Selling restaurant and lease of 4 story house, Riverside Phnom Penh
Selling restaurant and lease of 4 story house, Riverside Phnom Penh
Few meters off riverside Phnom Penh, great location with new hotel next door.
Restaurant well established, newly renovated and new equipmened. Upper floors are rented (short & long term) which covers overheads, with potential to grow.
Monthly lease US$ 1.200 only, 4 year left - leases in this area are usually much higher!
I have other business I need to concentrate on.
Restaurant well established, newly renovated and new equipmened. Upper floors are rented (short & long term) which covers overheads, with potential to grow.
Monthly lease US$ 1.200 only, 4 year left - leases in this area are usually much higher!
I have other business I need to concentrate on.
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Re: Selling restaurant and lease of 4 story house, Riverside Phnom Penh
U forgot the most important part's
HOW MUCH ?
ONLY 4 years left on lease? Renewal possible?
HOW MUCH ?
ONLY 4 years left on lease? Renewal possible?
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
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Re: Selling restaurant and lease of 4 story house, Riverside Phnom Penh
if the rooms are rented short term then that means at some point they will be empty and wont cover overheads
overheads as in lease?
overheads as in lease?
i am on these blocked lists;
pucketrichard
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Re: Selling restaurant and lease of 4 story house, Riverside Phnom Penh
How much?AlexUli wrote:Few meters off riverside Phnom Penh, great location with new hotel next door.
Restaurant well established, newly renovated and new equipmened. Upper floors are rented (short & long term) which covers overheads, with potential to grow.
Monthly lease US$ 1.200 only, 4 year left - leases in this area are usually much higher!
I have other business I need to concentrate on.
ceiling cat is watching you masterbate
Re: Selling restaurant and lease of 4 story house, Riverside Phnom Penh
Apologize, forgot some details:
US$ 60.000 (incl. all inventory)
Overheads are lease, electric, utilities + salaries (US$ 2.000). Lease income a bit below in low season, in high season over (sold via all major OTAs)
Rooms in need of refit.
Lease renewable - she was saying increase to US$ 1.400 then (to be negotiated with landlord).
US$ 60.000 (incl. all inventory)
Overheads are lease, electric, utilities + salaries (US$ 2.000). Lease income a bit below in low season, in high season over (sold via all major OTAs)
Rooms in need of refit.
Lease renewable - she was saying increase to US$ 1.400 then (to be negotiated with landlord).
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Re: Selling restaurant and lease of 4 story house, Riverside Phnom Penh
^^ Would this be the Dot Grill:Lounge?
Re: Selling restaurant and lease of 4 story house, Riverside Phnom Penh
Does the overhead $ include food and drink supplies for restaurant too ?AlexUli wrote:Apologize, forgot some details:
US$ 60.000 (incl. all inventory)
Overheads are lease, electric, utilities + salaries (US$ 2.000). Lease income a bit below in low season, in high season over (sold via all major OTAs)
Rooms in need of refit.
Lease renewable - she was saying increase to US$ 1.400 then (to be negotiated with landlord).
"i'm the one who has to die, when it's time for me to die, so let me live my life the way i want to"
jimi hendrix
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Re: Selling restaurant and lease of 4 story house, Riverside Phnom Penh
The place loses money and the income does not cover the lease. It does indeed sound like a bargain at 60K.Lease income a bit below in low season, in high season over (sold via all major OTAs)
Rooms in need of refit.
Re: Selling restaurant and lease of 4 story house, Riverside Phnom Penh
48 x 2000 = 96000 + 60000 = $156,000 plus the cost of the food and drink to sell for 4 years and the rooms need renovating ? Doesn't sound that great to me.
"i'm the one who has to die, when it's time for me to die, so let me live my life the way i want to"
jimi hendrix
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Re: Selling restaurant and lease of 4 story house, Riverside Phnom Penh
Better put 156000$ on black or red at nagaworld.beaker wrote:48 x 2000 = 96000 + 60000 = $156,000 plus the cost of the food and drink to sell for 4 years and the rooms need renovating ? Doesn't sound that great to me.
ceiling cat is watching you masterbate
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