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Admission tickets will cost $3.00 per person (all ages) per movie. The area of the abandoned theatre is 3,000 sq.ft. Although abandoned, the theatre is not in complete despair. Foundation is still sound, but interior will need reconstruction. To help finance the cost of the project, a Community Development Block Grant Fund will be used. This grant will be 50% of the initial cost. When figuring workers' salaries, we assumed we would need one full time manager and six part time employees. The manager will work 40 hours per week at $8.00 per hour. The part time employees will work 10 hours per week at the minimum wage of $5.15 per hour. All costs incurred while revitalizing the theatre include installation and labor. When figuring the profit of the theatre, we assumed that 50 customers will attend each movie. Outdoor landscape cost will be covered by a grant from the City of E. St. Louis |
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