Feedback

Find a Business

Iconic Art Deco Twin Cinema

Iconic Art Deco Twin Cinema
Price Freehold and Business $2,145,000

Details

Price Freehold and Business $2,145,000
Location Victor Harbor SA
Categories Retail – Entertainment/Tech
Date Listed 5th May, 2016
Listing ID 3544

Description

Iconic Art Deco Twin Cinema

- Victa Cinema -

Established in 1924 - old world charm with modern comforts

Two cinemas, both cinemas have been upgraded in recent years with comfy seats & 2k digital projection

3D equipment was installed in Cinema 2, proving very popular with patrons

Business showing consistent sales over many years

Most profitable business showing an impressive 46% return on owner's investment

The freehold consists of a beautiful art deco building of some 658sqm

Vendors purchased the business in 2005 and have improved the business and property during that time, they are now looking to retire

Tony Iasiello 0412 217 608