soup wrote: ↑Mon Feb 19, 2018 4:29 am Most bar/hotel owners struggle under a load of market saturation and regret their investment choices.

In the 7 months that I have lived here, I have met many business owners, 'living the dream'....just by sitting down in a bar and chatting with people. I'm going to suggest you do the same.
This way, we forum readers don't have to wade through the futility of your posts and responses to posts.

There are opportunities out there, and I could tell you where that opportunity is, but I'm not going to violate anyone's privacy to do so.

Personally, and don't take this personally, you don't sound like you would be an enjoyable business partner, and that would only lead to problems.

Best of luck.

kiwiincambodia wrote: ↑Mon Feb 19, 2018 6:21 am Can any perspective partner expect you to be posting online all night so they have to do all the work during the day while you sleep?

aj21 wrote:

kiwiincambodia wrote: ↑Mon Feb 19, 2018 6:21 am Can any perspective partner expect you to be posting online all night so they have to do all the work during the day while you sleep?

Yes, I am not the 9-5 guy. Never have been. I am prepared to work as hard as I possibly can at any hour of the day in order to be successful. That might involve some late nights and could mean that my partner has to work alone while I sleep. Anyone reasonable business partner would not only accept that but embrace it.

Thanks for your comments.

bangkokhooker wrote: ↑Mon Feb 19, 2018 8:38 am May I ask pczz was your role was/is in setting up these businesses?

pczz wrote: ↑Mon Feb 19, 2018 12:54 pm

bangkokhooker wrote: ↑Mon Feb 19, 2018 8:38 am May I ask pczz was your role was/is in setting up these businesses?

I was a consultant working for a company engaged by the people concerned to do feasibility studies, businessplans , source material and land, arrange customs clearance for imports, export documentation for agricultural produce, company creation and so on.

pczz wrote: ↑Mon Feb 19, 2018 8:07 am

aj21 wrote: ↑Mon Feb 19, 2018 1:26 am

pczz wrote: ↑Mon Feb 19, 2018 12:56 am

aj21 wrote: ↑Mon Feb 19, 2018 12:29 am

pczz wrote: ↑Mon Feb 19, 2018 12:25 am Double your budget for anywhere in a good lication and add 100% for company formation and tea m9bey for anything to do with tourism. Cambidian rents are insane

555 yeah ok. Are you interested in partnering, if so I would be ghappy to discuss specifics with you via pm. Thanks.

https://www.businessesforsale.com/searc ... n-cambodia
You said 30k to 50k each. That is only 100k. Successful bars go for 60k up. Guest houses and small hotels are more. And refurbing even 20 rooms is going to cost between $1000 and $2000 a room. Leases are generally no more than 3 years snd rents rise up to 25% a year. Last decent sized guesthouse i saw that was profitable in a good area was 7k a month rent. Realistically you need to scale down or up the investment. Not a criticism.

I haven't received a pm from you so I'm going to assume that you are more keyboard warrior than serious business partner. Keyboard warrior is a very easy job, you can write whatever you want. Starting a business on the other hand is hard and time consuming. Consequently, I just don't have time to continue this discussion with you. Have a good day.

For those who might be interested in a private discussion please ignore pczz. He has no knowledge of any of the opportunities I'm currently pursuing, not to mention too much time on his hands! This is a genuine opportunity for someone to make a go of it in Phnom Penh and live the dream. I accept that it might not be for everyone, I even accept that I might not find a suitable partner. That's OK, but I am willing to have productive conversations with anyone who has an interest in what I'm trying to achieve.

Thanks all.

I am sorry you have taken exception to my comments which were not criticism of your proposals, but a reality check.
You have been in Cambodia 10 months. I have been here 8 years and have worked with foreign entrepreneurs attempting to start businesses with $500,000 budgets including new boutique hotels, dairies and Agro business. They all had a good plan, but had not understood the problems foreigners face in starting businesses in Cambodia, which is a long way down the table in the international "ease of doing business" league. Most, if not all, the members of this forum will know at least one person who has had their fingers burned with red tape, unscrupulous landlords and unexpected payments. Some have run and are running successful businesses but the majority of them will tell you that making a profit high enough to enjoy the good life in Cambodia is far from easy, if not damn impossible. As mentioned by another poster the main killer is rents. if you are seen to be successful then the landlord will increase the rent disproportionately. This is not unique to Cambodia but the amounts are staggering from a business perspective because of huge amounts of money being thrown at the country by the Chinese. You are severely undercapitalized for your stated objective of taking on a successful business in a prime area because your proposed budget is insufficient to buy a business like that and deal with the administrative hurdles. I wish you the best of luck.