Walkabout Hotel Bar and Restaurant in Phnom Penh FOR SALE: $150,000
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Walkabout Hotel Bar and Restaurant in Phnom Penh FOR SALE: $150,000
Asking Price: $150,000 (furniture and fixtures included)
Sales Revenue: $250,000-$500,000
Real Estate: Lease
Lease Terms: Owner offers new lease for negotiation
Living Accommodation: Choice of 20 rooms if needs be
Location: Central Phnom Penh close to Pontoon, Heart of Darkness
Premises Details: 2 bars, restaurant/kitchen, 20 rooms in full operation
Expansion Potential: Great scope to renovate or refresh with a coat of paint
Competition / Market: Several bars in the area but that makes the area attractive.
Reasons for selling: We started Walkabout in 1998 and have recently moved the children to school in Australia.
Trading hours: 24 hrs a day
Employees: 25
Operating 24hrs a day for 17 years. Iconic business in the heart of the nightlife area of Phnom Penh.
Turn key deal with new lease available.
http://www.businessesforsale.com/walkab ... -sale.aspx
Sales Revenue: $250,000-$500,000
Real Estate: Lease
Lease Terms: Owner offers new lease for negotiation
Living Accommodation: Choice of 20 rooms if needs be
Location: Central Phnom Penh close to Pontoon, Heart of Darkness
Premises Details: 2 bars, restaurant/kitchen, 20 rooms in full operation
Expansion Potential: Great scope to renovate or refresh with a coat of paint
Competition / Market: Several bars in the area but that makes the area attractive.
Reasons for selling: We started Walkabout in 1998 and have recently moved the children to school in Australia.
Trading hours: 24 hrs a day
Employees: 25
Operating 24hrs a day for 17 years. Iconic business in the heart of the nightlife area of Phnom Penh.
Turn key deal with new lease available.
http://www.businessesforsale.com/walkab ... -sale.aspx
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Re: Walkabout Hotel Bar and Restaurant in Phnom Penh FOR SALE: $150,000
"Sub-premium skanks not included."
"If you want a vision of the future, imagine a boot stamping on a human face - forever." - George Orwell
Re: Walkabout Hotel Bar and Restaurant in Phnom Penh FOR SALE: $150,000
i am staying at bluetouge next door an they are meant to be remodelling the rooms.. an today they are taking out all furniture upstairs and talk of closing the bar as well soon.
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Re: RE: Re: Walkabout Hotel Bar and Restaurant in Phnom Penh FOR SALE: $150,000
Feels like almost every business in Cambodia is for sale at the moment, especially in Sihanoukville.ron100 wrote:i am staying at bluetouge next door an they are meant to be remodelling the rooms.. an today they are taking out all furniture upstairs and talk of closing the bar as well soon.
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Re: Walkabout Hotel Bar and Restaurant in Phnom Penh FOR SALE: $150,000
I agree, I have seen countless listings on various websites for bars/restaurants etc. of late..... trying to get out before the impending 'lull' perhaps????
No business confidence? I don't know.....
No business confidence? I don't know.....
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Re: Walkabout Hotel Bar and Restaurant in Phnom Penh FOR SALE: $150,000
Threats of civil unrest in the lead up to, during and after the next election might be a factor.
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Re: RE: Re: Walkabout Hotel Bar and Restaurant in Phnom Penh FOR SALE: $150,000
gavinbrisbane wrote:I agree, I have seen countless listings on various websites for bars/restaurants etc. of late..... trying to get out before the impending 'lull' perhaps????
No business confidence? I don't know.....
Will be interesting to watch the asking prices go down and down.Username Taken wrote:Threats of civil unrest in the lead up to, during and after the next election might be a factor.
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Re: Walkabout Hotel Bar and Restaurant in Phnom Penh FOR SALE: $150,000
Alley Cat, Sharky's and now Walkabout... 3 Phnom Penh expat institutions (used loosely) changing hands.
They may be exiting at the top of the market with everyone and their dog predicting trouble at the next elections. Or maybe the truth is more far afield, with Europe looking like it's on the verge of something violent with the Muslims in the next decade, meaning fewer middle class Western tourists for these firmly Western focused businesses.
Personally, if I was European, I'd want to cash out now so I have a big wad of money to stay here.
They may be exiting at the top of the market with everyone and their dog predicting trouble at the next elections. Or maybe the truth is more far afield, with Europe looking like it's on the verge of something violent with the Muslims in the next decade, meaning fewer middle class Western tourists for these firmly Western focused businesses.
Personally, if I was European, I'd want to cash out now so I have a big wad of money to stay here.
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Re: Walkabout Hotel Bar and Restaurant in Phnom Penh FOR SALE: $150,000
nah,ot mien kampf wrote:Alley Cat, Sharky's and now Walkabout... 3 Phnom Penh expat institutions (used loosely) changing hands.
They may be exiting at the top of the market with everyone and their dog predicting trouble at the next elections. Or maybe the truth is more far afield, with Europe looking like it's on the verge of something violent with the Muslims in the next decade, meaning fewer middle class Western tourists for these firmly Western focused businesses.
Personally, if I was European, I'd want to cash out now so I have a big wad of money to stay here.
Money is not the problem, the problem is no money
Re: Walkabout Hotel Bar and Restaurant in Phnom Penh FOR SALE: $150,000
Fucking A! I went there in 1998 (think I went back once in 2006) Same year they opened.
Time flys etc.
Time flys etc.
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