Christchurch Boutique Cinema for Sale After 30 Years of Family Ownership
1 report, 1 independent
Updated Oct 19
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What happened
Academy Gold Cinema, a boutique theatre in Christchurch, has been put on the market for sale after being family-owned for 30 years. The cinema reported an annual revenue of about $989,000 and a profit of about $225,000 in the 2026 financial year. The original Academy Cinema in Christchurch was managed by Rodney Cook.
From odt.co.nz
Why it matters
The sale occurs as the cinema industry continues to recover from the impact of the Covid pandemic. The listing indicates the three-screen cinema is currently trading well, despite the long road to recovery for many businesses in the sector.
From odt.co.nz
Who's involved
- Academy CinemaBoutique cinema currently being offered for sale
- Rodney CookFormer manager of the original Academy Cinema
- ChristchurchLocation of the boutique cinema
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The entities involved
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Academy Cinema
former cinema in the Stokes Croft area of Bristol, England, later used as chapel, bar and live venue
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