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St. Cloud Theatre Company, Inc.The St. Cloud Theatre Company, Inc. proposes to lease, renovate and operate the oldState Theatre on 274 State Street. Second run movies will be shown nightly except onMonday nights. While the Cineplex on Main Street offers first run movies at premiumprices, there currently is no theatre in the area showing second run movies at slightlydiscounted prices. We believe that the St. Cloud Theatre will be attractive the manyseniors and students living in the area.The attached cash budget details the forecasted revenues and expenditures anticipated inthe next three years.
St. Cloud Theatre Company, Inc.Pro Forma Cash BudgetYear Ended December 31, 200XYear 2Year 3Three-YearPre opening3MonthsPost opening9MonthsPeriodCash, Beginning Balance6,100$15,480$20,954$CASH RECEIPTS:Ticket SalesVolume(FN1)32,00045,00052,000129,000$Ticket Price (avg)7.00$7.00$8.00$Revenue224,000$315,000$416,000$955,000$Concession SalesVolume (.6 ticket vol)24,00027,00031,20082,200$Candy Price (avg)2.50$2.50$2.75$Revenue60,000$67,500$85,800$213,300$Total cash from customers284,000$382,500$501,800$1,168,300$TOTAL CASH AVAILABLE290,100$