You should confirm that internal structure of your theater is in good condition. You should check the piping, roof, electricity and windows as this usually requires a large expenditure. If there is a problem with any of these things, you should get it repaired first and then move to other things. Also double check your sitting, projector and change your sing boards, get the ones that are more attractive. If you want to be cost effective, you can always get your old sign boards fixed and add something new to them.
You must be very thorough about the changes. Make sure that the changes are up to the mark as compared to other movie theaters available in the city and provide maximum entertainment and comfort to the customers. If you want to turn your theater into a night club, you should first get a license for it prior to making any changes.
It is important that the changes you are going to make should be reasonable and fulfil the purpose of your business.
If you are going to run it as a movie house, then your projector’s quality should be excellent and seating has to be clean.
Do not forget to fix your screen or buying a bigger screen with better resolution proves to be a competitive edge.