Profitable Casino Investment Opportunity in Mumbai, India

- Mumbai-based business operating casino, restaurant, and cruising from Mumbai (Bandra) to Gujarat.
- Started commercial operations two years ago with an average sales of INR 21 lakh monthly.
- Operations have been halted since the past four months due to the Covid-19 pandemic.
- Majority of the revenue is generated from the casino.
- Have acquired all permissions from the Government of Gujrat and the ports.
- We had an occupancy rate of 80% throughout the time we were running.
- Cruise has a capacity to accommodate 300 people at a time.
- The ship has 20 cabins, a restaurant, a sky lounge area, a bar, casino, disco, 100 rest chairs, and a gaming zone.
- The cruise sails once a week and the rest of the time it is stationed in Mumbai and operates as a floatel restaurant.
- The cruise can be booked and sails to other places on-demand.
- The average ticket price is INR 6,000 per head.
- Intends to sail and start trips to Dubai during the monsoons in the upcoming year.
- Have tremendous potential for developing to the next level.
- The port fee of INR 2.5 lakh has been exempted by the Gujarat Government.
- Physical assets include the ship, interiors, equipment and furniture.
- This is a venture that has two partners while one company owns the ship and the other runs it. However, the company owning the ship is a silent partner.
- Post investment the operations of this vertical will be spun off under a newly incorporated legal entity & the investor will be effectively acquiring a stake in the new legal entity which will include all the assets including the ship.
- Currently not operating due to Covid and Monsoon.