Phantom of the Grindhouse.

When the Sleepy Hollow Heights Horror Club learns their local grindhouse will be shut down, they plan a 24-hour horror-movie-marathon as a last-ditch effort to save the theater. Unbeknownst to them, a derelict called The Phantom will stop at nothing to keep the meddling kids from ruining his sanctuary - and things go from bad to worse as The Phantom falls for the girl of his dark dreams.