Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
Premises Size (square feet)6,440
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Welcome to the historic Stettler landmark, the Jewel Theatre. This beloved movie theatre has been a cornerstone of Central Alberta for 70 years. It boasts a 200-person auditorium, a beautiful, fully renovated lobby and concession area, and (of course) the iconic marquee that has been a symbol of the town for seven decades. The grand theatre features a brand new, state-of-the-laser projector, a 30ft Silver Screen, and high-end surround sound for the ultimate movie experience. The auditorium is licensed through AGLC, has a new, modern fire alarm system and with a capacity of 203 seats, custom-built cinema tables and a 16ft “Party Table,” it is perfect for birthday parties, conferences, live music events, meetings, private functions and much more. In addition to the auditorium, you will find an approved kitchen and renovated office spaces with staff washrooms and a washer/dryer. The interior and exterior updates completed by the owners over the last two years are too extensive to list but include many electrical upgrades, a handicap washroom, new plumbing with replacement of sewer lines, new concession countertop, new commercial flooring, new paint inside and out, a new flat roof, and a brand new popcorn machine was installed on May 2nd. The building sits in a prime location on the busiest pedestrian corner in Stettler, with high local traffic and visibility. Everything has been done with the longevity of the theatre in mind making the business turn-key. If you are business-minded, don’t miss this chance to own this beloved theatre and a piece of our local history. (id:39198)
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