Outstanding entertainment sector opportunity

131-133 Jellicoe Street, Te Puke

By Negotiation

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Outstanding entertainment sector opportunity | 131-133 Jellicoe Street, Te Puke | 2304971 |      X Close

Outstanding entertainment sector opportunity

- Four Screen multiplex cinema complex

- Largest mega screen in Bay of Plenty

- Long established trading history

- Prime position in centre of Te Puke CBD

- Add value business opportunity

- Suit owner operator or a family

Built in 1929, the 'Capitol' is an iconic art deco building that is a landmark in the centre of the Te Puke CBD and home to a four screen multiplex cinema business. This is currently owner operated and being sold as a leasehold going concern.

Capitol Cinema 4 currently features the largest mega screen in the Bay of Plenty together with having both digital and 3D technology. There is seating capacity for approximately 413 movie goers to enjoy entertainment from the latest films available in New Zealand. The complex provides quality surroundings with the ambience of a bygone era where tickets please and rolled ice creams are still the norm.

Seven day trading together with the introduction of a liquor licence may well further entice customers to this box office complex and provide potential additional income / profitability to the business. Inhouse bar facilities have become popular in cinemas throughout New Zealand and the Vendor suggests that the former Candy Bar on level one could be converted for this purpose.

The New Zealand Cinema industry is an entertainment sector that is recording solid growth and Capitol Cinema 4 presents an outstanding opportunity for a new owner to capitalise on this box office trend in the Bay of Plenty - will it be you?

131-133 Jellicoe Street, Te Puke

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