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Shareholding in art-house cinema for sale

17 Mar 2010
Get free entry to any movie playing at the Academy for you and a guest for life, when you purchas

Get free entry to any movie playing at the Academy for you and a guest for life, when you purchase a 10% shareholding in this business.

Academy Cinemas Auckland Ltd is an independently owned and operated art-house movie theatre. The twin screen picture palace is located at 44 Lorne Street, underneath the City Library.

Get free entry to any movie playing at the Academy for you and a guest for life, when you purchase a 10% shareholding in this business.

Academy Cinemas Auckland Ltd is an independently owned and operated art-house movie theatre. The twin screen picture palace is located at 44 Lorne Street, underneath the City Library.

This is a rare opportunity to purchase part of an iconic cultural organisation, that has been running for 27 years. The remaining 90% of shares are held by the cinema manager, who works full time at the Academy.

The two auditoriums seat 214 and 16 patrons in the 'Academy' and 'Encore' cinemas respectively. Both screens can play digital films, and the Academy has the widest variety of screening equipment in the city. Including 35mm and 16mm projectors and a 1.3k digital projector that can screen from any digital format. Currently installed is a Digi Beta machine, Hard Drive, DVD and Blu Ray.

If you are a movie addict this opportunity will save you money on movie tickets in the long run. You'll also get free entry to films playing in all of the great film festivals hosted by the Academy too. Such as the World Cinema Showcase, the main International Film Festival in July , the Latin American Film Festival, Show Me Shorts Film Festival and many others (excluding screenings that sell out).

The Academy is a real pleasure to be associated with. The staff are friendly and knowledgeable about films. There is generally a new film opening every week so if you and a friend see one movie a week for free you'll already be saving $1,500 every year.

For more details check out the listing at: http://www.trademe.co.nz/Browse/Listing.aspx?id=277669375&permanent=0