Casino West Coast Location

Location: United States -> Oregon
Industry: Entertainment and Leisure > Casinos

State-wide leader in the non-tribal gaming business. Sales in $20-24 million range for the last five years. Anticipated revenue for 2008: $20 million. Complete turnkey operation with top-notch management team devoted to sustainable, long-term growth. Proven strategies, processes and procedures in place. Positioned to grow – with eight identified growth opportunities. Excellent reputation and strong infrastructure -very clean operation. Excellent platform for entering the gaming industry. Significant barriers to competition in the area of operation. Recent changes in state gambling commission regulations have increased table limits 50% with others in process. The casinos have been the top two gross gaming receipt establishments in their state from 2001 to the present. Closest casino like operation near major metropolitan area with population of nearly two million people. Economically and strategically, this business is a prime candidate for acquisition. Its proximity to two major cities, established infrastructure and the increasing acceptance of gaming in the public eye make the company uniquely positioned for continued profits and growth. Our specific Confidentiality and Buyers Acknowledgment Agreements are required prior to release of any additional information. Year Established: 1988. Contact for more information on this Casino for sale.

Financials

Asking Price Range: $10.0M – $20.0M
Gross Revenues: $20,000,000
Cash Flow: $350,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Yes

About The Business

Year Established: 1988
Number of Employees: 10 – 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease

About The Sale

Management Training and Support: See summary.
Reason For Selling: See summary.