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Casino and Brewpub with Real Estate and Parking in Central City

Central City, CO (Gilpin County)
Casino and Brewpub with Real Estate and Parking in Central City

Asking Price:$500,000

Cash Flow (SDE):Not Disclosed

EBITDA:Not Disclosed

Gross Revenue:$867,185

Real Estate:$4,500,000*

Established:Not Disclosed

*not included in asking price.

Business Description

Historic Colorado Casino & Brewpub Opportunity

This casino is the oldest family-owned gaming operation in its market and uniquely combines full-scale gaming with the area’s only on-site brewpub, creating a rare dual-revenue model.

The casino operates across two levels and offers a diversified mix of slot machines, including penny, quarter, and dollar denominations, supported by a full bar with video poker to drive consistent gaming engagement.

The gaming operation is enhanced by an in-house brewpub producing award-winning craft beer and a popular food offering, increasing dwell time and per-guest spend.
The casino is housed in distinctive, interconnected historic buildings along a high-traffic main corridor and benefits from rare on-site parking, a significant competitive advantage in gaming markets with limited access.

The gaming venue serves a balanced mix of loyal local patrons and destination visitors, positioning the business as a long-standing social hub with clear opportunities for revenue and operational growth.

The casino offering includes an adjacent residential property, providing flexibility for employee housing or rental income and further strengthening the stability and investment appeal of the asset.

Ad#:2476957

Detailed Information
Employees:
23 (10 Full-time, 13 Part-time)
Employees play a vital role in ensuring daily operations run smoothly. They are
Facilities:
The business operates from joined historic buildings totaling three levels: lower level with casino floor, kitchen, restaurant/bar and patio; second level with additional gaming floor, large bar and dining space; and third level for storage, meetings, or flexible use. The sale includes furniture, fixtures, equipment, gaming machines, brewpub equipment, kitchen assets, and bar equipment. Valuable on-site parking is included. An adjacent residential property and additional parking lot are also part of the offering.
Competition:
The property operates within one of only three municipalities in Colorado legally permitted to conduct limited-stakes gaming, creating a significant barrier to entry.
Growth & Expansion:
Opportunities exist to expand gaming offerings (subject to regulatory approval), introduce live table-style options where permitted, add a physical sportsbook component, or integrate online sportsbook partnerships. Increased marketing to visitors, development of a loyalty/mobile app, enhanced event programming, and expanded seasonal promotions offer additional upside. The adjacent property provides flexibility for employee housing, rental income, or event-based utilization.
Financing:

SBA, Conventional for qualified buyers

Support & Training:
Ownership will provide comprehensive transition support for approximately 1–2 months to ensure continuity of operations.
Reason for Selling:
Ownership is pursuing a strategic sale after long-term operation.
Business Location
Location:
Central City, CO
Real Estate:
Owned
Not included in asking price
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Jim O'Brien
Business Listed By:
Jim O'Brien Route Brokerage Services, LLC
Phone Number
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Jim O'Brien
Business Listed By:
Route Brokerage Services, LLC
Phone Number

Ad#:2476957

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