EntertainmentVerified Seller
Historic Fox Theater in Salinas, CA - $4.5M - Prime Entertainment Investment
Salinas, California
Asking Price$4,500,000
Annual RevenueUpon Request
EBITDA / Cash FlowUpon Request
Executive Overview
Rare opportunity to acquire a historic entertainment landmark in downtown Salinas, California, with exceptional potential for continued growth and community impact. Priced at $4,500,000, this turnkey venue offers a unique investment in a revitalizing urban market.
Key Investment Highlights
- •Prime downtown location at 241 Main St., Salinas
- •Fully renovated historic theatre with modern infrastructure
- •Includes valuable Type 47 liquor license with Type 58 endorsement
- •Existing bookings confirmed through 2024 and into 2025
- •Strategic proximity to Taylor Farms Headquarters
The Fox Theatre represents a meticulously maintained cultural asset, featuring comprehensive renovations including updated electrical systems, modern plumbing, roof maintenance, and critical earthquake retrofitting. Strategically positioned within the Downtown Salinas Vibrancy Plan, the property offers tremendous potential for continued entertainment and community engagement.
Current ownership has invested significant resources in preserving the venue's historic character while simultaneously modernizing its operational capabilities. Detailed financial information is available to qualified buyers through a confidential NDA process, ensuring transparency and providing a comprehensive understanding of this exceptional investment opportunity.