Multi Million Lottery Investment Opportunity
Location Florida,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $10000000
Net Profit / Cash Flow $3000000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2014
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Sellling minority stake
Description New company has acquired a lottery license in South America to operate Scratch offs, PICK 3 and Powerball. Currently we have secured contract with printer and will commence with 3 million scratch offs. Currently investing in technology to set up in retail locations. Asking 2.5 million for 45% of the business revenue and shares. Potential ROI is 100% annually. License is for a period of 10 years.
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