Movie Tavern Inc.
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Movie Tavern Inc. - overview
Established
2001
Location
Dallas, TX, US
Primary Industry
Travel & Leisure
About
Movie Tavern Inc. is a cinema and dining experience company, offering moviegoers a unique blend of film and gastronomy in a comfortable setting, enhancing the traditional theater visit. Movie Tavern Inc. specializes in combining cinema and dining, providing patrons with a distinctive movie experience.
Founded in 2001 and headquartered in Dallas, US, the company has undergone a significant transition with its acquisition by Marcus Theatres. In November 2018, Marcus Theatres®, part of The Marcus Corporation, acquired Movie Tavern for a total deal value of USD 139 mn, which included USD 30 mn in cash and 2. 45 million shares of common stock. The acquisition closed in February 2019.
The most recent deal showcased the company's strategic pivot towards enhancing its footprint in the competitive cinema industry. Movie Tavern Inc. offers a diverse range of entertainment services that merge movie exhibition with dining. They provide various cinema formats, including IMAX and 4DX, as well as premium seating options with DreamLounger™ recliner seats.
Their in-theatre dining includes a selection of food and beverage offerings, catering to families and film enthusiasts across multiple states including Illinois, Wisconsin, Minnesota, and Texas. The revenue model of Movie Tavern Inc. is driven by ticket sales, concessions, and premium services. Customers engage directly through ticket purchases, with additional revenue generated from food and beverage sales.
Special promotions and events are utilized to attract a larger audience, while premium features allow for higher ticket pricing, streamlining the purchasing process for consumers through direct sales at theatres and online platforms. Looking ahead, Movie Tavern Inc. aims to leverage its recent acquisition to enhance its operational capabilities and expand its market presence. The company plans to introduce innovative dining and movie experiences, taking advantage of the investment from the Trade Sale valued at USD 139 mn completed in November 2018.
The focus will be on entering new markets and geographical regions, although specific locations and timelines have not been disclosed.
Primary Industry
Travel & Leisure
Sub Industries
Hospitality Services, Recreational & Entertainment Facilities, Restaurants & Nightlife
Website
www.movietavern.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Movie Tavern Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Movie Tavern Inc. | - | ||||||||
| Add-on | Completed | Movie Tavern Inc. | - |
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Movie Tavern Inc. - employee data
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