RAE Entertainment Group, Inc.
Bringing big cinema experience without the big cinema price!
- expansion over 6 months to add $1.4 million in revenue
- NOI in 2017 projected at $340k+
- Growth plan to reach $6 million annual revenue in 2 years
Our cinema has proven a need for a value driven family entertainment destination. We believe our brand can fill that void within the exhibition industry. we offer value without losing experience.
We are a one year old Cinema Management Company. RAE Entertainment Group, Inc. believes in exceptional customer service and provide the Big Cinema Experience without the Big Cinema Price.
RAE Entertainment Group, Inc. was the product of Joshua and Martin Evans father and son team. We always knew we wanted to go into business with each other and this is an industry we both have a passion and interest in.
The company has one 6 screen cinema location that plays films in their 2nd run in theaters. typically playing films 3-6 weeks off release date. at $2 matinee and $3 evenings we see roughly 16k customers a month and have revenue avergaing $80k a month. We have a 2nd location with 8 screens in a regional mall in Alabama that is 90% complete and ready to open.
Our company was founded on good family values. We train our employees to treat every customer like family and be genuinely grateful they chose to visit our establishment. We have a huge local following and believe we can duplicate our process and systems to provide families, seniors and youth an affordable place to see the biggest block buster films, all time favorite classics and special programming that some main stream cinema chains leave out.
We are seeking partners to help us take our business to the next level, invest capital to open the locations we have in development and help us grow to our goal of $5 million annual revenue by 2018.