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Businesses For Sale   >>   Casinos Businesses For Sale

Great New Casino Opportunity Available

Location  Turks & Ciacos Is.
Asking Price Range  $10.0M - $20.0M
Gross Revenues  $66726000
Net Profit / Cash Flow  $48500000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2007
Number of Employees  50 - 99
Relocatable  No
Number of Employees  50 - 99
Real Estate  Owned
Reason for Sale  Need Cash Investment to Construct and operate New Casino Facility

Description  
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


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