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Hoyts Pennsauken 10
posted by
OceaniaM08
on
February 1, 2008 at 9:40 am
The Hoyts Cinema in Pennsauken, NJ has been closed for six years it’s just sitting here waiting for someone to reopen it. I think I should reopen it. Will it be a good investment even though there’s a AMC/Loews down the road?
Comments (11)
IF YOU CAN LEASE MAYBE NOT TO BUY!
It failed as a 1st run theater due to the Cherry Hill multiplex so why “maybe” would it be a good investment to lease, LongIslandMovies?
1st i do not believe in you should own your theater building. If you take the last 20 -25 years of theaters most are closed and hard to sell.
Just because HOYTS could not make a go of it does not mean a good indi cant.
My theater plays with over 100 screens (major chains within 2 to 10 miles)and we kick there ass per screen every week.(we are the only indi)
Just have to know how to do it!
I’ve been to a Hoyts theater while on vacation in Maine with my family during 1999, when Blair Witch played there, and again in 2002, when Minority Report opened in Queensbury, NY. Both theaters have since changed hands to Regals and are not like that Regal theatre in South Plainfield with stadium seating and digital sound (once a Magic Cinemas). The company originated from Australia, but has since sold its US operations to the largest movie exhibitor in America. Companies like Regal, AMC, and Cinemark want to rely more on newer complexes rather than older ones, which is what Clearview is doing and improving on.
HOWARD IF YOU KNOW OF ANY THEATERS FOR SALE ON THE EAST COAST (SOUTHEAST) LET ME KNOW ..LOKING FOR 1 NEW THEATER FOR 08.
Justin, this wonderful Hoyts theater was stadium seated. I saw movies there, and have seen movies at the 24 screener.
The Hoyts will not reopen because there’s not more demand for movies in that location than the AMC/Loews. Repeat: the Hoyts will not reopen for movies.
I have seen it every day when they say you cant ..Put an alamo draft house in there you will be packed !!
Well, that might be different.
There are a few old theatres that still make it. For example, The Commodore Theatre in downtown Portsmouth, Virginia serves traditional theatre fare (popcorn, candy, drinks) in their balcony with traditional theatre seating. On the main floor they serve meals to patrons seated at tables. The screen is HUGE and the theatre has been totally restored. Their ticket prices are less than the BIG GUNS and they do extremely well with first run pics like the new Indiana Jones flick. It can be done.
Another theatre worth checking out is the 63 Year Old San Marco Theatre in Jacksonville, Florida!