3 Operating Casinos With One A Hotel
Location Czech Republic
Asking Price Range < $250K
Gross Revenues $20000000
Net Profit / Cash Flow $4000000
Cash Flow Type EBITDA
Seller Finance No
Year Established 1994
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Description 3 freehold casino properties one with a 22 bedroom hotel above the casino, this hotel casino has just been refurbished to a 4 star hotel status, and the other two are stand alone casinos, all 3 are on the German / Czech Border and have been open for 11 years, full casino management is operating these casinos and is available to stay if required with this sale, the big plus part of this deal is the properties, are all freehold and the value of the buildings is approx 10m Euros and increasing by 11% per year, (New information just in) the drop of 27m euros 2007 gave a net of 1.5m Euros asking price 20m Euros.15m euros payment with contract, the balance 5m payable over 5 years, Email or call 44 1424 221226 for more information on this Casino / Hotel business for sale. Contact Brian Minister Casinos of Mayfair International Ltd,
Established in London in 1994,
Click Here To Contact Seller
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