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Blacksburg CineBowl & Grille makes May payment, balance still due
Read full article: Blacksburg CineBowl & Grille makes May payment, balance still dueBLACKSBURG, Va. โ Frank Theatres CineBowl & Grille made a payment on the first of the month but thousands of dollars in unpaid rent still needs to be addressed, according to Blacksburg APF Partners, which owns the property. Blacksburg APF Partners later said the theater owed $450,000 in unpaid rent. In a text following Friday's payment and reopening, Frank Theatres CEO Bruce Frank told WSLS 10, "We are open for business and look forward to working with the Landlord. It was revealed in court Thursday, that the CineBowl & Grille generated $500,000 to $900,000 in monthly revenue, depending on the month. Cinergy Entertainment, the company announced to take over management of the CineBowl & Grille Wednesday, is still interested, Mitchell said, if Frank Theatres doesn't meet its obligations.
