Georgia Coam Class B Master License and Amusement Machine Route

GA

Georgia Coam Class B Master License and Amusement Machine Route
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Asking Price: $7,500,000

Cash Flow: N/A

Gross Revenue: $2,860,000

EBITDA: N/A

FF&E: $650,000

Inventory: $215,000

Rent: $6,000 /Month

Established: 1995

Georgia Coam Class B Master License and Amusement Machine Route

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Business Description

GA. Coam Class B Master License and Amusement Machine Route

This established Ga. Coam Class B Master License and amusement machine redemption route has been locally owned and operated for over 20 years. This investment of time provides an extensive customer referral base and excellent business reputation.
The Georgia gaming Industry is licensed and regulated thru the GLC COAM divison. The Class B Master license is a privilege license that is currently not being issued by the Georgia Lottery Corporation. To obtain such a coveted license one must be purchased from a current Class B Master License holder. Company has a strong portfolio with an impressive and constant revenue.

HUGE PRICE REDUCTION FROM 11 MILL TO 7.5MILL FOR IMMEDIATE SALE!!!!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
10,000
Lease Expiration:
1/1/2019
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This company's route has approximately 120 games in 22 locations with many more prospects currently being developed. All games are in casino grade metal cabinets with casino grade bill acceptors. These are not the cheap wooden cabinets with antiquated bill acceptors. This Cabinet upgrade greatly reduces on location tampering and or pilfering. All locations are equipped with a central printing system for their convince.
Support & Training:
Route Management and service techs are currently in place and terms can be negotiated.
Reason for Selling:
Other business interests
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Business Listed By:
Ronald

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