Established Casino Theme Party and Event Planning

Not Disclosed, CA
Alameda County


Asking Price: Annual Revenue:
$249,500 $309,820

Recreation: Entertainment


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RE: Established Casino Theme Party and Event Planning Broker: Shailendra Gupta
Owner Financing is Available!
1744500.00

Quick Facts

Asking Price: $249,500
Annual Revenue: $309,820
Net Profit: Not Disclosed
Cash Flow: $115,439
Total Debt: Not Disclosed
FF&E: $55,550
Real Estate: Not Disclosed
Year Established: 2007
Employees: Not Disclosed
BBN Listing #: 185463668
Broker Reference #: 012722-602965

Email or Print Listing

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Business Overview:

The company is a leader in providing casino-themed parties and events, bringing the thrill and excitement of Las Vegas to corporate events, fundraisers, private parties, graduation nights, poker tournaments and more. They operate all over the Bay Area and beyond (as far as Lake Tahoe!), providing state of the art tables, accessories and professional dealers to delight customers and secure significant repeat business. Company had sales of $315K in 2017, $338K in 2018 and $310K in 2019 before getting impacted by the pandemic. This is a great opportunity for someone new to come in and take the business back to its former glory and beyond! Business is operated by absentee owner's 81-year old father who wants to retire.
Company was established in 2007 by the current owner.
There are about 6-8 similar companies in the Bay Area, however this business is among the top two.

The business can be grown substantially by someone more ambitious and energetic. The current website is very basic and there is minimal advertising. There is also an opportunity to raise prices as company's services are underpriced relative to the competition despite being a market leader.

Office and warehouse is in a multi-tenant industrial park. Equipment consists of 60 blackjack tables, 5 regular craps, 4 small craps, 8 roulette, 2 paigow tables, 2 let it ride, 1 caribbean stud, 2 mini baccaret, 2 money wheels, 5 roulette wheels and 110,000 chips. Plus some office furniture.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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