Business Overview:
Entertainment/Gaming complex partnership available
A strategic partner is needed for an existing state-of-the-art musical amphitheater/entertainment complex that can accommodate class a box office attractions with ease and comfort. (Bon Jovi, Chesney, McCartney, Aerosmith, etc.) The 250 acre East Coast site is also able to accommodate multi-day festivals such as Woodstock to include music and art, camping, boating, outdoor themed shows, rodeos, circuses, car shows/ auctions, motorcycle rallies, etc. In addition, there is an existing hill and hole dirt drag racing track with lighting and bleachers. The property has Special Entertainment Development District (SEDD) exclusive zoning that includes RV camping, boxing, mixed martial arts, high-rise buildings, broadcasting, filming, multi-family housing, hotels, retail etc., including Indian gaming! All allowed uses are by ordinance, not permit, which means that the uses never need to be renewed! A state –recognized local Native American tribe is currently under contract with the Owner to participate in an Indian resort hotel and casino upon licensing.
This property could easily surpass the Seminole hard rock resort hotel casino in Hollywood or the Miccosukee resort hotel casino at Dade Corners Florida with the additional draw from the amphitheater/festival grounds, race track . Indian gaming resort hotels around the country are grossing in excess of $250 million to $1 billion. Current appraised “pre-gaming” land value and improvement is $25 million. Future gaming licensing is appraised to increase the “land value” alone to a minimum of $100 million to approximately $250 million! In addition, our strategic partner will share all future gaming revenues/profits with the Tribe proportional to their partnership share. If you take the time to visit this property, you will become our partner! Serious parties should contact Ken W. Vichinsky.
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:
The 250 acre East Coast site is also able to accommodate multi-day festivals such as Woodstock to include music and art, camping, boating, outdoor themed shows, rodeos, circuses, car shows/auctions, motorcycle rallies, etc. In addition, there is an existing hill and hole dirt drag racing track with lighting and bleachers. The property has Special Entertainment Development District (SEDD) exclusive zoning that includes RV camping, boxing, mixed martial arts, high-rise buildings, broadcasting, filming, multi-family housing, hotels, retail etc., including Indian gaming! All allowed uses are by ordinance, not permit, which means that the uses never need to be renewed! A state –recognized local Native American tribe is currently under contract with the owner to participate in an Indian resort hotel and casino upon licensing.
Market Competition and Expansion:
This property could easily surpass the Seminole hard rock resort hotel casino in Hollywood or the Miccosukee resort hotel casino at Dade Corners Florida with the additional draw from the amphitheater/festival grounds, race track . Indian gaming resort hotels around the country are grossing in excess of $250 million to $1 billion. Current appraised “pre-gaming” land value and improvement is $25 million. Future gaming licensing is appraised to increase the “land value” alone to a minimum of $100 million to approximately $250 million! In addition, our strategic partner will share all future gaming revenues/profits with the Tribe proportional to their partnership share.
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.
Resources: