Up Hostel on Sisowath Quay (Phnom Penh Riverside) 4SALE $22K

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.
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Up Hostel on Sisowath Quay (Phnom Penh Riverside) 4SALE $22K

Post by CEOCambodiaNews »

A Phnom Penh hostel on the riverside is for sale:



* Urgent Business For Sell " UP HOSTEL" .

- 1st Floor Hostel with 6 Rooms and 18 dormitory beds.

- Very Good location just 50m near night market, Sisowath Quay, river view.

- Hostel Size: 8m * 28m

- Up to 4.5 leasing contract

- Monthly leasing $970

- Sell: $22,000

Should you seek for more detail please email or call 012282021/017837589
Email: [email protected]

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Visalnong
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Re: Up Hostel on Sisowath Quay (Phnom Penh Riverside) 4SALE

Post by Visalnong »

I just saw it right now.
Did you sold out already?

thanks,
visal
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Re: Up Hostel on Sisowath Quay (Phnom Penh Riverside) 4SALE

Post by General Mackevili »

CEOCambodiaNews wrote:
Should you seek for more detail please email or call 012282021/017837589
Email: [email protected]
Visalnong wrote:I just saw it right now.
Did you sold out already?

thanks,
visal
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Re: Up Hostel on Sisowath Quay (Phnom Penh Riverside) 4SALE

Post by vladimir »

Visal, I trust you understand that 22,000 is not the sale price of the building. It's only for the business name/goodwill.
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Re: Up Hostel on Sisowath Quay (Phnom Penh Riverside) 4SALE

Post by frank lee bent »

i know this place- very good deal
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Re: Up Hostel on Sisowath Quay (Phnom Penh Riverside) 4SALE

Post by hanno »

frank lee bent wrote:i know this place- very good deal
How is that. With the prices I see on internet, they are pulling in about USD 100.00 a day IF they have a full house.
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Re: Up Hostel on Sisowath Quay (Phnom Penh Riverside) 4SALE

Post by frank lee bent »

i think he means 6 rooms - PLUS 18 dormitory beds.
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Re: Up Hostel on Sisowath Quay (Phnom Penh Riverside) 4SALE

Post by hanno »

frank lee bent wrote:i think he means 6 rooms - PLUS 18 dormitory beds.
I got that. They sell the rooms at USD 10.00 a night and the beds at what, USD 3.00? OK, so that is USD 114.00 a night if and when they are full.
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Re: Up Hostel on Sisowath Quay (Phnom Penh Riverside) 4SALE

Post by Bitte_Kein_Lexus »

I agree it seems like a very good deal. On my phone so can't see reviews, but renovations alone would cost almost that much.
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