Absentee Owned Boutique Hotel with Gaming Revenue - Real Estate Included
Lincoln County

REAL ESTATE INCLUDED! This unique boutique hotel blends vintage charm with stable, diversified income. Spanning approximately 24,000 sq. ft., the property features 14 individually climate-controlled guest rooms, a fully licensed bar, and 14 active slot machines generating consistent passive revenue.

 

The business is operated on a fully absentee basis and is managed by a reliable, experienced staff, including a strong on-site management, who are expected to remain with new ownership. With a long-standing local reputation and multiple income streams, this asset presents compelling upside potential for an investor or strategic buyer.

Prospective buyers must qualify for a restricted gaming license. The slot machines are currently managed by a licensed third-party operator. NDA and proof of funds are required. To learn more, contact Mike or Moe, the exclusive listing agents. Serious inquiries only.

Listing Number:

24321

Category:

Hotel/Motel

Location:

Lincoln County
$1,000,000

Financial Information:

Gross Revenue:

$581,544

Listed Price:

$1,000,000

Down Payment:

$0

Total Income:

$51,816

Year Established:

1998

Lease Information:

Square Feet:

24000

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$0

Inventory:

$0

Other Assets:

N/A

Additional Information:

Full-Time Employees:

3

Part-Time Employees:

6

Special Licence Required:

Liquor & Restricted Gaming

Contract Staff:

0

Training Period:

4 weeks

Reason for Selling:

Retirement

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Mike Richards
Office: (702) 368-2500 | Cell: (702) 523-6419
License #: NV RE S.0197495 / CA DRE 02206890

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Absentee Owned Boutique Hotel with Gaming Revenue - Real Estate Included
Lincoln County

Listing Number:

24321

Category:

Hotel/Motel

Location:

Lincoln County

Listed Price:

$1,000,000
brokerPhoto
Mike Richards
Office: (702) 368-2500 | Cell: (702) 523-6419
License #: NV RE S.0197495 / CA DRE 02206890

REAL ESTATE INCLUDED! This unique boutique hotel blends vintage charm with stable, diversified income. Spanning approximately 24,000 sq. ft., the property features 14 individually climate-controlled guest rooms, a fully licensed bar, and 14 active slot machines generating consistent passive revenue.

 

The business is operated on a fully absentee basis and is managed by a reliable, experienced staff, including a strong on-site management, who are expected to remain with new ownership. With a long-standing local reputation and multiple income streams, this asset presents compelling upside potential for an investor or strategic buyer.

Prospective buyers must qualify for a restricted gaming license. The slot machines are currently managed by a licensed third-party operator. NDA and proof of funds are required. To learn more, contact Mike or Moe, the exclusive listing agents. Serious inquiries only.

Financial Information

Gross Revenue:

$581,544

Listed Price:

$1,000,000

Down Payment:

$0

Total Income:

$51,816

Year Established:

1998

Lease Information

Square Feet:

24000

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$0

Inventory:

$0

Other Assets:

N/A

Additional Information

Full-Time Employees:

3

Part-Time Employees:

6

Special License Required:

Liquor & Restricted Gaming

Contract Staff:

0

Training Period:

4 weeks

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.