Summary
Two-screen operation with community, school and fundraising appeal
About the Business
This is an excellent opportunity to acquire a two-screen cinema with 275 seats, screening the latest film releases alongside fundraising films, community events and private sessions for schools and colleges. The business generates approximately $800,000 in annual revenue and adjusted EBITDA of $226,791, with approximately $400,000 in estimated market value of assets included in the sale. The cinema has recently undergone renovations including new carpet, chairs, signage, video security, computer hardware and updated TAPOS and online booking software.
The business benefits from a broad catchment of approximately 45,000 people and limited nearby competition, with the next closest cinema more than 70km away. It has developed strong relationships with community groups, schools and colleges, including private screenings for special events and end-of-year activities, while membership of the Independent Cinema Association provides access to industry information, release dates, Australian box office returns, marketing guidance and other industry support. The business operates with one part-time staff member, 12 juniors for weekends and school holidays and two casual cleaners.
The current owners have been involved with the business since 2018 and were part of the original group that built and operated the cinema. Owner 1 works approximately 40 hours per week across film bookings, marketing, invoicing, stock ordering, film programming, website management and general duties, while Owner 2 works approximately 10 hours per week from home handling wages, debtors and banking. With the owners now seeking to retire, the business presents an opportunity for a new owner to take over an established operating model with upcoming film releases through late 2026 and 2027.
*** Please note: We have used stock photos to protect the confidentiality and goodwill of the business. The pictures are indicative only.
Connect with us