Olds Cinema

Olds, AB
Asking Price: $307,267 ($425,000 CAD)
Business For Sale Details
Listed on Sep 4, 2025(Renewed on Jan 5, 2026)

This historic cinema has been a cornerstone of the community since 1925. Over the past century, it has welcomed generations of moviegoers, witnessed the arrival of the talkies, brought wartime newsreels to audiences during WWII, and transitioned seamlessly from reel-to-reel projection to today’s digital format—all sustained by the enduring support of loyal patrons.

Now celebrating 100 years, the theatre remains strong and full of potential. Its spacious layout and unique character make it more than just a cinema—it’s a community gathering place. Beyond regular screenings, the venue is well-suited for live performances, private events, film festivals, or even conversion into a twin-screen theatre, opening the door to multiple streams of revenue.

This is an ideal venture for someone seeking a well-established, easy-to-manage business that requires minimal physical labour while still offering room for creativity and expansion. With its rich history, prime location, and untapped opportunities, it offers not just a business, but the chance to own a beloved landmark and shape its future for the next generation.

WHY THIS BUSINESS:
• Heritage & Legacy
• Established and Trusted
• Low-Overhead, Easy to Operate
• Growth Potential
• Community Impact

*Note: Land and building included in the asking price
*Cash flow is represented as normalized earnings

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Financials (USD)

Asking Price $307,267

Cash Flow $45,254

Sales $128,320

Converted From CAD

Exchange Rate $0.72

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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