RESTAURANT TAVERN FOR SALE - SIEM REAP

Yes... we are absolutely interested in your $50,000 bar for sale with 3 stools and no customers.
Lexroulor
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Cambodia

RESTAURANT TAVERN FOR SALE - SIEM REAP

Post by Lexroulor » Fri Dec 27, 2019 10:23 am

FOR SALE: THE HARBOUR RESTAURANT TAVERN - SIEM REAP

Very renowned and very well established and profitable business for sale in Siem Reap. The Harbour has been running for over 5 years, and has experienced a very steady trend of growth in the past 3 years. The Harbour is 100% functionable right now, and ready to operate by itself and generate profit instantly: That's the perfect turn key business.

A very quick overview:
- Set close to Sok San Road, along the Night Market Street, walking distance from the Old Market and Pub Street.
- Nested on the first floor of a beautiful wooden house, with a huge front yard and maximum visibility from the street.
- Very well known among the expats community and gathering a lot of tourists form a tremendous online presence and strong word of mouth due to great impressions from visitors.
- Featured in the Lonely Planet and showing only top level reviews on Google+ and Tripadvisor
- Featured several times on TV and TV shows (Netflix's Travels With My Father - Jack Whitehall - for example)
- Based on a strong concept with a one of a kind menu, and homemade flavored rums
- Offers the best and most varied live music scene in Siem Reap, with a great musician community involved.
- 4 1/2 years solid remaining on the lease, with an option to easily extend for a much longer period of time (and the possibility to actually take over the WHOLE property that includes the ground floor and an extra building to generate a very comfortable extra rental income or live in).

The tavern is sold with all its equipment (that can be listed upon request) and all its online materials and communication tools. As explained, there is also an option to take over the whole property since the tavern is sharing the building with Lex Roulor Tattoo Shop on the ground floor; we can discuss a package to pass the lease agreement.

NEW SELLING PRICE: $35,000 NEGOTIABLE - We'd like the business to be sold by April.
All numbers and information available upon request. Contact me in PM or via email at [email protected]

A few videos from The Harbour (many more pictures and visuals available)
www.facebook.com/theharboursiemreap/vid ... 236927389/
www.facebook.com/theharboursiemreap/vid ... 598730040/
www.facebook.com/theharboursiemreap/vid ... 064394289/
www.facebook.com/gaew.goodluck/videos/4 ... AyMDc2ODI/
www.facebook.com/gaew.goodluck/videos/4 ... AyNDM2ODM/
angkorjohn2
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Re: RESTAURANT TAVERN FOR SALE - SIEM REAP

Post by angkorjohn2 » Tue Jan 07, 2020 4:31 am

Glad the price dropped but it's still $20k over budget. It is a wooden dive bar, popular yes but you are hardly buying some up to date conversion. Considering what some of the other bars in Arguing have gone for E.g. Republic bar, youll be waiting until April 2022 still trying to sell it. You have been trying to sell it since April 2018 with no luck. It is only worth what someone is prepared to pay. Siem Reap tourism is dying so it is just locals and expats you will rely on for trade. If you want it sold by April rethink the price.
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