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Author Topic: marketing a theatre Ramin Hashemi Expert Film Handler Posts: 129 From: Houston TX Registered: Sep 2004 posted 02-10-2008 09:21 PM                     Does anyone have experience in marketing a theatre for sale? We have a small theatre (3 screens, with space to expand) in a small town (about 30k people) in southern Ca. Any advice would be appreciated. thanks  |  IP: Logged Mike Blakesley Film God Posts: 12767 From: Forsyth, Montana Registered: Jun 99 posted 02-11-2008 09:30 AM                        1. Call a real estate agent 2. Put an ad in Boxoffice 3. Put an ad here on Film-Tech in the Equipment wanted/For Sale forum. #1 is faster, #2 is cheaper. #3 is free.  |  IP: Logged Brad Allen Jedi Master Film Handler Posts: 688 From: Evansville, IN, USA Registered: May 2000 posted 02-11-2008 06:56 PM                     Put it up for sale on E-bay. Local radio station was sold this way.  |  IP: Logged Ramin Hashemi Expert Film Handler Posts: 129 From: Houston TX Registered: Sep 2004 posted 02-11-2008 07:12 PM                     thanks, I was also hoping to get ideas on have to put a value on it. It does not include the real estate, so price will be based on income and equipment I guess. I am not sure what the multiple for a theatre would be.  |  IP: Logged Brad Allen Jedi Master Film Handler Posts: 688 From: Evansville, IN, USA Registered: May 2000 posted 02-13-2008 06:05 PM                     I've heard anywhere from 4 to 8 times after tax profit.  |  IP: Logged David Zylstra Master Film Handler Posts: 432 From: Novi, MI, USA Registered: Mar 2007 posted 02-13-2008 07:28 PM                     Some companies put their value at 7 times EBIDTA (Earnings Before Interest, Depreciation, Taxes and Amortization).  |  IP: Logged Mike Blakesley Film God Posts: 12767 From: Forsyth, Montana Registered: Jun 99 posted 02-13-2008 11:56 PM                        A former owner of a neighboring theatre once told me, if you're pricing a theatre, take your year's gross. Add a bit if your property is very nice, take some off if it needs work. He sold his theatre pretty much using that formula.  |  IP: Logged Ramin Hashemi Expert Film Handler Posts: 129 From: Houston TX Registered: Sep 2004 posted 02-14-2008 10:56 AM                     seems like one gets the same number by using EBIDT and Gross. thanks  |  IP: Logged

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