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Business For Sale

50 Slot Casino/Bar/Restaurant With 27 Machines!

Las Vegas, NV

Food & Beverage: Bars, Clubs, Nightspots

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$350,000
$1,900,550
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1964
12
3735142

Business Overview:

Hot 24/7 51+ machine gaming opportunity with the ability to increase the license up to 199 machines & 6 live table games! The local's casino is currently operating in Henderson, NV! Seller will accept $350,000 cash sales price up front and a $15,000 per month lease for the premises, plus it is the Buyer's responsibility to immediately purchase and install a minimum of 24 more gaming machines in addition to the 27 machines already in place. Buyer shall recieve the full operating revenue for a period of 10 years. Seller will offer options to renew. Seller shall immediately expand and update the interior, exterior, rear area, and signage upon reciept of funds. Total income is currently at break-even with increase occouring every month. Slot contract can be canceled on short notice. Previous gaming experience of any kind helpful for a very hands-on operator. NO SBA/BANK Financing. Buyer must be able to qualify for local and state liquor and gaming licenses. Serious inquires only! Call NOW!

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Leased location of 4,110 square feet with a total rent of $15,000. Included in asking price are $13,000 in inventory and $150,000 in FF&E. $200,000 in leasehold improvements. Seller is active in business with 10 Full Time employees and 2 Part Time employees. Hours of operation are 24 hours per day/ 7 days per week.

Reason for Selling:

Seeking sale or J.V. with partner for expansion

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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