Thoughts on opening a movie theater in a small town
Before I dive in, just wanted to say this is an idea we’re playing with, nothing serious yet so we haven’t looked into finances or anything yet…
I live in a small town where all there is to do at night is go to the bar.
Theres a building that is rumored to go up for sale. It has a store up front, big room with a stage screen and projector in the back (fits about 100 people), office space upstairs and apartments too. I already have a few small businesses but im toying with the idea of buying the building and renting out the spaces, but making it a movie theater in the back. Like I said there’s not much to do at night and it would be fun to have something community focused. The nearest theater is two hours away so there’s not much competition, but the little research I’ve done it says theaters aren’t the best investment. To me it would be more about providing a service for the community and know the theater wouldn’t be a big money maker and hope the rest of the rentals would be enough to to keep the theater going. I do have a few other small businesses and one of them I have access to snacks and drinks for concessions. Is this a dumb idea that will cost me more money than it’s worth? Like I said it’s just an idea at this point.