Movie Theater Investment Opportunity in Marquette, United States
Seeking investment for movie theater restoration in a historic building in Michigan town.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Movie Theaters |
| Locations | Marquette |
| Local Time | 4:47 AM America / Nipigon |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
700 thousand
for
30.0%
stake
(Native Currency: USD 700,000)
Reason: To restore the movie theater.
Business Overview
We are currently looking for an investor who will help restore a historic building in a city in Michigan. This project is estimated to be around $1.5 to $1.7 million which includes purchase of building and construction. The theater was built by an architect who helped build Radio City Music Hall and Rockefeller Center. Investors will see this business as profitable in the growing area, with huge tax breaks for being in a historic building. The plan is play sophisticated, financially successful films, plus to be an art house.
Products & Services Overview
Film, concessions, food, beverages, community gathering, historic value.
Facilities Overview
Two stories, auditorium, lobby, streamline modern marquee.
Capitalization Overview
Not Disclosed
Tags:
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