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Bridgeway Cinema, Northcote For Sale

TheaterFor sale in Auckland, AucklandEst. 198713 employees

NZ$1,695,000

For Sale
Asking priceHybrid
  • Long lease in place

    The current lease runs for several more years.

  • Established 10+ years

    A track record buyers and lenders tend to trust.

About this business

Asking Price: $1,695,000 A rare opportunity to acquire one of Auckland's most iconic entertainment businesses. Approaching its 100th anniversary in 2027, the Bridgeway Cinema has been a cherished part of Auckland's cultural landscape for generations, bringing memorable and award-winning films to loyal patrons from Northcote and across the region. Renowned as Auckland's premier destination for arthouse, independent and International Film Festival screenings, the cinema enjoys an outstanding reputation, strong community support and an established customer base. The complex comprises four screening theatres with seating capacities of 150, 120, 40 and 18, providing flexibility for mainstream releases, specialty screenings, private events and community programmes. Adding further value, the business includes rental income from the highly regarded Sfera Woodfire Trattoria, which operates within the complex and enhances the overall customer experience. Whether you are an experienced cinema operator, hospitality entrepreneur, investor, or a passionate custodian of Auckland's cultural heritage, the Bridgeway Cinema offers a unique chance to own a thriving and much-loved institution with a rich past and an exciting future. Price: $1,695,000 For further information and a confidential discussion, enquire today. Please complete the online confidentiality agreement by copying and pasting the link: https://www.kauribusiness.co.nz/ca-forms/ca-form-295 Post executing the NDA, we will be in touch with more information.  Michelle Boag Email: michelle.boag@kauribusiness.co.nz Mobile: 021 940 884 Kauri Business Sales (Licensed REAA 2008)

The numbers

How the asking price compares with what the business brings in each year.

  • Asking priceNZ$1,695,000
  • Annual RevenueNZ$2,039,774
0.8×
Price to revenue
EBITDA
NZ$389,512

Details

1987
Established · 39 yrs
13
Employees
Hybrid
Sale Type
Theater
Business type
Leased
Premises

Property & lease

Premises
Leased
Rent (yearly)
NZ$220,000
Lease Expiration
Nov 30, 2040
Lease Renewable
Yes

Where it is · Auckland, Auckland

Somewhere in Auckland, Auckland. The exact address is not on this listing.

Somewhere in Auckland, Auckland

Ad#:7861

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