About us:
3 Founders with combined over 40 years of Hotel Casino Gaming Development & Operations located in Las Vegas, Canada and Bahamas.
Transaction Summary:
Investor Opportunity to provide initial Research and Development Capital to acquire 2 Distressed Casinos in Canada.
The funds initially will be used to establish a New Corporation, Board of Directors and Investors Presentation to start the First Step of Eight steps to acquire a Casino Gaming License.
Financials, Real Estate Agreements, Employee/Union Agreements and any other Due Diligence Materials will be provided to paper a Formal Offer.
During this conditions precedent period, majority of funds will be designated to hire the qualified Professionals of Lawyers, Union Specialized Professionals, Financial Auditors, Branding and Marketing Agency and Casino Licensing Required Documents.
The Current Casino Operator's Parent Holdings Company has Proven Investor Returns averaging 18%-22% with a valuation of 7.5x EBITDA
These 2 Properties have a combined estimate of $90 Million in Cost of to Build and are underperforming compared to their forecast.
The opportunity for our new corporation is to acquire these 2 distressed under performing properties for fractions of their cost.
We are open to numerous proposals for Investors. Start up Capital Investment Only with High Returns.
Potential Opportunity for Shares, Board Member Position for the Right Candidates that will be the right fit for the new Corporation.
Finding any Investors Funding to acquire 2 profitable Casinos is an easy find.
We are only looking for the right proven Investors that can back this Project and the Success of the Acquisition.
Documents to Sign for Potential Investors will be a NDA and Non Circumvent Agreement, as well with the Highlights of the Investor and your Proposal for the Partnership.
No Due Diligence Information is available until the New Corporation and Board establish the Structure of the Deal and the Terms, Conditions and Price.
Funds can be held in Trust until the Members are selected and create a Budget and Forecast for Investors and Financial Institutions.
*the costs, projections and any other information related to the acquisition in this "Ask For Funding" Funding Request and Website is not audited and is not to be considered as factual. The due diligence materials will be provided by the current Casinos once a binding Offer or Agreement has been mutually agreement upon.
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