Long-Established Cinema for Sale - Kyogle, NSW - Strong Turnover - Fully Equipped - Property Included - Loyal Customer Base - Asking Price: $1.1M
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About this business
In the broker's words
Full description, as written by the brokerAre you ready to step into a thriving leisure & entertainment industry with loyal community support?
Here is an excellent chance to acquire a well-established cinema business in the heart of Kyogle, a beautiful town in the Northern Rivers region of NSW, Australia. Trading successfully for over 25 years, this established business generates an impressive annual turnover of approximately and continues to attract a steady stream of local audiences. With a strong operating history, consistent customer demand and opportunities for further growth, this business offers an attractive investment in the entertainment industry.
The investment includes three fully air-conditioned cinemas and a candy bar. New owners can further expand the business by introducing a stylish cafe or restaurant with seating for approximately 60 people, enhancing the existing food and beverage offerings and creating additional revenue streams.
The sale includes all necessary equipment and the freehold property, allowing buyers to own both the operating business and the premises.
Currently staffed by two employees per shift, the business requires a small team of approximately 3-4 casual staff to manage daily operations. The current owner is willing to provide two weeks of training to ensure a smooth transition for the incoming owner.
Additional benefits include strong marketing support through social media and web promotions, an established loyal customer base and several opportunities to expand revenue through special events, themed screenings and the introduction of Gold Class seating.
KEY FEATURES:
*Long-established cinema business with over 25 years of operating history
- Candy bar revenue with potential cafe or restaurant expansion
- Strong annual turnover
- Equipment and freehold property included in the sale
- Ample seating capacity with over 280 seats
- Simple operations requiring a small team
- Convenient customer parking
- Strong community support
- Loyal and established customer base
- Strong marketing support through social media and web promotions
- High growth potential through multiple revenue streams
- Two weeks of training provided by the current owner
This is an exceptional opportunity to acquire an established entertainment business with strong foundations, valuable assets and significant potential for future growth. Whether you are an experienced operator or an entrepreneur looking to enter the entertainment industry, this cinema offers an excellent platform to build on its existing success.
Key facts
Details are as stated by the broker.
- Business type
- Cinema
- Established
- over 25 years (from the broker's description)
Details are as stated by the broker in the description and have not been checked by Business For Sale.
Location
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