East Bend Drive-In

Highway 67 and Speedway Drive,
East Bend, NC 27018

Unfavorite 2 people favorited this theater

Showing 9 comments

Mmandarano
Mmandarano on November 6, 2013 at 11:12 am

I’m not sure. I actually was going to buy it, but I had promised myself to not go over $30k. I had a pre-qual drawn up to $35k just to have a little overhead. This bid was in and they wanted $33k and I stuck to my guns. I was planning on re-opening if I bought, but the ROI was suspect. I had quotes on screen ($85k), digital projector ($70k), building upfit ($100k) and new appliances in the concession stand (roughly $45k). So, roughly a $330k investment. Unfortunately, I’m not sure with a loan of nearly $3k a month, the location, the seasonal nature of drive-ins, etc. I could have really done that well. I probably could have made a living, and kind of hate I didn’t go a little higher just to have the land and see where it goes, but I am happy I stuck to my guns too. Easy to get auction fever and keep throwing the hand up.

Drive-In 54
Drive-In 54 on November 5, 2013 at 6:51 pm

So what are the new owners going to do with? It’s to bad that it could not be reopened.

Mmandarano
Mmandarano on November 5, 2013 at 12:36 pm

Property sold this Saturday at absolute auction for $31,000. 6.3 acres, concession stand, ticket booth, dilapidated screen. Land is still nicely graded.

jwmovies
jwmovies on September 28, 2012 at 2:21 am

Approx. location around 9299 North Carolina 67. Note: Speedway Dr. was to the LEFT of the drive-in next to the entrance; now to the RIGHT (rear) of where the drive-in is located.

Drive-In 54
Drive-In 54 on April 29, 2012 at 12:57 pm

Goggle Earth View 2009

Mike Rogers
Mike Rogers on February 21, 2011 at 3:47 pm

thanks Silicon Sam.

Silicon Sam
Silicon Sam on February 18, 2011 at 11:45 pm

On 67 East of town, at Speedway Drive, there’s still a screen, and what looks to be a ticket booth and projection building still standing. At least as far as the current image n Google Street View.

http://goo.gl/maps/Gvr6

Mike Rogers
Mike Rogers on February 18, 2011 at 7:14 pm

It might have been off HWY 67 east of town,Not sure guys.