Business For Sale Listing 152796
$40,000,000 Theatrical Event
Status as of Jan-7-2009 at 06:00 PM: Active
Business Summary
We currently represents the rights to a play in continuous production for over 12 years that has earned over $43,000,000 in ticket revenue. More than 1,700,000 patrons have bought tickets and attended the performance. In excess of $4,000,000 in distributions to equity stakeholders. The longest running play in the history of two US cities - one West Coast and the other Midwest - where it's been in continuous production for over 12 years and where, to this day, it is still in production and continues to draw a strong audience response. Productions of the play have run in more than 42 cities in the US and 12 across Canada, England, Ireland, Belgium, and Germany. Reported 2007 revenue of $2.5 million. Five cities in the United States will open at the end of 2008 and the beginning of 2009. Existing management team wants to remain to capitalize on very significant growth opportunities…production in many other cities throughout the US, other venues [dinner theatre, Off-Broadway, cruise ships, a possible movie and other alternatives]. Simple and inexpensive production elements…simple set, very few actors. A great comedy that appeals to all generations.
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