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Home Based Casino Party Rental Business
Location California,United States
Asking Price Range < $250K
Gross Revenues $150000
Net Profit / Cash Flow $75000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2000
Number of Employees 10 - 19
Inventory 60000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training As needed.
Reason for Sale Other business interests.
Description Able to satisfy any kind of casino party rental need, craps, poker, blackjack, roulette, all-inclusive with an army of well-trained dealers as well. We're talking 2 table bachelor parties all the way up to 40 unit corporate Christmas parties. All fixtures, furniture, and high-end equipment is included in the sale, with no debt or liabilities at all. Equipment is of the best quality in the industry. Seller has been a seasoned veteran in this industry for a long period of time and can help a potential Buyer really ramp up operations and garner additional market share. Closings prior to Dec. 1 will secure all of December bookings which will in all likelihood surpass $60k. So the time to act is now. This is a lifestyle acquisition, and those that enjoy gaming and planning parties are a perfect fit for this industry. Have fun with this business and get paid well doing it! NDA is required for due diligence package on file with Broker.
Facilities:
Home based casino party rental business.
Competition/Market Pros and Cons:
There are other mom and pop shops but no other company can compete based on the professionalism of the dealers, the quality and craftsmanship of the rental equipment displayed on site, and the reputation for high end services delivered to the client.
Growth and Expansion Pros and Cons:
Primarily in Ventura and Santa Barbara, expand south to highly populated Los Angeles for larger profits.
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