Chil-AXN hostel, Victory Hill,Sihanoukville: $400,000

If you are looking for a business to buy in Cambodia, you've come to the right place! This is a section where owners can post their businesses for sale and where others in the community can ask questions about starting a business here. Foreigners can own 100% of a business here in Cambodia, and it's a pretty simple process to buy or sell, whether it's a bar, restaurant, hotel, or anything else. Have questions about what paperwork is needed for your company? Ask away. Curious if the expat bar on Street 136 selling for $100,000 is a good deal? Start a discussion on CEO and we'll let you know what we think.
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Re: Chil-AXN hostel, Victory Hill,Sihanoukville: $400,000

Post by OrangeDragon »

Otres is perfect for canoeing.

Chillaxin is a decent location to make a decent guest house that caters to something other than backpackers. Make it decent expat apartments/etc and I imagine it would do well, more than a few people looking for decent western run long term digs down here on a fairly regular basis. Change the name though to get away from all the negative reviews (and worse, negative responses from the owner to them) on TA though.
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CharlieHarpersBar
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Re: Chil-AXN hostel, Victory Hill,Sihanoukville: $400,000

Post by CharlieHarpersBar »

BJ, has been trying to move the place on for some time. His latest posts on Sihanoukville facebook page indicate he's pretty much set to walk away.

I actually thought that this would happen last year, but that arse went and sold his generator for 4k which kept him through the low season.

He will not be missed. Thieving t%@t
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frank lee bent
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Re: Chil-AXN hostel, Victory Hill,Sihanoukville: $400,000

Post by frank lee bent »

anyone know what rent he pays?
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Re: Chil-AXN hostel, Victory Hill,Sihanoukville: $400,000

Post by Satiated Parrot »

Didn't he put himself up on some charity site as a charity case, asking people to donate to him?

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Re: Chil-AXN hostel, Victory Hill,Sihanoukville: $400,000

Post by CharlieHarpersBar »

frank lee bent wrote:anyone know what rent he pays?
$900pm, but if you give him $18k he'll let you sublease it from him at only $1500pm
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Re: Chil-AXN hostel, Victory Hill,Sihanoukville: $400,000

Post by OrangeDragon »

CharlieHarpersBar wrote:
frank lee bent wrote:anyone know what rent he pays?
$900pm, but if you give him $18k he'll let you sublease it from him at only $1500pm


totally worth it, just needs a little touchup.
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Re: Chil-AXN hostel, Victory Hill,Sihanoukville: $400,000

Post by OrangeDragon »

Well he seems to have given up on selling the whole lot, and now is trying to sell of his used items for near new price.


No idea how this guy didn't manage to succeed in business.
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Re: Chil-AXN hostel, Victory Hill,Sihanoukville: $400,000

Post by taranis »

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Re: Chil-AXN hostel, Victory Hill,Sihanoukville: $400,000

Post by wackyjacky »

Until there's a real highway to/from PP, SHV won't happen. 5 hrs to go 200km, barely avoiding 10 head-ons. Who the fuck with any money is going to put up with that shit ?
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Re: Chil-AXN hostel, Victory Hill,Sihanoukville: $400,000

Post by nightmare.believer »

wackyjacky wrote:Until there's a real highway to/from PP, SHV won't happen. 5 hrs to go 200km, barely avoiding 10 head-ons. Who the fuck with any money is going to put up with that shit ?
He's correct. Hell, 10 years ago Koh Kong to PP used to be mountainous dirt road getting out of KK. Lack of proper roads including a supply vein to Vietnam are glaring third world problems. And SHV: average beaches, horrible, horrible locals, crappy motos and tuktuk, thieves. not a nice place.
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