SALE RESTAURANT IN KRATIE (NEW TERMS)

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.
gonzaloandres
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SALE RESTAURANT IN KRATIE (NEW TERMS)

Post by gonzaloandres »

GOOD OPPORTUNITY IN TOURIST TOWN. Sale/Transfer TOKAE RESTAURANT and STAR GUESTHOUSE in Kratie. Prime location in town, just opposite the central market and 20 mts. from riverside. Building consists : Ground floor restaurant with 8 terrace tables and 7 tables inside, kitchen and toilette. First floor has 4 doble rooms with private bathroom each, 1 dorm with 6 beds and bathroom as well as a large balcony. Second floor has huge rooftop bar overlooking the city. Well represented in LONELY PLANET, LE ROUTARD and TRIPADVISOR. The staff has several years of experience. Price: $15.000. Rent: $900/month. Contract: 3-5 years.
Contact: Andres 0978320400

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AndyKK
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Re: SALE RESTAURANT IN KRATIE (NEW TERMS)

Post by AndyKK »

Old for sale add.
Sale/Transfer TOKAE RESTAURANT and STAR GUESTHOUSE in Kratie. Prime location in town, just opposite the central market and 20 mts. from riverside. Building consists : Ground floor restaurant with 8 terrace tables and 7 tables inside, kitchen and toilette. First floor has 7 doble rooms with private bathroom each, 1 dorm with 6 beds and bathroom as well as a large balcony. Second floor has huge rooftop bar overlooking the city. Well represented in LONELY PLANET, LE ROUTARD and TRIPADVISOR. The staff has several years of experience. Gross annual revenue 2.017: $ 85.000. Rent: $ 1.150/month. Contract: 3 - 5 years. Price: $ 17.500. Contact: Andres 0978320400

Ok I can understand the sale price going down. But the monthly Rent? How was that managed?
Always "hope" but never "expect".
G. Andres
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Re: SALE RESTAURANT IN KRATIE (NEW TERMS)

Post by G. Andres »

for any question, my email is [email protected]
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phuketrichard
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Re: SALE RESTAURANT IN KRATIE (NEW TERMS)

Post by phuketrichard »

HUH:
Price: $15.000. Rent: $900/month. Contract: 3-5 years. June 20th

Price: $9.000. Rent: $900/month. Contract: 3-5 years. topic20846.html

and before;
Rent: $ 1.150/month. Contract: 3 - 5 years. Price: $ 17.500. Contact: Andres 0978320400

wtf??? LOL
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: SALE RESTAURANT IN KRATIE (NEW TERMS)

Post by Anchor Moy »

phuketrichard wrote: Wed Jun 20, 2018 5:11 pm HUH:
Price: $15.000. Rent: $900/month. Contract: 3-5 years. June 20th

Price: $9.000. Rent: $900/month. Contract: 3-5 years. topic20846.html

and before;
Rent: $ 1.150/month. Contract: 3 - 5 years. Price: $ 17.500. Contact: Andres 0978320400

wtf??? LOL
Where's the surprise ? He wants to sell it soon, so he put the price down. Fair enough. Probably the landlord initially expected a rent increase with the sale, but it's been renegotiated because no buyer, no rent.
More intriguing is a rental contract for 3-5 years. Is it 3, or is it 5 years ? Or is it 3 years at $900, and then increased to $1,150pm ?

As an aside, this restaurant and guest house is very central and in a great location for people-watching, just opposite the market, and is one of the original businesses in Kratie to cater for westerners. (There are still not many, so not much competition.) It used to be called Star for many years. Possibility to do something good with the rooftop, and the restaurant has always had good reviews. At the new, lower, price, it could be an interesting investment - if you want to go live in Kratie of course.

All this is IMO, and I'm not connected to the seller in any way - except for the fact that he paid me a beer last time I stopped by. :beer2:
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