PROFILE   26407042

Location: Monroe County Florida

Casino Ship

Sales Price: $6,000,000 Down Payment: $6,000,000
Executive Summary
This ship has recently received its 5 year COI frm the USCG. The layout of the ship plus its classification is the best as it requires the least crew lowering the operating cost. Capacity is 500 with crew of 6. Gaming consists of 21 tables including Baccarat, roulette, poker room and 150 slots. The vessel has a large upper deck area for reception . The cruise book has 40 seats, 2 giant screens, a 10'X15' screen for viewing. It offers the opportunity to wager on sporting, racing events  around the world.
 

Other Highlights

  • This ship has recently received its 5 year COI frm the USCG. The layout of the ship plus its classification is the best as it requires the least crew lowering the operating cost. Capacity is 500 with crew of 6. Gaming consists of 21 tables including Baccarat, roulette, poker room and 150 slots. The vessel has a large upper deck area for reception . The cruise book has 40 seats, 2 giant screens, a 10’X15’ screen for viewing. It offers the opportunity to wager on sporting, racing events around the world.
  • Daily 12PM to 6PM; 7PM to 1 AM 15FT Employees.
Business Synopsis
Business Format: Corporation Facilities: Ship  
Established in: 2008 Square Footage:  
Years Owned: 1 Lease Expires:  
Employees: 15 Monthly Rental Expense:  
Reason for Sale: Other business interests.
 
Asset Information (estimated fair market value)
Furniture, Fixtures & Equipment:  $750,000   Included
Real Estate:  $5,500,000   Included
Total Assets Included in Sale:  $6,250,000  

Operating History 2009   2010   2011  
  Financial Source Projected Projected Projected
  Gross Sales $25,927,200 $29,710,200 $33,524,400
  Gross Profit $23,185,000 $26,396,040 $29,867,580
  Discretionary Earnings * $14,656,652 $16,909,190 $19,410,718
* Recasting provides an economic view of the Business, allowing meaningful comparison with other investment opportunities.
DISCLAIMER: All information contained in this document has been provided by the subject company or its shareholder(s), and while believed to be correct, has not been verified. Accordingly, we make no representations or warranties as to the accuracy or truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this information.
  COLLINS & COLLINS INVESTMENTS
801 BRICKELL AVENUE
MIAMI, FL  33131-2945
 

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or call us at 305.235.4444 www.BizBrokersFL.com

 
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