Olds Cinema
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
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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