Business for Sale in Sihanoukville
Business for Sale in Sihanoukville
Please find below all the information about my business that is up for sale. Please feel free to let me know if you need any more information.
Business name : Apple Guest House & Mini Mart
Location : Sihanoukville, Mithona Street (first road next to Occheuteal Beach)
Lease : 1100$/month, 3,7 years left (with possibility of extension)
Guest House: 15 rooms (8 with fan, 7 with A/C), all with private bathroom. Average occupancy is 75%
Mini Mart : 70 sq meters shop, open 24h
Facilities : large lounge area on the first floor,
Sub-rent : additional shop next to the building, sub-rented for 350$ a month (so final rent is about 750$)
Key figures : average yearly incomes : 140k$, average profit 30k$
Selling price : 95k$ (8000$ deposit + Mini Mart stock value included)
Website : http://www.apple-guesthouse-sihanoukville.com
Business name : Apple Guest House & Mini Mart
Location : Sihanoukville, Mithona Street (first road next to Occheuteal Beach)
Lease : 1100$/month, 3,7 years left (with possibility of extension)
Guest House: 15 rooms (8 with fan, 7 with A/C), all with private bathroom. Average occupancy is 75%
Mini Mart : 70 sq meters shop, open 24h
Facilities : large lounge area on the first floor,
Sub-rent : additional shop next to the building, sub-rented for 350$ a month (so final rent is about 750$)
Key figures : average yearly incomes : 140k$, average profit 30k$
Selling price : 95k$ (8000$ deposit + Mini Mart stock value included)
Website : http://www.apple-guesthouse-sihanoukville.com
Re: Business for Sale in Sihanoukville
Income $140,000 ? Profit $30,000 ?
Is that $140,000 gross income and $30,000 as profit ? That a lot of overhead if business is not as brisk as you claim ?
What kind of bookkeeping are you doing ?
3.5 years left and only maybe renewal of lease ?
$30,000 x 3.5= $ 105,00 - $95,000 = $10,000 profit over 3.5 years of work
Is that $140,000 gross income and $30,000 as profit ? That a lot of overhead if business is not as brisk as you claim ?
What kind of bookkeeping are you doing ?
3.5 years left and only maybe renewal of lease ?
$30,000 x 3.5= $ 105,00 - $95,000 = $10,000 profit over 3.5 years of work
"i'm the one who has to die, when it's time for me to die, so let me live my life the way i want to"
jimi hendrix
jimi hendrix
-
- Expatriate
- Posts: 1263
- Joined: Sun Mar 29, 2015 6:12 pm
- Reputation: 12
Re: Business for Sale in Sihanoukville
beaker wrote:Income $140,000 ? Profit $30,000 ?
Is that $140,000 gross income and $30,000 as profit ? That a lot of overhead if business is not as brisk as you claim ?
What kind of bookkeeping are you doing ?
3.5 years left and only maybe renewal of lease ?
$30,000 x 3.5= $ 105,00 - $95,000 = $10,000 profit over 3.5 years of work
What are you doing? You can't take a business oriented view of a property in Shitsville. It's a place to smoke spliff, bang hookers whilst boasting about running a guesthouse and slowly going bankrupt. That's the Cambodian-expat way since time immemorial - you can't change traditions with logic and common sense.
"If you want a vision of the future, imagine a boot stamping on a human face - forever." - George Orwell
Re: Business for Sale in Sihanoukville
Yes, true. That's why i have questions.TheGrinchSR wrote:beaker wrote:Income $140,000 ? Profit $30,000 ?
Is that $140,000 gross income and $30,000 as profit ? That a lot of overhead if business is not as brisk as you claim ?
What kind of bookkeeping are you doing ?
3.5 years left and only maybe renewal of lease ?
$30,000 x 3.5= $ 105,00 - $95,000 = $10,000 profit over 3.5 years of work
What are you doing? You can't take a business oriented view of a property in Shitsville. It's a place to smoke spliff, bang hookers whilst boasting about running a guesthouse and slowly going bankrupt. That's the Cambodian-expat way since time immemorial - you can't change traditions with logic and common sense.
"i'm the one who has to die, when it's time for me to die, so let me live my life the way i want to"
jimi hendrix
jimi hendrix
-
- Expatriate
- Posts: 528
- Joined: Fri Oct 23, 2015 3:03 pm
- Reputation: 0
- Location: the ceiling
Re: Business for Sale in Sihanoukville
The land is probly worth a shitload.beaker wrote:Income $140,000 ? Profit $30,000 ?
Is that $140,000 gross income and $30,000 as profit ? That a lot of overhead if business is not as brisk as you claim ?
What kind of bookkeeping are you doing ?
3.5 years left and only maybe renewal of lease ?
$30,000 x 3.5= $ 105,00 - $95,000 = $10,000 profit over 3.5 years of work
ceiling cat is watching you masterbate
Re: Business for Sale in Sihanoukville
There is no land it is on rented landbkktrapper wrote:The land is probly worth a shitload.beaker wrote:Income $140,000 ? Profit $30,000 ?
Is that $140,000 gross income and $30,000 as profit ? That a lot of overhead if business is not as brisk as you claim ?
What kind of bookkeeping are you doing ?
3.5 years left and only maybe renewal of lease ?
$30,000 x 3.5= $ 105,00 - $95,000 = $10,000 profit over 3.5 years of work
"i'm the one who has to die, when it's time for me to die, so let me live my life the way i want to"
jimi hendrix
jimi hendrix
-
- Expatriate
- Posts: 528
- Joined: Fri Oct 23, 2015 3:03 pm
- Reputation: 0
- Location: the ceiling
Re: Business for Sale in Sihanoukville
Sounds like a rip off .beaker wrote:There is no land it is on rented landbkktrapper wrote:The land is probly worth a shitload.beaker wrote:Income $140,000 ? Profit $30,000 ?
Is that $140,000 gross income and $30,000 as profit ? That a lot of overhead if business is not as brisk as you claim ?
What kind of bookkeeping are you doing ?
3.5 years left and only maybe renewal of lease ?
$30,000 x 3.5= $ 105,00 - $95,000 = $10,000 profit over 3.5 years of work
Perhaps he made a mistake and put one too many zeros on there.
ceiling cat is watching you masterbate
- hanno
- Expatriate
- Posts: 6774
- Joined: Fri May 16, 2014 12:37 pm
- Reputation: 3142
- Location: Phnom Penh
- Contact:
Re: Business for Sale in Sihanoukville
No, everyone is going crazy in the KOW. Saw a restaurant for Sale in Temple Town: 3 tables, 16 chairs, bad location, just 4 walls. Asking price? USD 30,000.....
-
- Expatriate
- Posts: 1263
- Joined: Sun Mar 29, 2015 6:12 pm
- Reputation: 12
Re: Business for Sale in Sihanoukville
Yup, worst high season in SR in ages... businesses going to the wall left, right and center... and the eternal optimists still want huge amounts of cash for their worthless dumps.hanno wrote:No, everyone is going crazy in the KOW. Saw a restaurant for Sale in Temple Town: 3 tables, 16 chairs, bad location, just 4 walls. Asking price? USD 30,000.....
"If you want a vision of the future, imagine a boot stamping on a human face - forever." - George Orwell
Re: Business for Sale in Sihanoukville
It is always the way just prior to the bubble bursting. There is only a finite amount of dirty money that can be expatriated from China now the rout is a full pace.
The dollarised economy is a boon for those of us with income streams in the Kingdom.
The dollarised economy is a boon for those of us with income streams in the Kingdom.
-
- Similar Topics
- Replies
- Views
- Last post
-
- 65 Replies
- 30980 Views
-
Last post by truffledog
-
- 0 Replies
- 3019 Views
-
Last post by basta.binici
-
- 0 Replies
- 3001 Views
-
Last post by basta.binici
-
- 5 Replies
- 3272 Views
-
Last post by newkidontheblock
-
- 27 Replies
- 9483 Views
-
Last post by armchairlawyer
-
- 1 Replies
- 1327 Views
-
Last post by Railroad
Who is online
Users browsing this forum: No registered users and 40 guests