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•,c <br /> MARKET SUMMARY <br /> r.,' 4 MOUNDS VIEW, MN <br /> Site Location: Hwy 10 & County Road 5 <br /> 3-5-7 Miles Demographics <br /> 3 Mile Population is 58,517 <br /> There are no other movie theatres in a 3 mile radius from the site <br />` = _ 5 Mile Population is 174,611 <br /> There is only one movie theater in a 5 mile radius from the site but it will not compete because <br /> 111 of the theatre's age and small screen count. <br /> 1 7 Mile Population is 336, 551 <br /> There are six movie theatres in a 7 mile radius from the site but they will not compete because <br /> il they are more than five driving miles away. Also, note the Har Mar 11, which is approximately <br /> 8 driving miles from the site has excellent grosses of$295,532 per screen, indicating that there <br /> lip is room in its market for additional screens. <br /> Modern theatres have eight to eighteen screens of varying sizes. The personnel required to <br /> ,x operate these facilities is marginally greater than that required for a twin theare. Furthermore, <br /> movies are shifted from one auditorium to another to avoid sellouts and size attendance to the <br /> right auditorium. As such, modern multi-screens are much more efficient than older, smaller <br /> theatres. <br /> Our proposed new sixteen screen off Hwy 10 will include a marble concession area and enhanced <br /> THX sound in at least six auditoriums. It will create a new zone on Minneapolis far north side <br /> and will be the largest and nicest theatre in the greater Minneapolis area. <br /> �. - - <br /> r <br /> r-\ <br /> 01 ANTHONY PROPERTIES• 12770 Coit Road.Suite 1170•Dallas.Texas 75251 •Telephone(972)991-4484•Fax(972)991-4494 <br />