Absentee Owned Boutique Hotel With Gaming Revenue
Not Disclosed, NV Lincoln County
Lincoln County
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- RE: Absentee Owned Boutique Hotel With Gaming Revenue
- Contact: Mike Richards
- License #: RE S.0197495
Quick Facts
| Asking Price: | $1,000,000 | |
| Annual Revenue: | $581,544 | |
| Net Profit: | $51,816 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $800,000 | |
| Year Established: | 1998 | |
| Employees: | 9 | |
| BBN Listing #: | 992232 | |
| Broker Reference #: | 101-24321 |
Business Overview:
REAL ESTATE INCLUDED! This unique boutique hotel blends vintage charm with stable, diversified income. Spanning approximately 24,000 sq. ft., the property features 14 individually climate-controlled guest rooms, a fully licensed bar, and 14 active slot machines generating consistent passive revenue.
The business is operated on a fully absentee basis and is managed by a reliable, experienced staff, including a strong on-site management, who are expected to remain with new ownership. With a long-standing local reputation and multiple income streams, this asset presents compelling upside potential for an investor or strategic buyer.
Prospective buyers must qualify for a restricted gaming license. The slot machines are currently managed by a licensed third-party operator. NDA and proof of funds are required. For a quick response to your inquiry, please contact listing agent Mounir Bousaid (RE# S.0178371; Business Broker Permit# BUSB.0006910) & Mike Richards (RE# S.0197495; Business Broker Permit# BUSB#0007145). Serious inquiries only.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
This is an owned location of approximately 24,000 square feet with an asking price of $800,000 included in the total asking price. Seller is not active with 3 FT and 6 PT employees. Hours of operation are Monday - Sunday. Able to be open 24 hours. Usually closes by midnight. Liquor & Restricted Gaming license required.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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