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Casinos and Gaming Businesses for Sale and Investment Opportunities in Maharashtra

Showing 1 - 1 of 1 Casinos and Gaming Businesses for Sale and Investment Opportunities in Maharashtra. Buy or Invest in a Casino and Gaming, Casino, Gaming Machine Operator, Race Track, Lottery Operator or a Casino Machine Manufacturing Business.

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Profitable Casino Investment Opportunity in Mumbai, India

Luxury cruise in Mumbai with a casino, restaurant & bar seeks a full business partner.
- 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.
8.1   Mumbai
Run Rate Sales
Nil
EBITDA Margin
40 - 50 %
Financial Investment
USD 2.4 Mn for 20%
Contact Business

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