Campbeltown Community Business Ltd was formed in September 1987 with the object of purchasing and refurbishing the cinema. It was created as a charity and a massive fundraising campaign followed which raised £38,000 in four months. This was then matched pound for pound by the Highland and Islands Development Board.

The Picture House was rewired and redecorated with new lighting. The refurbished seating was reorganised to provide better visibility and legroom, dramatically lowering the total capacity from 640 seats to 285.

This non profit making community business is the parent company that runs the commercially organised Picture House, which unlike its parent body can operate as a profit-making concern. The community business however is a charity and because of this, tax can be reclaimed on members' subscriptions. This local support also attracts grants from public bodies and trusts, which in turn ensure that refurbishment can be addressed when needed.

Another objective of this community business is to create jobs and additional amenities. It currently employs two people full time and five part time. Through them and by using local traders over £50,000 is put back into Kintyre's economy annually.