason: Raising capital to restart cinema operations, purchase new equipment, refurbish the facility, and co...
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Business Overview
* Established 16 years ago, our movie theatre is located in Coro, Falcón, and has been a well-known entertainment venue in the local community.
* The theatre is currently non-operational, having closed approximately 5 years ago during the COVID-19 pandemic.
* When operational, the business generated approximately USD 100,000 in annual revenue. Given the increase in prices and market conditions since then, there is potential to generate higher revenue upon reopening.
* The theatre has a 500-seat capacity, providing significant potential for film screenings and other entertainment events.
* The owner is planning to reopen the theatre but need to replace and refurbish the existing setup, including screens, projectors, ticket booth, food counter, and related equipment.
* The business is seeking investment to fund the refurbishment and reopening of the cinema.
* The business is registered as a corporate entity, providing an established legal structure for investors.
* The theatre is currently non-operational, having closed approximately 5 years ago during the COVID-19 pandemic.
* When operational, the business generated approximately USD 100,000 in annual revenue. Given the increase in prices and market conditions since then, there is potential to generate higher revenue upon reopening.
* The theatre has a 500-seat capacity, providing significant potential for film screenings and other entertainment events.
* The owner is planning to reopen the theatre but need to replace and refurbish the existing setup, including screens, projectors, ticket booth, food counter, and related equipment.
* The business is seeking investment to fund the refurbishment and reopening of the cinema.
* The business is registered as a corporate entity, providing an established legal structure for investors.
Products & Services Overview
- Movie theatre services, including the exhibition of films to the general public, along with the sale of food and beverages such as popcorn and soft drinks.- Primary customers were local residents and moviegoers.
Assets Overview
Physical assets include the existing cinema setup, 500-seat seating capacity, screens, projectors, ticket booth, food counter, and related equipment; however, these assets have no significant current value as they are mostly damaged and heavily depreciated, and the entire setup needs to be replaced. Investors will be given stake only in the newly acquired assets.Intangible assets include operating history, local brand recognition, and goodwill.
Planned replacements include movie projectors, seating, banners/advertising, popcorn machine, soda machine and ticketing operating system.
Facilities Overview
The theatre is located in a popular shopping center in Coro, Falcón, in rented premises.
Capitalization Overview
Financed with the promoter's own capital, with no outstanding debts or loans.
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