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Mckennas Gold Casino And Rental Properties
Location: United States -> South Dakota -> Deadwood
Industry: Entertainment and Leisure > Casinos




Business Summary

Located in the Black Hills of South Dakota, not far from the Wyoming border, is this amazing property that needs to be sold right now! This property is located on the main road into Deadwood, South Dakota and is approx. one block from where main street splits off the main four lane highway through Deadwood. Located only 15 miles from the annual Sturgis Motorcycle Rally where some 500,000 bikers congregate every year, not to mention being a gateway into the northern Black Hills and near Mt.Rushmore, Deadwood's place as an entertainment mecca for the area continues to rise every year. With legalized gambling since 1989, Deadwood has become a regional center for entertainment and conventions. With a high advertising budget and strong commerical investment, Deadwood is increasing in traffic each year. Every vehicle that goes through Deadwood passes by this property.

470 Main St: This building is 3,500 sq. ft on the ground floor under lease to McKenna's Gold Casino with 3,500 sq. ft. of offices on the second floor. The building is cinder block with reveal siding and was constructed to be able to add a third floor. The attached garage is 900 sq. ft. high cube cinder block and is leased to the Chase Casino. Both buildings have been remodeled in the last 15 years.

460 Main St: This building is 3,500 sq. ft. one floor cinder block under least to First Western Insurance company.

1, 3, & 5 Burnham St: These are three small wood frame cabins.

Lots 1, 2, 3, 4, & 5 in Block C of Fargo's Addition are empty lots with no buildings.

Current income is $450K Gross.
Additional rental income of $64,000.

Asking $3,200,000
Price already reduced from 4.3. Priced for quick sale.
Serious inquiries only please.

Email or call (605)550-0197 for more information on this casino business for sale.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $510,000
Cash Flow:   $510,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1990
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

Photos

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Mckennas Gold Casino And Rental Properties Photo 1 Mckennas Gold Casino And Rental Properties Photo 2 Mckennas Gold Casino And Rental Properties Photo 3




Print Listing Id: 700132567
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > South Dakota Businesses For Sale > South Dakota Franchises For Sale > South Dakota Business Brokers



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