Due to Kilo-Niner, the parent company of K9 Cambodia, moving into specialist field of providing K-9 Service Dogs to Government and Industry, K9 Cambodia is being put up for sale. The business currently turns over around $250,000 Per Annum. Unlike many other foreign owned ventures, K9 Cambodia does NOT suffer from seasonal economic downturns, indeed, the rainy season brings in more business due to foreigners leaving to go back home and locals going on holiday.

K9 Cambodia represents the civilian section of the Kilo-Niner Family and deals with all canine services for the general public. Included in this sale are the following assets:

[*] Luxury Dog Boarding Kennels
[*] Fully stocked pet shop with all back stock included
[*] Fully functional and equiped Veterinary Clinic, Including all medications and surgical equipment
[*] Large Mansion Style Home and Office (ground floor). Lease Hold
[*] Large piece of land. Lease Hold
[*] Company Car
[*] Office equipment and furniture (inc. laptops)
[*] All metal work: fencing & enclosures
[*] Canine Excersize field
[*] Website
[*] Customer database
[*] Supplier Lists

K9 Cambodia is a dog lovers dream job, surrounded by cute puppies and lovely dogs in a green and very pleasent working enviroment. Everyday is a joy to undertake and the work you achieve contributes to the welfare of the animals in your care which is good karma.

Highly profitable, year-round revenue production and extremely satisfying work; K9 Cambodia is immediately up for sale as a simple turnkey enterprise and instant business solution for the decerning Entrepreneur.

The asking price for this business is: $235,000.00

For serious inquireis only, please contact me on: [email protected]

http://www.k9cambodia.com

[*] Large Mansion Style Home and Office (ground floor). Lease Hold
[*] Large piece of land. Lease Hold

Applying a recognised fair, reasonable, auditable asset test of any jurisdiction [you choose], can you explain the noted advertisement with regard to an asset ?

CJM555 wrote:[*] Large Mansion Style Home and Office (ground floor). Lease Hold
[*] Large piece of land. Lease Hold

Applying a recognised fair, reasonable, auditable asset test of any jurisdiction [you choose], can you explain the noted advertisement with regard to an asset ?

Certainly Sir, I'll gladly assist you,

A leasehold differs from a regular lease in that it gives the tenant the right to exclusively possess and use real property for a fixed time period. The landlord gives up this right for that time period, retaining the title or deed to the property but few other rights. This long-term exclusivity makes the leasehold an asset. Since the leasehold serves as a contractually provided interest, not the actual building, it is an intangible asset.
A leasehold is the right to use a property that the leaseholder does not own for a specified, extended period of time for a specified price. A written, long-term lease contract that the leaseholder possesses typically outlines the terms and conveys these rights. A leasehold also often refers to real property improvements made or property built by one entity on land owned by another. This type of leasehold is called a "leasehold improvement." As with a regular leasehold, the leaseholder -- the building's owner -- holds a long-term lease on the land on which the improvement sits.

Intangible assets do not have any physical characteristics or substance, and they have useful lives of more than one year. Intangible assets provide businesses that possess them with rights, privileges and advantages that offer the future benefit of increasing the firm's earning power. Intangible assets include copyrights and trademarks which help brand companies, providing market power as well as patents, which often result from significant investment in research and development. These assets also include royalty streams, software, licenses, franchise arrangements, goodwill and leaseholds.

The actual structure or property that a business uses or built does not constitute a leasehold or leasehold improvement; the interest in that structure or property does. The property or land owner conveys that interest by written documentation through a written lease agreement. Although the actual property is a physical asset, the leasehold is only an interest, and therefore it is not a physical asset. A company has the contractual right to use the property for its long-term future benefit. Therefore, a leasehold meets the specifications of an intangible asset.
A leasehold appears on corporate balance sheets as long-term assets, with the initial value reflecting the leasehold's original cost. As intangible assets, companies amortize leaseholds instead of depreciating them. As with other long-term assets, the leasehold's book value will reflect the reduction in value from its accumulated amortization.

Real reason for selling????? You have no affiliations with any government entities. You have no staff. All trainers have left. Vet has left. Vet tech is leaving. Many dog deaths recently . No one in Cambodia doesn't know what is going on with this sinking ship of a "business". Snk is a small town. Yet a other failed business by Leo. Lol.

Wait.....I'm making popcorn.

Lol, 7.30am is THE time for making popcorn.

Feels like pure fantasy to me. There's no way that a SHV business is doing $250K a year training, selling (or indeed taxidermist services), spaying, etc. dogs. Given the unsavoury reputation this business has developed - I'll give you $3 for it as long as you pay the lease(s) up to date until December 2025.

Even in SR a vet cannot make a living and I think there are plenty more pet owners here.

$250K. Suuuuureee...........

Buyers should be careful, otherwise they could get truly fucked over.

Doggy-style.