Do *not* pay for "blue sky"

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.
User avatar
frank lee bent
Expatriate
Posts: 11330
Joined: Sat May 17, 2014 4:10 am
Reputation: 2094
United States of America

Re: Do *not* pay for "blue sky"

Post by frank lee bent »

changed hands twice since then and appears to be profitable.
kptic
Expatriate
Posts: 229
Joined: Fri May 22, 2015 2:33 pm
Reputation: 56
Greece

Re: Do *not* pay for "blue sky"

Post by kptic »

xxxxxxx wrote: Sun May 20, 2018 11:56 pm
kptic wrote: Sun May 20, 2018 1:18 am OP might have a decent point. Look at Garage Bar. While the original owners operated it, the TOF crowd was always in there spending money, making the place seem lively. Once the place got sold, the 440 inner circle who mostly went to hang out with jm and each other, stopped going there quite as much.
I thought the original Garage owner decided to sell because his rent was about to skyrocket and he knew he couldn't carry on at the new rate. As I recall the new owner thought he could make it work despite the ridiculous rent due to his nearby rental river boat business and cross marketing. etc. Not sure how his strategy worked out. I haven't been near there for ages. Did the new guy sell or close the place? I thought he was still holding on.
It's been sold a couple of times since. The current owner is making a decent go of it from what I hear, but I haven't been by in a while.
User avatar
John Bingham
Expatriate
Posts: 13674
Joined: Sun Dec 07, 2014 11:26 pm
Reputation: 8892
Cambodia

Re: Do *not* pay for "blue sky"

Post by John Bingham »

It was always profitable if not hugely, the apartments above pay most of the rent anyway.
Silence, exile, and cunning.
User avatar
frank lee bent
Expatriate
Posts: 11330
Joined: Sat May 17, 2014 4:10 am
Reputation: 2094
United States of America

Re: Do *not* pay for "blue sky"

Post by frank lee bent »

Larry's provides some stiff competition.
not a huge difference in prices taken by and large.
User avatar
dron
Expatriate
Posts: 335
Joined: Wed Feb 14, 2018 10:52 am
Reputation: 36
Cambodia

Re: Do *not* pay for "blue sky"

Post by dron »

Landlords don't give a fuck if you can make it or not. They want their rent and that's it. If you fail they keep your deposit, jack up the rent even more, and find another sucker.

Image
"The revolution did more than legally create the United States; it transformed American society... Far from remaining monarchical, hierarchy-ridden subjects on the margin of civilization, Americans had become, almost overnight, the most liberal, the most democratic, the most commercial minded, and the most modern people in the world." - Gordon S. Wood
User avatar
console
Expatriate
Posts: 161
Joined: Wed Aug 08, 2018 7:18 pm
Reputation: 12
Cambodia

Re: Do *not* pay for "blue sky"

Post by console »

Great post, thanks kindly, but try explaining this to the business sellers.... I think "blue sky" = "good will" ?
Freelance coder / web developer. I make REAL web applications.
c#, NodeJS, Python... Contact ME !! I work for 50c beers !!!
User avatar
Toxic Turtle
Expatriate
Posts: 95
Joined: Tue Oct 30, 2018 11:32 am
Reputation: -19
Location: South Pastelleria Alemania, Afghanistan
Venezuela

Re: Do *not* pay for "blue sky"

Post by Toxic Turtle »

Holy fuck TLDR did you just write a story?
Anchor Moy
Expatriate
Posts: 13458
Joined: Wed May 28, 2014 11:37 pm
Reputation: 3974
Tokelau

Re: Do *not* pay for "blue sky"

Post by Anchor Moy »

Toxic Turtle wrote: Fri Nov 02, 2018 4:20 pm Holy fuck TLDR did you just write a story?
Why are you bumping up old posts to say they are TLTR ? You are posting 30 times a day to say not very much, except to comment on threads that you can't be bothered to read. Maybe time to go outside and get some air ?
User avatar
Toxic Turtle
Expatriate
Posts: 95
Joined: Tue Oct 30, 2018 11:32 am
Reputation: -19
Location: South Pastelleria Alemania, Afghanistan
Venezuela

Re: Do *not* pay for "blue sky"

Post by Toxic Turtle »

im good but thanks for your concern. are you a mod?
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: No registered users and 41 guests