One of Christchurch's best known boutique movie theatres, Academy Gold Cinema, is officially up for sale.

The sale comes after 30 years of family ownership, but the family has recently confirmed that they feel it's time to move on.

Business consultant Charlie Loughnan is one of the family members helping to sell the boutique cinema and he says the industry's been hit hard as a result of Covid.

"It's taken a long time to recover from that and it's a longer road than most businesses, but it's back and it's trading well and it's been going for a good couple of years - and it's now time to pass the baton on." 

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One of Christchurch's best known boutique movie theatres, Academy Gold Cinema, is officially up for sale.
The sale comes after 30 years of family ownership, but the family has recently confirmed that they feel it's time to move on.
Business consultant Charlie Loughnan is one of the family members helping to sell the boutique cinema and he says the industry's been hit hard as a result of Covid.
"It's taken a long time to recover from that and it's a longer road than most businesses, but it's back and it's trading well and it's been going for a good couple of years - and it's now time to pass the baton on."&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Charlie Loughnan: business consultant on the sale of Christchurch boutique cinema Academy Gold

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/bd34912f-e62c-49de-aca0-b4e8006e1e8f/transcript