Absentee Owned Boutique Hotel with Gaming and Real Estate Included
Financial Details
- Asking Price:
- $799,999
- Annual Revenue:
- $581,544
- Cash Flow / SDE:
- $51,816
- Profit Metric:
- Total Income
- Valuation Multiple:
- 15.4x
- Location:
- Las Vegas, NV, US
- Source:
- Date:
- September 23, 2025
Key Highlights
Description
This is an absentee-owned boutique hotel located in Las Vegas, NV, with real estate included in the sale. The property spans approximately 24,000 sq. ft. and features 14 individually climate-controlled guest rooms, a fully licensed bar, and 14 active slot machines generating passive revenue. The business has been established since 1998 and benefits from a long-standing local reputation. It is operated on a fully absentee basis with experienced staff, including on-site management, expected to remain with new ownership. The listing highlights diversified income streams and compelling upside potential for investors. Prospective buyers must qualify for a restricted gaming license. NDA and proof of funds are required.
Industry Information
- Industry Description:
- Hotel/Motel
- Classification:
- Travel
Operational Snapshot
- Year Established:
- 1998
- Employees:
- 9
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Included
- Monthly Rent:
- $0 USD
Assets & Inventory
- FF&E Value:
- $0 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $0 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Mounir Bousaid
- Company:
- First Choice Business Brokers
- Phone:
- (702) 321-1292
Listing Details
- Listing ID:
- 460ff3a6-092b-4a86-8e47-53330c76709f
- Source Listing ID:
- 24321
- Deal Status:
- For Sale
- Last Updated:
- September 23, 2025
- Currency:
- USD