Drive-In Movie Co. Popular Post Covid-19 Events

Listing Details:

• Price: $90,000 
• Gross Revenue: $83,345 
• Sellers Discretionary Earnings: $49,735
• Location: Eastern Twin Cities Area 
• Employees: 8 
• Years Owned: 8 
• FF&E: $206,485 
• Financing: $70,000 
• Support & Training: 4 weeks 
• Reason for Selling: Retirement

Business Description

This one-of-a-kind outdoor and indoor movie provider specializes in turn-key entertainment services in the Twin Cities and all surrounding states. This business has experienced consistently growing sales and earnings over the past 3 years. They are experts in planning and execution of events that are family friendly, inspire community unity, and add value for community events. Their technicians handle all transport, set-up, and take down of equipment. This profitable business is fully staffed and can be operated passively or actively with low owner weekly hours, if desired. Their excellent reviews and testimonials as well as high repeat business rates are indicative of their quality of service and positive event experiences. Buyers will need a garage or similar sized facility to store the equipment.

History

The business has been in existence for 15 years with the current owners operating it for the last 8 years.  Complete training and operating procedures and manuals have been documented and ensure smooth events.

Competitive Overview

Take advantage of the pent up demand to get out of the house and attend an old fashioned drive in theater while other theater venues remain closed.  This is truly a unique business. There is no direct competition for their specialized services in the Midwest.  State of the art equipment and expert technical staff make for stress free events. 

Growth Potential

The peak season runs from May through September, with most weekends booked at capacity for current equipment and staffing resources. Addition of staff and equipment packages would be expected to increase sales incrementally as desired. This business could be easily replicated in other regions and is perfectly suited for a franchise development model if buyer desires.