Re-Opening a historic single-screen, but need help!
There is a historic one screen theatre that closed last week due to bankruptcy and I am very seriously considering purchasing and re-opening it. But I need some guidance to figure out how I can make it a viable operation. I have all the information about the business and the building but I’m not sure whether to spend money on fixing it up right away or not. Also whether to run first run movies or go with films that have been out a couple weeks.
It has almost 300 seats. It’s in a small community that supports and wants this theatre. It’s not in terrible shape but has some issues. I see it as a very viable business opportunity, not to mention how nice it would be to keep in the community!