Visit this listing at https://www.sbx.com.au/business?id=TTQE1016

Business Code: TTQE1016

Key Features: Cinemas - Entertainment - Movie Theatre - North Coast Nsw

State: NSW

Suburb: Kingscliff, 2487

Location: Operating within the Northern NSW - Gold Coast region situated on the coastline in a popular tourist location

Description

Entertainment complex - Gold class style cinemas / Licensed venue / Dine in facilities` - 63 cinema seats, 10 long tables, 10 round tables, foyer furniture, 20 chairs & 5 tables, 1 upright freezer, 1 refrigerator, 1 pizza oven, 2 microwaves, 1 dishwasher, 1 popcorn machine, crockery, cutlery and glassware.

Summary

  • Features: Well established social media following - Regular clientele - No competition in the area.
  • Potential: Huge potential for growth - additional third cinema is well needed with rapid growth in the surrounding suburbs.
  • Premises: This business has an area of 150m2.
  • Trading Hours: 7 days - Mon. - Sun. - 10:00 a.m.- 8:00 p.m.
  • Lease: 3 + 3 year lease commencing July, 2018 - 3 month bond - no C.P.I. increases.
  • Employees: 3 owners + 3 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$5,530

Cost of Goods

$1,659

Gross Profit

$3,871

Rent

$1,300

Wages

$300

Outgoings

$200

Electricity

$230

Misc1

$273

Coffee Kilos P/W

10

Total Expenses

$2,303

Net Profit

$1,568

Price

$385,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cinemas - Entertainment

Business Code: TTQE1016
Price: $385,000

Key Features: Cinemas - Entertainment - Movie Theatre - North Coast Nsw

State: NSW

Suburb: Kingscliff, 2487

Location: Operating within the Northern NSW - Gold Coast region situated on the coastline in a popular tourist location

Description

Entertainment complex - Gold class style cinemas / Licensed venue / Dine in facilities` - 63 cinema seats, 10 long tables, 10 round tables, foyer furniture, 20 chairs & 5 tables, 1 upright freezer, 1 refrigerator, 1 pizza oven, 2 microwaves, 1 dishwasher, 1 popcorn machine, crockery, cutlery and glassware.

Summary

  • Features: Well established social media following - Regular clientele - No competition in the area.
  • Potential: Huge potential for growth - additional third cinema is well needed with rapid growth in the surrounding suburbs.
  • Premises: This business has an area of 150m2.
  • Trading Hours: 7 days - Mon. - Sun. - 10:00 a.m.- 8:00 p.m.
  • Lease: 3 + 3 year lease commencing July, 2018 - 3 month bond - no C.P.I. increases.
  • Employees: 3 owners + 3 casuals
  • Sale Reason: Retirement
  • Comments: Rare opportunity to purchase this business in a very strong population growth area,with massive infrastructure and residential growth happening in the area. - Currently running 2 cinemas with 63 seats between the 2. - A third cinema is in the process of construction adding another approx. 15 - 20 seats. - All offers will be submitted.
    First time up for sale in 9 years -

Weekly Summary

Weekly Takings
(inc GST)

$5,530

Cost of Goods

$1,659

Gross Profit

$3,871

Rent (ex GST)

$1,300

Wages

$300

Outgoings

$200

Electricity

$230

Misc1

$273

Coffee Kilos P/W

10

Total Expenses

$2,303

Net Profit

$1,568

Price

$385,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.