Bar for sale $2200

Yes... we are absolutely interested in your $50,000 bar for sale with 3 stools and no customers.
sabay tey
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Re: Bar for sale $2200

Post by sabay tey » Sun Jul 01, 2018 5:24 pm

Bar is sold. Thank you.
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Re: Bar for sale $2200

Post by phuketrichard » Sun Jul 01, 2018 6:00 pm

sabay tey wrote:
Sun Jul 01, 2018 5:24 pm
Bar is sold. Thank you.
see how quick bars can sell when the price is reasonable :beer3:
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Re: Bar for sale $2200

Post by that genius » Sun Jul 01, 2018 6:32 pm

Tbh, was not reasonable, was a damn giveaway.
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Re: Bar for sale $2200

Post by PSD-Kiwi » Sun Jul 01, 2018 7:06 pm

Right, which one of you bought the bar? When's the opening party?
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Re: Bar for sale $2200

Post by jah steu » Sun Jul 01, 2018 7:06 pm

that genius wrote:Tbh, was not reasonable, was a damn giveaway.
Maybe. It’s rare to meet a landlord who will change the name of the lease holders on an existing lease. You would need to do that to get the $2,100 deposit back at the end of the lease term.
Usually the landlord says that the lease has been broken and so the deposit is forfeited. A new lease is drawn up, in the new names, with a new deposit.
So I’d be doubtful if this deposit could be transferred. The only sure way is by becoming a sub-tennant on the existing lease but that brings its own problems.
The depreciated value of the items in the bar, the aircons, TVs etc might be worth around $2,000. I had a look last night. Small aircons, small TVs. A few bar stools and used sofas. It needs redecorating.
The location is difficult if you want to run it as a hostess bar. It’s on a dark street with no other bars near it. It would take a long time to build up a good regular clientele, assuming you could get some experienced attractive staff to work there, and that’s a big if.
But best wishes to the new buyer. It’s a tough business environment out there at the moment.


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AndyKK
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Re: Bar for sale $2200

Post by AndyKK » Sun Jul 01, 2018 7:15 pm

that genius wrote:
Sun Jul 01, 2018 6:32 pm
Tbh, was not reasonable, was a damn giveaway.
With how I see it a commitment of the remainder of the lease/rent worth 14.700 usd.
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Re: Bar for sale $2200

Post by bolueeleh » Sun Jul 01, 2018 7:24 pm

jah steu wrote:
Sun Jul 01, 2018 7:06 pm
that genius wrote:Tbh, was not reasonable, was a damn giveaway.
Maybe. It’s rare to meet a landlord who will change the name of the lease holders on an existing lease. You would need to do that to get the $2,100 deposit back at the end of the lease term.
Usually the landlord says that the lease has been broken and so the deposit is forfeited. A new lease is drawn up, in the new names, with a new deposit.
So I’d be doubtful if this deposit could be transferred. The only sure way is by becoming a sub-tennant on the existing lease but that brings its own problems.
The depreciated value of the items in the bar, the aircons, TVs etc might be worth around $2,000. I had a look last night. Small aircons, small TVs. A few bar stools and used sofas. It needs redecorating.
The location is difficult if you want to run it as a hostess bar. It’s on a dark street with no other bars near it. It would take a long time to build up a good regular clientele, assuming you could get some experienced attractive staff to work there, and that’s a big if.
But best wishes to the new buyer. It’s a tough business environment out there at the moment.


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do u always go scope out the competition? :lol:
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Re: Bar for sale $2200

Post by CEOCambodiaNews » Sun Jul 01, 2018 7:32 pm

sabay tey wrote:
Sun Jul 01, 2018 5:24 pm
Bar is sold. Thank you.
And thanks for the feedback, sabay tey. Looking forward to hearing from the new owner.
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Re: Bar for sale $2200

Post by jah steu » Sun Jul 01, 2018 8:01 pm

bolueeleh wrote:
do u always go scope out the competition? :lol:
Absolutely! Marketing 101. Find out what they’re doing better or worse than me...
In this case I also wanted to see if it was worth buying and turning into a very discreet but raunchy bar Image
But I thought it needed too much renovating to make it worth while.



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bolueeleh
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Re: Bar for sale $2200

Post by bolueeleh » Sun Jul 01, 2018 9:16 pm

jah steu wrote:
Sun Jul 01, 2018 8:01 pm
bolueeleh wrote:
do u always go scope out the competition? :lol:
Absolutely! Marketing 101. Find out what they’re doing better or worse than me...
In this case I also wanted to see if it was worth buying and turning into a very discreet but raunchy bar Image
But I thought it needed too much renovating to make it worth while.



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