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Gardena Cinema for sale
posted by
GardenaCinema
on
July 1, 2008 at 3:48 pm
GARDENA, CA — The Gardena Cinema is for sale. $3.5M includes property, equipment, business, and collectibles. The owner wants to retire and will carry entire note. They’re willing to discount price if owner does not have to carry note. If interested, please . Check out the website for the theater.
Comments (4)
That’s a little pricey for such a small place. Not the greatest neighborhood either.
wow……..his place better be great with that price……….this will be on the market for YEARS!!!!!!!!!!!11
Price includes property, equipment (dolby digital and dts digital systems, dvd projection system, and Christie projector w/ 3 platters, 2 ice machines, all concession equipment), inventory, collectibles, and two occupied commercial rental units. 15 minutes to the beach, 30 minutes to downtown Los Angeles, 25 minutes to Long Beach, accessible to 4 major freeways (405, 110, 105, and 91), central to greater Los Angeles metropolitan area. What’s wrong with the neighborhood? Centrally situated in the South Bay area surrounded by Torrance, Compton, Hawthorne, El Segundo, Lawndale, Manhattan Beach, Redondo Beach, and South Los Angeles. Lots and lots of people living in the area w/ diverse demographics. Real estate market is down now, so price will only go up over time as the real estate market recovers. Asking price will increase next year!
Property is not that small. Lot is over 12,000 s.f. Building s.f. is over 12,000 s.f. Total seating capacity is 800. Located on very busy, high traffic count, Crenshaw Boulevard, between Rosecrans Avenue and Marine Avenue. Only 5 minutes north of El Camino College and 10 minutes south of Southwest College (2 local community colleges). Owner wants to retire and willing to carry back whole note. Where else can you find automatic financing like that? No banks involved and no need for good credit. This is a great opportunity for a young, energetic, hungry entrepreneur who wants to get into a very high startup & capital intensive business.