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Feasibility Report for 132 Seat Cinema and Food Court

In Nigeria today, especially in big cities such as Lagos, Abuja and Port Harcourt, watching movies on TV screen has become ‘old fashioned’; cinema is the new style and movie buffs prefer the big screen. These cinemas are often located in shopping malls, games arcades with restaurants and drink concessions to attract customers to the cinemas. This feasibility report is for a 132 seat cinema with a food court.


Description

In Nigeria today, especially in big cities such as Lagos, Abuja and Port Harcourt, watching movies on TV screen has become ‘old fashioned’; cinema is the new style and movie buffs prefer the big screen. These cinemas are often located in shopping malls, games arcades with restaurants and drink concessions to attract customers to the cinemas.

The main cinema companies in Nigeria are Film house, Silverbird, Genesis Deluxe and Ozone which are collectively in 24 locations with a total of 135 screens as at 2016.  As at 2016 the total value of goods and Services from Motion Pictures, Sound recording and Music production was N1.2 trillion. Extrapolated data for cinema movie tickets sold in 2016 showed a total of N3.5 billion for both Nollywood and international films. With the return of the cinemas as pioneered by Ben Murray Bruce’s Silverbird Cinemas in 2004, several producers have seemingly found a way of evading pirates by taking their movies for public viewing. Except for the major cities of Lagos, Abuja and portharcourt and more recently Akure, Uyo, Ibadan, Owerri and Kano most other towns in Nigeria have no cinemas despite the the very obvious need to create outlets for the Nigerian and international films and meet the population’s need for recreation.

This feasibility report is for a 132 seat cinema with a food court.

Table of Contents - Feasibility Report

1. Glossary

2. List of Acronyms

3. Executive summary

4. The Business Opportunity

·         Problems worth solving

·         Solutions

·         About the Project

5. Business Environment review

6. Description of the industry

·         Industry size

·         Key Players

·         Industry trends

7. Description of the Market

·         Profiles of Market Segments and amount spent

·         Market trends

8. Operational plan

·         Product or Service offerings

·         Production Types

·         Capacity, size and types of Facilities and Equipment

·         Supply chain description and major suppliers

·         Production Process

·         Regulatory requirements

9. Personnel needed and availability

10. Five years financial Planning Model with

  •          Sensitivity Analysis

·         Costs and Revenue Assumptions

·         Balance Sheet

·         Income Statement

·         Cash flow statement

·         Investment analysis

·         Financial Ratios

 11. Risk analysis and Mitigation

12. Conclusion

13. References

14. Appendices

 

 

 

Report Details

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