How Small Cinemas Make Money
Today mini-cinemas are increasingly opening. You can take on this business yourself if none exists. This article explains how to open a small cinema. Recently this business became popular despite obstacles for small cinemas. Its appeal is clear – large investments not needed, easy to fill the hall, few competitors, and profit after 3-5 months. But why don’t all hurry to open this tempting business?
Start-Up Requirements and Revenue Generation
- Start with a 3D cinema business plan needing 500 thousand rubles, paying off in 1-2 years if properly organized. The plan should allow additional services – photo zone, souvenir kiosk, bar, children’s room. Often, extra services bring 50% of income.
- Cinemas get 40% of ticket sales. Concessions help pay overhead like salaries, rent, and cleaning. Advertising also contributes.
- Major costs are rental, equipment, labor, and licensing films. Success depends on the paying audience brought per showing, influencing location choice. Soundproofing is key with neighboring businesses.
Starting a Theater Company
- Develop a mission statement.
- Choose a company name.
- Decide on management structure.
- Register as a business.
- Open a bank account.
- Develop budget.
- Raise money.
- Obtain necessary licenses.