Casino Looking for Investment in Goa

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Listing IDSL005131 Ticket Size5-10 Crore Last Year TurnoverAvailable on request Verification Status Pending
  • Casino Looking for Investment in Goa

Business Details

The company has formed in 2017 based at Goa. The company is into casino business and they have tied up with 5 Star Hotel in Goa. The casino premise is on 5 years renewable lease. The area is 5,000 sq.ft with monthly rent of INR 12 Lakhs. The company has paid INR 72 lakhs as security deposit.
The casino finished it construction in June 2018. It has all licenses and but it’s not currently operational. The casino has complete infrastructure set up with Restaurant, Bar, etc. and has games like Blackjack, Baccarat, Roulette, Video Poker, Bonus Poker, Bingo, etc. The casino is valued at INR 20 Cr. with licenses and full infrastructure. They have complete Business plan ready to make it operational but there is short of capital. They are looking for investment of INR 6 Cr. to INR 10 Cr. in lieu of equity of 30% to 50%.

Last Years Gross ProfitAvailable on request EBITDAAvailable on request
Total Views352 Last Active2+ months ago
IndustryArts, Entertainment & Recreational (Other) LocationGoa
Entity typePartnership Started in 2017
Transaction TypeInvestment
Raise Funds (via equity)
Employees1-10
ReasonLack of Funds

Please note: Documents collected for our review only. These will not be shared with any third party.
Verification of the listing does not imply that Asking price reflects the valuation of the business

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