A Cine Theater with Vacant Land for Sale in Vellore
About Business
This Sole Proprietorship business is operational since 1982. The theater is situated in the main city, very near to national highway & railway station, in the middle of other famous cine theater.
Seating capacity: 650
The theater has 1 movie screen, food stall and the total land area is 36,473 sq.ft. with 100% water facility. When the theater is Houseful they make the collection of INR 70,000-90,000 per day. Total number of employees working is 23.
The turnover for FY 2017-18 was INR 36 lakhs and net profit was INR 26.4 lakhs. Asking price is INR 12 Cr (including all the infrastructure, land)
Reason
Old age, no one to run the business
Keywords
Business Exit for ₹10 Cr – 200 Cr
Structured Transition Completed in 120 Days
Credible Buyer Connections, Confidential Discussions, and Seamless Closure
Supported by Advisors with 26+ Years of Experience