Hotel Gaming Entertainment

• Longstanding entertainment services provider to hotels & licensed premises
• Hotel customers pay for gaming services delivered in-house by the gaming business
• Operated by the proprietor on a part time only basis using up to 7 sub-contractors who deliver event services to the hotels
• 90% of revenue is repeat customers
• Business model appealing to hotel owners attracting paying customers to the venue on a predictable basis
• Purchase includes $100K of specialised equipment
• Business produced near $250,000 profit in the past 6 months – post covid
• Reasonably priced given P&E and recent profits produced