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Business Casino For Sale
Location: Spain
Industry: Entertainment and Leisure > Casinos




Business Summary

Casino in the prestigious city of Spain. The casino is located on the first line of a beach of the Mediterranean Sea in an environment of gardens. The casino was constructed in 1979. The last reconstruction was carried out in 2005-2006 for the sum of 7 million euros.

Number of the personnel of 150 people. Slot machines 57 (work during the winter period). All casino has 90 slot machines. The casino has a separate hall for carrying out show with a dancing on 500 people and also the casino belongs and enters into its cost. In total game tables of 14 pieces, tables of the American roulette of 7 pieces, tables of Black Jack of 4 pieces, 2 halls for game in poker. The game room Poker is calculated on 400 players, has 15 tables. The casino is located on the first floor of 5-stars hotel in which there are 350 numbers. In a casino there is a restaurant luxury, cafe and bar. The casino has: American roulette, French roulette, Caribbean poker etc. The game hall is 2300 of sq.m. Offices, kitchen and offices are located a floor above on the area of 400 sq.m.

The turn for 2011 made 45 million euros.The license is updated each 15 years. The last time it was updated 5 years ago. Problems with extension of licenses in Spain aren't present. Debts aren't present, the credits aren't present. In February 2013 the Casino was given 3 licenses by local government to establish 3 new casino! (And they are included into total price) The casino officially isn't offered for sale (the closed sale). Price - 40 million euro. For more info, please, email or call cell at +380930200084


Financials

Asking Price Range:  > $35.0M
Gross Revenues:   $45,000,000
Cash Flow:   $10,000,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1979
Number of Employees:  100 - 200
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

Photos

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Print Listing Id: 700196259
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

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