Ecuadorian Casino For Sale
Location Ecuador
Asking Price Range $1.0M - $2.5M
Gross Revenues $400000
Net Profit / Cash Flow $270000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1986
Number of Employees 10 - 19
Inventory 900000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training Yes.
Reason for Sale Owner retiring.
Description $1.5 million. 3,000 sq foot Casino located within a first class Hotel and has a remaining lease of 7 and a half years. 73 late model Williams, Innovative Gaming, and IGT machines, 3 Blackjack tables, 1 Caribbean stud and a roulette table with a Wells wheel. Casino is fully licensed and well established with a full service bar. The casino is currently operated by the owner and a loyal management staff of 4 who know every aspect of running the operation. There is a plush Managers suite located on property with full hotel service and private secure parking.
The Casino has its own security service as well as the Hotel security. A 20 year old corporation owns the casino and the owner is the sole stock holder. The company has a charter to do ANY TYPE business anywhere in Ecuador! A rare find. The company is 100% debt free and has no accounts payable. With a lease of less than $1,300 per month and a daily expense of $250.00 to $300.00 a day its easy to book a win. The casino has established players of business owners, merchants and growers. Ecuador is a lush country with incredible opportunity. Contact for more information on this Casino business for sale.
Click Here To Contact Seller
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