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Movie Theater for Sale in Vijayapura, India

Non-operational, long-established cinema theatre business with owned land and theatre in a prime city-centre location.

Established 80-90 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 64 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Movie Theaters
Locations  Vijayapura
Local Time 1:15 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 2.43 million (Native Currency: INR 230,000,000)
Reason: Part of the shareholders want to exit the business; therefore, the owners are seeking a full sale bu... View More
Includes physical assets worth USD 2.43 million
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Business Overview
- Non-operational for 2 years, the cinema theatre business operated for 86 years in Vijayapura, Karnataka, and is located in a prime central area between the bus stand and railway station.
- The land was initially on lease and purchased as freehold 32 years ago.
- Cinema languages showcased a diverse selection of films in multiple languages: Kannada, Hindi and occasionally English, Telugu and Tamil.
- Business operated both through online and offline bookings, although the majority of revenue came through traditional walk-ins.
- The business has 2 permanent employees, apart from the shareholders, among which one of them is deaf and dumb and the other is closer to retirement age.
Products & Services Overview
Cinema exhibition services, screening films to the local and regional audience in Vijayapura city, Karnataka.
Assets Overview
Tangible assets:
- Freehold land in the centre of Vijayapura city, Karnataka (earlier leasehold, purchased 32 years ago), including the existing cinema theatre building, its structure and related fixtures and furniture.
- Equipment such as sound systems, projector, furniture, and fittings are included, along with an old cinema theatre building featuring teak wood interiors, which form the key saleable assets.

Intangible assets:
- Cinema License.
- Private limited entity.
Facilities Overview
- Cinema theatre facility on freehold land in the centre of Vijayapura city (Bijapur), Karnataka, previously leasehold and purchased 32 years ago.
- The building consists of two floors (ground and balcony) with a built-up area of 11,600 sq. ft.
- The property is located in a prime high-footfall area between the bus stand and railway station.
- The built-up area features teak wood interiors and includes a designated space for food and snacks.
Capitalization Overview
The business is funded by equity from multiple shareholders and is owned by three family members, with ownership stakes of 37.5%, 37.5%, and 25%. There are no outstanding loans or charges on the property, and the title is clear.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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