Bar for sale in Kampot

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.
karims
Tourist
Posts: 1
Joined: Fri Apr 12, 2019 11:46 pm
Reputation: 1

Bar for sale in Kampot

Post by karims »

Butterfly Effect Kampot is now on sale. Grab this unique opportunity to own a bar located in the center of Kampot, Cambodia.
Opened one year ago, Butterfly Effect is already one the top nightlife spot open until 6am everyday of the week.

The location
Right in the center of Kampot at the old market, the foot traffic is the most dense in town and perfect for tourist related business. The street is constantly attracting more business and increase the potential.
https://goo.gl/maps/wCMjfvbEp7Q2


The property
The street terrace (5m*5m) can accommodate over 15 seats with half of it surface covered
The main room (5m*17) is fully exposed to the street and can accommodate over 25 seats the bar is fully functional and equipped
The kitchen (5m*3m) is also fully equipped with an open view
The back garden (10m*5m) is a great space for any extension of the business
The first floor terrace (5m*4m) is fully covered and can accommodate over 10 seats.
The first floor room(15m*5m) is a great available space for an extension of the business

The lease
The lease is valid until 01 September 2025
A new contract will be signed on your name with the landlord of the property with the same conditions and length than the current contract.
Negotiations with the landlord can be started for longer lease for higher rent.
The rent is $400 for the first year, $600 for the following $2 years and $700 until the end of the contract
The deposit is 3 months.

The business
https://web.facebook.com/butterflyeffect.kampot/
The sale includes all the rights to Buttefly Effect :
Company name and marketing (Logo, Flyers, Social, Advertising )
Food Recipe and supplier
Full Menu (Graphics, Suppliers, Stock check )
All current stock are included ( over $2000)
All kitchen and restaurant equipment
Bar equipment
Point of sale system
The kitchen and bar staff are available and looking forward to keep working with a similar conditions.
Sale reports will be provided upon request

Price:
$65000 Negotiable depending on the payment method and currency. Bitcoin and cryptocurrency accepted with discount.

Image Image Image Image Image Image Image Image Image Image Image
angkorjohn2
Expatriate
Posts: 686
Joined: Wed Dec 19, 2018 11:39 am
Reputation: 679
United States of America

Re: Bar for sale in Kampot

Post by angkorjohn2 »

karims wrote: Sun Apr 14, 2019 2:32 pm Butterfly Effect Kampot is now on sale. Grab this unique opportunity to own a bar located in the center of Kampot, Cambodia.
Opened one year ago, Butterfly Effect is already one the top nightlife spot open until 6am everyday of the week.

The location
Right in the center of Kampot at the old market, the foot traffic is the most dense in town and perfect for tourist related business. The street is constantly attracting more business and increase the potential.
https://goo.gl/maps/wCMjfvbEp7Q2


The property
The street terrace (5m*5m) can accommodate over 15 seats with half of it surface covered
The main room (5m*17) is fully exposed to the street and can accommodate over 25 seats the bar is fully functional and equipped
The kitchen (5m*3m) is also fully equipped with an open view
The back garden (10m*5m) is a great space for any extension of the business
The first floor terrace (5m*4m) is fully covered and can accommodate over 10 seats.
The first floor room(15m*5m) is a great available space for an extension of the business

The lease
The lease is valid until 01 September 2025
A new contract will be signed on your name with the landlord of the property with the same conditions and length than the current contract.
Negotiations with the landlord can be started for longer lease for higher rent.
The rent is $400 for the first year, $600 for the following $2 years and $700 until the end of the contract
The deposit is 3 months.

The business
https://web.facebook.com/butterflyeffect.kampot/
The sale includes all the rights to Buttefly Effect :
Company name and marketing (Logo, Flyers, Social, Advertising )
Food Recipe and supplier
Full Menu (Graphics, Suppliers, Stock check )
All current stock are included ( over $2000)
All kitchen and restaurant equipment
Bar equipment
Point of sale system
The kitchen and bar staff are available and looking forward to keep working with a similar conditions.
Sale reports will be provided upon request

Price:
$65000 Negotiable depending on the payment method and currency. Bitcoin and cryptocurrency accepted with discount.

Image Image Image Image Image Image Image Image Image Image Image
I'm guessing your finger slipped on the price and you meant $6,500? You've a little pizza bar in Kampot which is over-saturated with restaurants as it is, you've been open 1 year so no real reputation, 6 reviews on tripadvisor selling $1 shots $2 cocktails and $5 pizza. for your $65k you get $2k worth of stock and by the looks of things $500 of furniture. Including the rent for the duration you are looking at one sucker paying $110K for this? never mind electric and staff wages etc. Love to know how you came up with the price. Any buyer will work out he will never make his or her money back on such a ridiculous price.

There was the bigger and nicely done out walkabout bar (again only open 1 year) that the owner thought he'd get $49K for...I believe it went for about $10k. You can't flip businesses like you used to 5 years ago. Good luck with your sale but drop the ambitious price. Nice graphics though.
User avatar
Jerry Atrick
Expatriate
Posts: 5440
Joined: Sat May 17, 2014 4:19 pm
Reputation: 3052
Central African Republic

Re: Bar for sale in Kampot

Post by Jerry Atrick »

Yeah, it's a scam price. Plus neighbours hate it as it's making noise pollution until 6am.

The building is only worth 40% more than this chancer is asking for the lease!
angkorjohn2
Expatriate
Posts: 686
Joined: Wed Dec 19, 2018 11:39 am
Reputation: 679
United States of America

Re: Bar for sale in Kampot

Post by angkorjohn2 »

Seems he needs the $65k because he can't pay his staff. Buyer beware here :stir:

Image
User avatar
Duncan
Sir Duncan
Posts: 8149
Joined: Tue Jun 03, 2014 8:22 pm
Reputation: 2357
Location: Wonder Why Central

Re: Bar for sale in Kampot

Post by Duncan »

Upsetting your staff and making them unhappy is one sure fire way of making your bar run at a loss.
Cambodia,,,, Don't fall in love with her.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
User avatar
JUDGEDREDD
Expatriate
Posts: 899
Joined: Wed May 31, 2017 2:34 am
Reputation: 368
Christmas Island

Re: Bar for sale in Kampot

Post by JUDGEDREDD »

Weird place, drum and bass turned up to 11. cheap pizza and questionable MCs
Slow down little world, you're changing too fast.
phkachhouk
Expatriate
Posts: 109
Joined: Thu Apr 18, 2019 12:36 pm
Reputation: 20
Australia

Re: Bar for sale in Kampot

Post by phkachhouk »

$65000?


:ROFL:


Hold my pint I might spill it.


“Unique”?
As in the only bar anywhere not worth $65000.
User avatar
console
Expatriate
Posts: 161
Joined: Wed Aug 08, 2018 7:18 pm
Reputation: 12
Cambodia

Re: Bar for sale in Kampot

Post by console »

65k is freehold price ?
Freelance coder / web developer. I make REAL web applications.
c#, NodeJS, Python... Contact ME !! I work for 50c beers !!!
User avatar
Clutch Cargo
Expatriate
Posts: 7743
Joined: Mon Mar 26, 2018 3:09 pm
Reputation: 6001
Cambodia

Re: Bar for sale in Kampot

Post by Clutch Cargo »

JUDGEDREDD wrote: Sun Apr 21, 2019 5:04 pm Weird place, drum and bass turned up to 11.
Ah, must have one of these:


SrokKhmer
Expatriate
Posts: 45
Joined: Thu Mar 29, 2018 2:04 pm
Reputation: 11
Cambodia

Re: Bar for sale in Kampot

Post by SrokKhmer »

Rule number 1. Never put your business up for sale on Khmer expat type forums, it never ends well with so many bar-stool detectives.
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: No registered users and 162 guests