A single projector can cost anywhere from $10,000-$30,000 depending on its size and quality (such as brightness and resolution). If your project involves removing load-bearing walls, first consult a structural engineer or contractor. Add dishes for candy or for healthy snacks like nuts and dried fruit. A cost plan or cost model will identify the elements that constitute the overall project cost. Expense. This includes everything from construction materials to equipment rental fees and labor costs for employees who will manage the theater during its opening week. Sofas, love seats, sleeper sofas, and easy chairs can be used as theater seating too. Note that you may also like to add a playground or other pre-show, non-screen entertainment like coin-operated amusements, mini-golf, or other attractions. The second option offers you greater scope as you will not be paying for goodwill, but even an existing location can involve a lot of effort and money to re-open. The movie theater will need equipment for people to sit, and then there will be equipment in the storage area as well. This can be incorporated above or next to your snack bar or exist as a separate building. The average price for a single ticket at an IMAX theater is about $18, but it can be as low as $5 or as high as $25 depending on where you live and what show is playing. To make this dream scenario a reality, create a home theater rooma dedicated space for your Star Wars marathons and Harry Potter weekends. Those who care about movies are going to be willing to pay a bit more if they are at a theater where the movie looks good, sounds good, and is enjoyable. There are a few short-cuts, but unless you can install, diagnose and repair this complex and often factory-sealed highly specialized equipment, expect to spend the money. The utility setup will likely be around the range of $5,000 as long as there is some preexisting setup already in place. Do you want to start a drive-in movie theater business and want to know the cost breakdown? Completely new performance lighting and integrated sound systems were also designed and installed. Having the back wall of the chase slightly higher than the front gives you room to drive screws into the chase. With multiple plug-in locations on the back or side, a battery backup can accept all of the media devices in the closet. To accomplish this, a completely new steel structure was erected inside the building, with the gridiron fitted between the bottom chords of the existing trusses. On the high end, it can reach $50,000 per seat. Then there's the screen, which may cost up to $1,500 (although you can find them for as little as $250). Also note that consultants and professional expertise will be likely be required, as there are very few people that are experts in everything, and almost nobody has the time to do it all. In addition to the equipment, you will need to have things professionally installed. Conversely, poor designed, time intensive or uninteresting facilities will cost you dearly. Because you are dealing with electricity, there are significant safety risks, and installing the system incorrectly could result in damaged equipment or a system that doesnt work properly. Construction cost indexes and contractor surveys are often used by cost consultants and estimators to determine local cost conditions. Code issues prohibit use of the balcony and third tier of boxes as public spaces. Raised saddles are also used at some doors and expansion joints. The average price for an Imax theater is between $20 million and $25 million, but some can cost as much as $100 million. How much does it cost to build a commercial IMAX theater The average cost of building an IMAX theater is about $10 million, according to CNN Money . Home theater designers are skilled at providing the perfect balance of video, audio, and aesthetic design. Generally, you should expect to pay $60 to $80 per hour for a home installation professional near you to install your home theater system. 415-392-7528 Once they're built and soundproofed, most home theater rooms include a projector and screen, surround sound, theater seating, and a battery backup in addition to streaming or media devices. The average price for a 4K projector is about $50k, although less expensive models are available for under $30k if youre willing to settle for lower quality images and sound. Fax. The preferred customers for this kind of business will be someone looking for an old-fashioned movie-going experience. And while Regal declined to comment on its latest spending figures, analysts believe that it has spent more than $100 million building new theaters as part of its ongoing expansion plans. The following analysis estimates the cost to build a movie theater using US National Average costs from 2019 RSMeans cost data. Apply joint compound to all seams, then sand and finish smooth. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. If time and funds permit, it's usually best to build the home theater as early as possible during a whole-house remodel for full access to the inside of walls for insulation and wiring. Make cutouts for all light switches and outlets. Have it in mind that nothing says that a drive-in is struggling more than overgrown grass and a poorly maintained sign with missing letters. Note that the first method is by far the best option since you have the operating infrastructure, even if run-down; but it may not be where you want it to be and may not be for sale. Here's a look at the average cost to build a 2,000-square-foot home in each state: Here's a look at the average cost to build a 2,000-square-foot home in each state: Eighteen years later, in the same city, it cost $10.3 million to build Theatre Aquarius, a much smaller producing theatre with carpentry, welding, painting, props and costume shops and storage. On average, it costs about $17,500 to build a home theater. A website is not a very large expense, but every movie theater will have to start one. Cost estimates can be prepared at each phase of the project, employing varying techniques to compensate for the continuing evolution of the design. Your email address will not be published. WHEN? Movie theater ticket prices are determined in part by the type of movie being shown and how many people are expected to attend. Making sure the movie theater is properly secured and protected is quite important. Generally, a freestanding projector or a brand new TV with some new speakers and subwoofers can be set up on your own. HOW? William B. Allison III has been named an Associate at Artec Consultants, Inc., and Michael J. Mell has been named Director of Artec's Theatre Consulting department. Sensitive electronic equipment may require dedicated circuits, too. Todd Hensley, Director. A 5:1 speaker arrangement requires one subwoofer on the floor, plus one center speaker above or below the screen and two speakers on each side. If your home theater includes a wet bar or kitchenette, run water supply and drainage lines to the area. Note that so many film distribution companies will also require a computer based electronic ticketing system as a requirement to book films from them. For example, 4K projectors range from about $4,000 to $10,000 while 2K projectors range from about $3,500 to $6,500 depending on size and features (such as 3D capabilities). Floodlights are crucial and must light the parking areas before and after the shows. I'd say you're between $15,000 and 20,000 by a rigging contractor. Building a movie theater for your company can be a big decision, but its what separates your company from the competition. Some of the POS systems are very expensive, but you can lease them instead of purchasing them. Save my name, email, and website in this browser for the next time I comment. Have it in mind that even moderately sized popcorn machines and warming systems can easily run to over $10,000. These rooms, other existing public spaces, and the audience chamber were restored to their 1912 appearance. A closed-circuit television system will need to be installed throughout the movie theater, and it is a good thing to put it in before the movie theater opens. With things as tight as they are in this industry and the margins on the movies being seen, it is best to have a bit of experience before you get involved. If the movie theater is not already equipped with water, electricity, and phones, you will have to get those in place as well. You may wish to purchase a media rack made of sturdy, multi-level, ventilated metal. An outlet at one end of the room for the video screen or movie screen. Expect these costs to be an additional $5,000 to $25,000. There are lots of different types of movie theaters out there, so our estimates are not going to be accurate for all movie theater types. In addition to her journalism experience, she has been educating on health and wellness topics for over 15 years in and outside of the classroom. How much it costs to build a house also depends on where you build it. Tailoring the theme of your theatre and dcor to such a historical period can help satisfy the wants and needs of your customers. We were joined in our discussion by Mary McColl, Director of Operations at the Ordway Music Theatre in St. Paul, and Jason Rahn, Theatre Manager for Concordia University, also in St. Paul. This includes all the equipment and construction costs. Install a sound-absorbent floor covering such as carpeting. Once the utilities are up and running, expect to pay thousands of dollars a month to keep the lights on and keep people cool while they are in the theater. If this is to be a completely darkened theater, make sure that all curtains close properly and that doors do not permit light to shine underneath. You can also purchase an IMAX-style home theater, which seats up to nine people. Theater owners would pay us up front to install our projection and sound systems, and we'd receive a very small percentage of box office revenue. Note that it is not allowable by electrical code to run electric power lines through open wall chases. While you can find a low-end projector for around $1,500, a higher-end projector will cost up to $60,000. The average screen size for a movie theater is about 70 feet wide by 30 feet tall (20 meters by 9 meters), so if we assume 125 watts per square meter of brightness. Unless you are a builder yourself, youll spend hundreds of thousands to millions of dollars in erecting commercial food and amenities buildings that comply with local and state regulations. How much should it cost? Some theaters offer discounts on tickets if you purchase them online in advance, while others charge more for 3D movies, IMAX screenings, or other premium formats. The scale of the home theater project determines whether you will need permits. Reviewed by Ezra Laniado , Expert Contributor. Youll need every aspect to be built and designed well in order to compete in todays competitive out-of-home entertainment market. Drywall is dense and an excellent low-cost wall soundproofing product. Among these solutions are a flush hairline joint with no saddle filled with standard joint filler, or steel plate saddle that is recessed flush with the floor. The number of seats also affects price because more seats mean more seats with leg room and larger seats with more padding. Plus you'll need to budget for any extras like seating, a popcorn machine or a bar. The Fitzgerald Theatre is home for "A Prairie Home Companion" radio show and is also used for numerous resident and touring performing arts events. For most movie theaters, a very simple and basic design will be all that is necessary. If you have partners and a large group that wants to invest, this decision may be a little easier. It may not display this or other websites correctly. Find out how much your project will cost. A typical 500 car drive-in may require up to 8 ladies toilet cubicles as well as accessible cubicles for wheelchair bound customers. The more time you spend worrying about the little costs and how they will add up, the worse it will be from a stress standpoint. You can save some money by getting a discount ticket through an online service like Groupon, but if you want to watch movies in a theater with leather seats and a fountain soda bar, youre going to pay more than $10. Brought to you by Gordian, RSMeans data provides accurate and up-to-date construction estimating cost data that helps owners, architects, cost engineers, contractors and others to precisely project and control the cost of both new building construction and renovation projects. An asphalt surface is also the single best option for dust and mud abatement. The biggest driver of cost is whether you want a high-end projector or can settle for a more inexpensive model. These may include video streaming boxes, DVD or Blu-ray players, or audio equipment. Build your business plan with the understanding that you may be running a seasonal business. The exact price of an Imax theater depends on its size, but most are between 50 and 100 million dollars. Overall grossing multipliers for these projects are often in the range of 1.5 to 1.7, compared to grossing factors of 1.2 to 1.3 that are found in many residential and commercial projects. IMAX Enhanced The cost to build an IMAX theater depends on several factors. (2023 Updated), Why Is Chilean Sea Bass So Expensive? However, The average cost to build a movie theatre in the United States is $13 million. As you can see, there are quite a few aspects involved with the movie theater industry. This should allow up to 500 cars to park at your theatre. Insulate all walls, both for energy savings and for sound absorption. A contractor or construction manager, however competent, rarely has sufficient information well in advance of the design process on which to base a reliable and accurate projection. A basic home theater system that includes only a freestanding projector, some small speakers and subwoofers and only the most basic necessities will cost you around $2,000. It is good to have the proper security in place so that people can feel safe and to ensure that you are protecting your business. How Much Does It Cost to Install or Replace Countertops? When you spend less than this, you can expect to have some trouble with the movie theater making it for the long term. Acoustical considerations and the size of the orchestras used at the Springer dictated that a new orchestra put be designed for the building. The location of the project is a significant factor in the preparation of a cost estimate. Get daily tips and tricks for making your best home. I'm just glad that I had nothing to do with installing that pipe. Most patron accidents involved tripping on aisle steps, particularly in balconies. Note that the cost of buying or leasing the land required may in many cases be your single largest cost. $16,092. In general, however, expect to pay well over $100 per square foot for a commercial Imax theater if youre building one from scratch. The average price of a movie ticket in the United States is $8.93, according to the National Association of Theatre Owners (NATO). A professional will likely charge you $60 to $80 per hour to install your home theater, although it depends on your requirements. While designing your home theater room, be sure to specify the locations of the screen, the media device closet, all seating arrangements, and the location of electric outlets and lighting. S. Leonard Auerbach, Director (2023 Updated), Does Kroger Take Apple Pay? The fire department, health department, and public safety are likely going to have to do some inspections around the place. 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