Nostalgic movie theater chain Alamo Drafthouse is reportedly shopping for a buyer.

According to Variety citing two anonymous sources, the Texas-based chain has approached “several Hollywood studios” to buy the company.

Alamo Drafthouse is popular among moviegoers for being one of the first chains to offer in-theater dining, offering local draft beers, craft cocktails and an extensive food menu.

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company submitted for Chapter 11 bankruptcy protection amid the pandemic in March 2021, but was filed later that year in June 2021 after being sold to Altamont Capital Partners.

Although the company closed its Phoenix location and other “underperforming” venues during the pandemic, it has since opened five new theaters in major cities including Washington, D.C. and Chicago.

“We are very excited to be reopening theaters across the country and welcoming audiences to an unparalleled moviegoing experience with the films we have been looking forward to for over a year now,” said Alamo Drafthouse CEO Shelli Taylor. in that time. “It's incredibly exciting to get back on that road so we can bring the Alamo Drafthouse experience to new places around the country.”

According to Deadspinthe best performing locations last year were located in Brooklyn (New York), Downtown LA (California), Springfield (Missouri), Manhattan (New York), Raleigh (North Carolina) and Austin (Texas).

Alamo currently has 41 theaters in 13 US states.

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Alamo Drafthouse bring in $134 million last year at the box office, a 25% increase from the same time last year.

Neither source specified how much the chain is asking for the sale. So far, there have been no public bidders yet.

Alamo Drafthouse did not immediately respond of the entrepreneur request for comment.