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I have 3 theatres in orange county calif. for sale. A Six plex in the mall. A current 5 plex right next to the freeway and my original 3 plex. A 2.2 million dollar gross. We’ve been open for 12 years. First run and a net of 14 to 23%.
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"> or 714-579-SHOW
May the force be with you….ALWAYS:)
The AMC 20 Mega Plex is less than a mile away. They clear the Fox Fullerton which means, the only film you’ll be able to play is the 21st best film out. Can you imagine what that film is right now? The city council knows this and they know that the Fox Fullerton project will cost from 10 to 20 million dollars. That means anybody that wants to restore, repair, replace, rebuild or remodle the theatre will only have 3.3 million towards that final cost of tens of millions. The bad news is when you come up with enough money to complete the project, you will have spent more money on it than old man Edwards spent on the Spectrum thats 21 screens with no competition, and the fullerton redevelopment agency will be able to tell you what you can and can’t do and how to spend all your money for the small price of $1.65 million. What a deal for them. Why do you think it’s sat empty for this long. We have tried to reopen the theatre for 20 years. The number one reason the theatre stays closed is the fullerton redevelopment agency! They told us to go and get some experience and they would talk to us. Well we did, we opened The old Villa theatre in Orange and recieved a redevelopment loan of $175,000 added to that ourselves our lifes savings and a few more loans and Captain Bloods Village Theatres has been opened ever since. We went back to them and they lied to us about $5 million in help. Backing up to $0 in the end. So we opened 3 more theatres The Mainplace Theatres 6 in Santa Ana , The Woodbridge Family 5 in Irvine and Captains Family Theatres Brea 5, notice all 4 theatres are in North Orange county just like the Fox Fullerton. Mayors and city council come and go but the people at the redevelopment agency stay and get in the way. His name is Terry and he and the owner of the property Ed have had a childish public fight for 20 years. All Fullerton residents should call for their heads. How ugly is this building? how embarrassing is it for Fullerton residents? I would restore it at no cost to the residents of fullerton. For some reason redevelopment dos'nt like that idea. Why? Against the AMC 20 plex less than a mile away in Fullerton and on the same street it has no chance of being economically viable as a first run theatre. The only reasonable use is to reopen it and play art and classic films there and maybe offer a festival or two and add to the culture of the city. Nights in Fullerton would never be the same. Todd and Cathy Blood 714-579-SHOW
The old theatre is gone.
The owner of this theatre is Ed Lewis and he is insane.