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Author
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Topic: new 3 plex
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Paul G. Thompson
The Weenie Man
Posts: 4718
From: Mount Vernon WA USA
Registered: Nov 2000
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posted 06-30-2002 02:11 AM
You might want to take a look at the area draw, and not just the city. Is is a movie going town or not?I know of a two-screen theatre in a town of 6,000 that has trouble surviving. On the same token, I knew of a 6-screen house in a town of 6,000 that was a gold mine, and 4 screens were added. That made it a bigger goldmine until a corporate purchased it. Last I heard, it was doing poorly. Before you make the leap, do alot of footwork. How far away is the comptition? Can you go state-of-the-art for your dream? How many seats? does it "pencil out" under the worse conditions, such as horrible product? I am a grease monkey - so these are just a few thoughts I would have. Maybe they mean nothing.....who knows?
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David Stambaugh
Film God
Posts: 4021
From: Eugene, Oregon
Registered: Jan 2002
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posted 07-01-2002 05:46 PM
Phil, how far away is the closest competing theater from this town (in drive time)? Is it a stand-alone theater? Or is it part of a mall or some other separate "attraction" that draws people? If there's a major mall with restaurants and a movie multiplex 20 minutes away, when someone in your small town wants to get out, see a movie, and maybe do some shopping or go to a restaurant, what are they likely to do? Go to the local movie theater, or go to the "big city"? Around here, Cinemark 17 in Springfield killed a 2-screen theater in Cottage Grove, barely 20 mins. away, population ~10,000. Cinemark is in a major mall.
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