If you do do it, which I personally wouldn’t.
But if you’re like, I have to own movie theaters, its my dream!!!
Then you have to put money into to update the experience and make it a destination event. Make it better than just food and drinks and recliners and maybe show indie movies that other theaters aren’t showing and you can’t get streaming.
But if you show indies you have to market them hard.
There are plenty of other great investments out there, that have a higher long term probability of success.
Make sure you in an opportunity on the upswing, not down.
I have a buddy that makes 1.5mill a year with a maid service.
Her recommends it but is tired of it and kind of trying to sell it.
It’s a good business, but kind of caps at a point in a city.