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Great New Casino Opportunity Available
Location: Turks & Ciacos Is. -> Providenciales
Industry: Entertainment and Leisure > Casinos




Business Summary

We are offering 50% shares in a brand new Proposed Casino opportunity located in one of the most upscale Tax free countries in the Caribbean.
We are seeking an Equity Cash Investor to invest $11.5 Million into our project for 50% ownership and 2 seats on the board of directors of the Casino which consists of four (4) board seats.
This Casino is forcasted to Net around $44.67 Million in its first 18 months of operation with an expected income adjusted net income of 2.5% on an annul bases up to ten years.
We have Title ownership to the property for the Casino which is a 12 acre prime commercial property in the heart of the main Hotel, Resorts and entertainment strip, and we also have the approved casino licence pending a cash investor coming on board


Financials

Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   $66,726,000
Cash Flow:   $48,500,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2007
Number of Employees:  50 - 99
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Need Cash Investment to Construct and operate New Casino Facility

Photos

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Great New Casino Opportunity Available Photo 1 Great New Casino Opportunity Available Photo 2 Great New Casino Opportunity Available Photo 3




Print Listing Id: 700193032
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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 > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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