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Business For Sale Listing 154607

Resort Casino in Nevada

Status as of Nov-22-2008 at 05:59 PM: Off The Market

Business Summary

This hotel casino offering represents a truly unique chance to own the gaming market in popular rural town in Nevada. The casino has the only unrestricted gaming license for miles. Included with this sale is excess real estate and a gaming tavern with 15 machines located across the street from the resort.

Property Highlights

• Gaming oasis - one of the few gaming opportunities between Reno and Las Vegas;
• Live entertainment five nights per week;
• Amenities include a large convention center and 100+ room hotel; and
• 24-hour restaurant, buffet and two bars can serve up to 347 guests.

Tavern Property Highlights

• Most popular tavern in town.
• Opportunity to expand through procurement of non-restricted gaming license.

Situated in rural Nevada on over 6 acres, this 88,000 square foot gaming oasis features 243 slots and five tables. In addition to gaming attractions, the company offers visitors over 100 well-appointed hotel rooms, a large convention center for gatherings, a restaurant and live entertainment several nights a week in the casino. A sports book and three large screens complete the experience.

Growth opportunities would be to expand the large tavern into another unrestricted gaming casino, add on a movie theater or bowling alley to the main hotel.


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Industry

Sector: Accommodation & Food Services
Industry: Hotels & Motels

Location

Classification: United States // Southwest States // Nevada // Other Nevada
Location: Nevada

Financials

Sales: Between $5 Million And $10 Million   (9,500,000)
Profits: Between $2.5 Million and $5 Million   (2,500,000)
Profit Type: Earnings Before Interest, Taxes & Depreciation (EBITDA)
Fiscal Year: 2008
Asking Price: Between $10 Million and $15 Million   (15,000,000)
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