Want to buy a hostess bar

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.
User avatar
hanno
Expatriate
Posts: 6803
Joined: Fri May 16, 2014 12:37 pm
Reputation: 3172
Location: Phnom Penh
Contact:
Germany

Re: Want to buy a hostess bar

Post by hanno »

Rufin, take the money you want to invest and use it to go on a blinder. The money will last longer and you will have more fun that way.
Rufin
Tourist
Posts: 4
Joined: Thu May 14, 2020 2:51 am
Reputation: 1
Australia

Re: Want to buy a hostess bar

Post by Rufin »

Stern we have asked about that bar but it has already been sold
User avatar
SternAAlbifrons
Expatriate
Posts: 5752
Joined: Sat Mar 23, 2019 11:31 am
Reputation: 3424
Location: Gilligan's Island
Pitcairn Island

Re: Want to buy a hostess bar

Post by SternAAlbifrons »

Rufin wrote: Thu May 14, 2020 8:54 am Stern we have asked about that bar but it has already been sold
Phew!
Now go out and buy a lottery ticket - the alignment of the stars are on your side today.

Seriously, sorry for the scepticism but i have seen so many people with this dream end up in tears.
A few do succeed, but very few.
The hospitality biz is fraught for all those dreamers who go into the industry untrained and inexperienced. It is the most competitive industry on the planet. The failure rate is extraordinary.
But maybe you have got that rare blend of skills, training and character to succeed. I don't want to put a hex on anybody's dream. Good luck.
Buy that lottery ticket anyway, the stats say they have approximately an equal chance of success.
User avatar
jah steu
Expatriate
Posts: 585
Joined: Wed May 14, 2014 6:02 pm
Reputation: 363
Australia

Re: Want to buy a hostess bar

Post by jah steu »

There are a few bars now being offered for ‘free’. You just stump up about $5K as a rental security deposit, pay the first month’s rent, sign the lease, and move in. The previous owners have just walked out due to the current extended closure of all the hostess bars.
The OP’s girlfriend could check these bars out and start running one if she has the experience and motivation to do so.
The OP could provide the funds from back in Aus!
It’s a challenging, exhausting, roller-coaster ride industry to be involved in but can provide a lot of fun and even some profit if you put in the commitment necessary.


Sent from my iPhone using Tapatalk
Sent from embedded sub-cutaneous iPhone 9 using Tapatalk.
User avatar
xX.TROPA.Xx
Expatriate
Posts: 798
Joined: Mon Jul 16, 2018 7:54 pm
Reputation: 388
Nigeria

Re: Want to buy a hostess bar

Post by xX.TROPA.Xx »

There's a Swedish guy in PP that could tell you everything you need to know about opening a bar and getting schooled by a girl who didn't go to school, can't think of his name right now...
User avatar
Jerry Atrick
Expatriate
Posts: 5432
Joined: Sat May 17, 2014 4:19 pm
Reputation: 3051
Central African Republic

Re: Want to buy a hostess bar

Post by Jerry Atrick »

xX.TROPA.Xx wrote: Tue Jun 02, 2020 4:34 pm There's a Swedish guy in PP that could tell you everything you need to know about opening a bar and getting schooled by a girl who didn't go to school, can't think of his name right now...
There's probably a whole village of them tbf
kritsana77
Expatriate
Posts: 93
Joined: Tue Feb 05, 2019 9:14 pm
Reputation: 44
Thailand

Re: Want to buy a hostess bar

Post by kritsana77 »

You could not GIVE me a bar these days. You would have to be crazy to think about buying one. :beer3: :beer3: :beer3:
User avatar
Kung-fu Hillbilly
Expatriate
Posts: 4153
Joined: Sat May 17, 2014 11:26 am
Reputation: 4966
Location: Behind you.
Australia

Re: Want to buy a hostess bar

Post by Kung-fu Hillbilly »

I've got the utmost respect for any westerner who can run a successful business in SEA. I've had a small tourist boat business in Lombok, been a partner in a bar in Bali, and invested dough in a guesthouse/hotel in Pokhara - In total over the years burning between $130 -140 grand.

I see hostess bars being a whole new level of pain and puss and tip my hat to anyone who can pull them off (pardon the pun)- those of Jeh Stu's (sp?) ilk are a whole different breed of industrialist in possession of certain inherent qualities alien to many of us. Don't do, don't do it, don't do it!!

Just to add, If I ever meet any of you for a beer and suggest a business idea, poor that beer over my head, slap me across the face and have security throw me out! PLEASE!!
willyhilly
Expatriate
Posts: 1758
Joined: Sun Jan 17, 2016 7:11 am
Reputation: 357
Location: Australia
Albania

Re: Want to buy a hostess bar

Post by willyhilly »

Well it’s nearly 2022 and it’s a good time to buy a bar. Surely. But not with a girlfriend. I might just come and have a look. I’m on the pension so a little bit more than breaking even would suffice.
I can still speak enough Khmer to get into trouble and know how to build things.
User avatar
jah steu
Expatriate
Posts: 585
Joined: Wed May 14, 2014 6:02 pm
Reputation: 363
Australia

Re: Want to buy a hostess bar

Post by jah steu »

Actually it’s much easier to do with a Khmer partner but obviously you have to trust her and set licences etc up so that they don’t have total ownership of the business.
Sent from embedded sub-cutaneous iPhone 9 using Tapatalk.
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: No registered users and 46 guests