Is the Mini Cinema Business Promising?

[Suba]

Recently I received information about mini cinemas from a private bank where I am a customer and this bank is also willing to provide unsecured loans of up to $6000. According to the information I got, building a mini cinema business only requires initial capital of around $7,000. Managing a mini cinema is also not complicated and requires a lot of time, because mini cinemas are only operated on weekends and holidays when many people leave the house, so they are very suitable as a side business.

But after I studied, every business will certainly have obstacles, as is the case with mini cinema businesses where business people often encounter difficulties in getting the latest films, establishing relationships or collaborating with film producers or suppliers, and requiring high maintenance costs for electronic equipment. So in your opinion, is the mini cinema business promising?

 

[Fidelia]

Cinemas as a business has prospects in cities. It is a very tactical business to venture into though.

 

[Starmix]

For me, it seems that kind of business is no longer flashy or booming like in the past or before the pandemic and tech advances. At this time, young and old just glance at videos to watch their favorite movies, dramas, or the like.

 

[eLdavis]

I think this business is still very lucrative, especially when you are doing it in a rural area instead of urban area.

 

[Trush Jodie]

Cinemas might not be as popular as they were some 12 years ago. But they are still profitable if packaged well as a service.