La Patate Restaurant in Phnom Penh, Cambodia FOR SALE: $70,000 (due to illness)

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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General Mackevili
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La Patate Restaurant in Phnom Penh, Cambodia FOR SALE: $70,000 (due to illness)

Post by General Mackevili »

Very nice deal to seize on Phnom Penh due to illness.

For sale business of 150m2.

Located at 2 mn from Riverside. The business is very well held for 10 years ( accounting in support ) with a constantly increasing turnover. The restaurant serves Belgian and French cuisine. The restaurant is equipped with a completely renovated kitchen and a small separate diving room.

The electrical installation has been completely redone to western standards.

Upstairs, guest toilet and a room to store its stock.

The property is very well located in the tourist guides. The staff can remain at the will of the buyer.

Sale price: $70,000

Monthly rent: $600

For any information , you can contact Steph Merien at the following email address: [email protected]

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frank lee bent
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Re: La Patate Restaurant in Phnom Penh, Cambodia FOR SALE: $70,000 (due to illness)

Post by frank lee bent »

the restaurant business seems very unhealthy
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Bitte_Kein_Lexus
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Re: La Patate Restaurant in Phnom Penh, Cambodia FOR SALE: $70,000 (due to illness)

Post by Bitte_Kein_Lexus »

Well is this case, illness doesn't surprise me and could very well be true.
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Re: La Patate Restaurant in Phnom Penh, Cambodia FOR SALE: $70,000 (due to illness)

Post by bawbaw@beerdiet »

Looks full of lively customers.
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hanno
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Re: La Patate Restaurant in Phnom Penh, Cambodia FOR SALE: $70,000 (due to illness)

Post by hanno »

bawbaw@beerdiet wrote:Looks full of lively customers.
I stayed near there last week and passed numerous times. Never saw a customer.
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Re: La Patate Restaurant in Phnom Penh, Cambodia FOR SALE: $70,000 (due to illness)

Post by rozzieoz »

They should get some friends over for a free feed and take some awesome pics of them enjoying themselves.


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Re: La Patate Restaurant in Phnom Penh, Cambodia FOR SALE: $70,000 (due to illness)

Post by Cam Nivag »

Businesses in Cambodia are never for sale because they are failing. It's always "health reasons"
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Re: La Patate Restaurant in Phnom Penh, Cambodia FOR SALE: $70,000 (due to illness)

Post by bolueeleh »

i frequent there often, (blood sausages are good) it used to be right on sisowath street facing the river, then couple of months ago 2 belgian guys took over and it went downhill from there, i manage to track down the original boss to his new place in the smaller streets behind, business had not been the same since. btw the boss really look like this, with the moustache and lederhosen

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Re: La Patate Restaurant in Phnom Penh, Cambodia FOR SALE: $70,000 (due to illness)

Post by bolueeleh »

Cam Nivag wrote:Businesses in Cambodia are never for sale because they are failing. It's always "health reasons"
but in this case it have been real health reason and business failing, the boss doesnt seems to take care of himself, he evens breathes heavily from the few words of nominal english that he manages to speak to me, really sad to see this go, sisowath st is running out of food choices, mainly same khmer mix with western crap or faux pas indian food
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Re: La Patate Restaurant in Phnom Penh, Cambodia FOR SALE: $70,000 (due to illness)

Post by Cam Nivag »

Why would anyone pay $70,000 for this? You could rent an empty shophouse and fit it out exactly like that for $5,000.

Granted $600/mo. seems like a pretty good rent, but there's no indication how long the lease is for.
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