FOR URGENT SALE: Tin-Tin Irish Cafe & Guest House in Siem Reap ($40,000 with 3.5 Year Lease)

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.
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CEOCambodiaNews
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FOR URGENT SALE: Tin-Tin Irish Cafe & Guest House in Siem Reap ($40,000 with 3.5 Year Lease)

Post by CEOCambodiaNews »

"Business for sale (Urgent)
Business is located in heart of Town, mainly tourist attraction such as PUB Street and just out from the Angkor Night market on soksan Road.

Guesthouse has10 rooms, 22 seating Restaurant and large Bar counter.

Business is currently running on profit even profitable in low season. As this property is in highly tourist recommended area. it has own reputation and guesthouse is popular among tourist in to Siem Reap town.

Guesthouse served consistently 2 yrs in to this highly growing tourist area, it has its own satisfied customers and their kind recommendation. good rank and Reviews in web.

As all we know to start business, establishment takes time and need big amount of money for promote. We did complete that part, now just invest and start earn from same day.

Monthly expenses :Property rent,Internet, water supply, garbage collection, cable tv,3 staffs- Total expenses-2096$

Room selling rates - 15 - 17$/ngt (9rooms 1 dorm 4 beds) Rooms are large, furnished and clean as property is completly new.

Bar + coffee + restaurant minimum sales 900$- 2200$

Monthly rent 1620$
Remaining lease 3.5yrs + renewable(fixed rate 15%)
Asking price - 40,000$ (negotiable)

Follow the link for property photos, location and room details : http://www.booking.com/hotel/kh/tin-tin ... house.html

For more query simply contact Evan Grungy at 012335752


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