Run a restaurant near Riverside

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jaggop
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Run a restaurant near Riverside

Post by jaggop »

BUSINESS-IN-BUSINESS OPPORTUNITY

Would you like to run your own restaurant? Then we have an offer for you:
Run a restaurant inside Riverside Backpackers, a hostel placed a few meters from Riverside.
Your restaurant would come with built-in customers (our guests) on a very central location. We will help you start up the kitchen and current staff will help with sales and bookkeeping.
Kitchen is small, but equipped with the basics (oven, microwave, gas cooker etc.) and pots, pans, plates, cutlery, etc. is available.

Your rent would be $550 a month including electricity (but not gas), and all profits made beyond that would be your income. We can be flexible about the rent in a start-up period, so you won't lose money.

Our hostel has some of the best (if not the best) coffee in Phnom Penh, so selling coffee "addons" would be a good idea.

OPENING HOURS:
The hostel is open from 6 am to 11 pm (with an hour or two extra at night, if there is a bit going on). The coffee is currently running from 6 am to 7.30 pm.

WHAT DOES THE KITCHEN DO NOW?
We currently sell a few breakfast items until noon and toasties beyond that. This is already making 100-200 dollar profit a month.

THIS SEEMS A GOOD OFFER - WHY DON'T YOU DO IT YOURSELF, THEN?
We really wouldn't know how to set up a clever menu with low waste-percentages, how to market it correctly, whether it should be on mealtemple.com, etc. So the right person who can plan a kitchen could make a very nice profit here. We are just not the right persons. Oh, and a bit busy with Hostel, Bar and Coffee-sales already.

WHAT ELSE IS UP?
We want your business to grow, so we can sell more beer, drinks and coffee and get better reviews on Tripadvisor and so on. So we would be very supportive of the right person. In the long run, we are aiming to create more activities at Riverside Backpackers (like board game nights, movie nights, happy hour and so on), but we need a running kitchen to succeed with these plans. If you are doing well, we're doing well too, so we would work together as a team.

AND WHO ARE YOU GUYS?
We are two siblings from Denmark who took over a hostel about 9 months ago. We are trained as a political scientist and an economist, respectively, so our experience in this field are limited. This is why expanding a kitchen on top of everything else is just too much.

THIS SOUNDS GREAT, HOW DO I CATCH YOU?
Well, you can write here, or you can send a mail to [email protected] for setting up a meeting. Or come by, we're on St. 144, #17, Riverside - one of the siblings is here most of the time.
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BklynBoy
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Re: Run a restaurant near Riverside

Post by BklynBoy »

jaggop wrote: Thu Apr 05, 2018 5:53 pm BUSINESS-IN-BUSINESS OPPORTUNITY

Would you like to run your own restaurant? Then we have an offer for you:
Run a restaurant inside Riverside Backpackers, a hostel placed a few meters from Riverside.
Your restaurant would come with built-in customers (our guests) on a very central location. We will help you start up the kitchen and current staff will help with sales and bookkeeping.
Kitchen is small, but equipped with the basics (oven, microwave, gas cooker etc.) and pots, pans, plates, cutlery, etc. is available.

Your rent would be $550 a month including electricity (but not gas), and all profits made beyond that would be your income. We can be flexible about the rent in a start-up period, so you won't lose money.

Our hostel has some of the best (if not the best) coffee in Phnom Penh, so selling coffee "addons" would be a good idea.

OPENING HOURS:
The hostel is open from 6 am to 11 pm (with an hour or two extra at night, if there is a bit going on). The coffee is currently running from 6 am to 7.30 pm.

WHAT DOES THE KITCHEN DO NOW?
We currently sell a few breakfast items until noon and toasties beyond that. This is already making 100-200 dollar profit a month.

THIS SEEMS A GOOD OFFER - WHY DON'T YOU DO IT YOURSELF, THEN?
We really wouldn't know how to set up a clever menu with low waste-percentages, how to market it correctly, whether it should be on mealtemple.com, etc. So the right person who can plan a kitchen could make a very nice profit here. We are just not the right persons. Oh, and a bit busy with Hostel, Bar and Coffee-sales already.

WHAT ELSE IS UP?
We want your business to grow, so we can sell more beer, drinks and coffee and get better reviews on Tripadvisor and so on. So we would be very supportive of the right person. In the long run, we are aiming to create more activities at Riverside Backpackers (like board game nights, movie nights, happy hour and so on), but we need a running kitchen to succeed with these plans. If you are doing well, we're doing well too, so we would work together as a team.

AND WHO ARE YOU GUYS?
We are two siblings from Denmark who took over a hostel about 9 months ago. We are trained as a political scientist and an economist, respectively, so our experience in this field are limited. This is why expanding a kitchen on top of everything else is just too much.

THIS SOUNDS GREAT, HOW DO I CATCH YOU?
Well, you can write here, or you can send a mail to [email protected] for setting up a meeting. Or come by, we're on St. 144, #17, Riverside - one of the siblings is here most of the time.
is this the Velkommen in? I know there are 2 locations across from eachother
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frank lee bent
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Re: Run a restaurant near Riverside

Post by frank lee bent »

sounds a great opportunity!
Dionysus
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Re: Run a restaurant near Riverside

Post by Dionysus »

Only worth considering if you get the whole f and b operation. But the f with no b, just flogging cheap meals to tight backpackers, can't see that making much money.

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phuketrichard
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Re: Run a restaurant near Riverside

Post by phuketrichard »

as above, if ur going to try and run a restaurant and ur ONLY making $$ off of food and paying $550/month rent, it cant work
u need the drinks, ( even if its only bottles of water to back packers) :-)
plus ur already selling coffee......
so selling coffee "addons" would be a good idea.
What is a coffee add on?
WHAT DOES THE KITCHEN DO NOW?
We currently sell a few breakfast items until noon and toasties beyond that. This is already making 100-200 dollar profit a month.
ya, BUT ur not paying any rent.... :beer3:
whats the profit on a toasty? $.50?
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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timmydownawell
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Re: Run a restaurant near Riverside

Post by timmydownawell »

Agreed, coffee would probably be the most profitable part of the business.
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jaggop
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Re: Run a restaurant near Riverside

Post by jaggop »

BklynBoy wrote: Fri Apr 06, 2018 4:07 am is this the Velkommen in? I know there are 2 locations across from eachother
It is one of them - the other one still has the original owner. It's the backpackers one (we had to change the name as part of takeover agreement).
Last edited by jaggop on Fri Apr 06, 2018 11:00 am, edited 1 time in total.
jaggop
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Re: Run a restaurant near Riverside

Post by jaggop »

phuketrichard wrote: Fri Apr 06, 2018 7:33 am What is a coffee add on?
A coffee add-on would be something like a croissant or something to-go. Something snack-sized to go with a Espresso.
ya, BUT ur not paying any rent.... :beer3:
whats the profit on a toasty? $.50?
True, we're not paying any rent, but you'd need 100-200 dollars less to reach break-even.
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Re: Run a restaurant near Riverside

Post by phuketrichard »

jaggop wrote: Fri Apr 06, 2018 10:52 am
phuketrichard wrote: Fri Apr 06, 2018 7:33 am What is a coffee add on?
A coffee add-on would be something like a croissant or something to-go. Something snack-sized to go with a Espresso.
ya, BUT ur not paying any rent.... :beer3:
whats the profit on a toasty? $.50?
True, we're not paying any rent, but you'd need 100-200 dollars less to reach break-even.
LOL

PLUS paying for staff.
Without letting them also handle ur beverages, coffee sales, there is no way they can even come close to break even with $550++/month expenses on food profit alone at a hostel>
I'd suggest making a deal where u eliminate the rent and split the profit with someone.
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: Run a restaurant near Riverside

Post by jaggop »

phuketrichard wrote: Fri Apr 06, 2018 10:56 am LOL

PLUS paying for staff.
Without letting them also handle ur beverages, coffee sales, there is no way they can even come close to break even with $550++/month expenses on food profit alone at a hostel>
I'd suggest making a deal where u eliminate the rent and split the profit with someone.
You don't have to pay for staff that is already there (I do). You probably wouldn't need to hire additional staff until business was really up and running. Although staff would need to be trained in their additional tasks, of course.
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