Queen Cobra Bar for sale on Bassac Lane, St. 308 (SOLD)

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.
Ant23
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Queen Cobra Bar for sale on Bassac Lane, St. 308 (SOLD)

Post by Ant23 »

Small, cozy little bar on Bassac Lane. Lots of foot traffic. One of the busiest areas for nightlife in Phnom Penh. Owner is looking to sell because she needs to leave Phnom Penh. Lots of potential for a new owner. Current owners business has been mainly word-of-mouth so she's done little to no online marketing.

This is an active business and comes fully furnished. The sale includes all the furniture, loudspeaker for music, all alcohol inventory, refrigerator, glasses, mirror, fans, lighting fixtures etc. Please contact with any questions. Feel free to stop by in person anytime after 8 PM to have a look.

Location: https://maps.app.goo.gl/MMfDvMbmqEtf2frR8
Price: $5000
Rent: $600/month. $1200 existing deposit will pass to the new owner.

Phone/Telegram/WhatsApp: [contact info removed after being sold]

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Porbeagle
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Re: Queen Cobra Bar for sale on Bassac Lane, St. 308

Post by Porbeagle »

The owner is looking for exit liquidity
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HaifongWangchuck
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Re: Queen Cobra Bar for sale on Bassac Lane, St. 308

Post by HaifongWangchuck »

Ant23 wrote: Mon Mar 17, 2025 8:54 pm

This is an active business and comes fully furnished. The sale includes all the furniture, loudspeaker for music, all alcohol inventory, refrigerator, glasses, mirror, fans, lighting fixtures etc. Please contact with any questions. Feel free to stop by in person anytime after 8 PM to have a look.

Location: https://maps.app.goo.gl/MMfDvMbmqEtf2frR8
Price: $5000
Rent: $600/month. $1200 existing deposit will pass to the new owner.

Phone/Telegram/WhatsApp: +85512512096

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Did I read that correctly? 5000USD for the entire business, furniture and appliances included?
Ant23
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Re: Queen Cobra Bar for sale on Bassac Lane, St. 308

Post by Ant23 »

HaifongWangchuck wrote: Mon Mar 17, 2025 10:28 pm
Ant23 wrote: Mon Mar 17, 2025 8:54 pm

This is an active business and comes fully furnished. The sale includes all the furniture, loudspeaker for music, all alcohol inventory, refrigerator, glasses, mirror, fans, lighting fixtures etc. Please contact with any questions. Feel free to stop by in person anytime after 8 PM to have a look.

Location: https://maps.app.goo.gl/MMfDvMbmqEtf2frR8
Price: $5000
Rent: $600/month. $1200 existing deposit will pass to the new owner.

Phone/Telegram/WhatsApp: +85512512096

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Did I read that correctly? 5000USD for the entire business, furniture and appliances included?
Yes, that is correct. She is looking for a quick sale. Please DM if interested.
Bluenose
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Re: Queen Cobra Bar for sale on Bassac Lane, St. 308

Post by Bluenose »

One important detail is missing, how long is left on the lease?
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Alex
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Re: Queen Cobra Bar for sale on Bassac Lane, St. 308

Post by Alex »

That would be a retirement plan come true for me, running a bar on Ballsack Lane...
Ant23
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Re: Queen Cobra Bar for sale on Bassac Lane, St. 308

Post by Ant23 »

Bluenose wrote: Tue Mar 18, 2025 11:37 am One important detail is missing, how long is left on the lease?
about 15 months left on a 3 year contract.
RightSaidFred
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Re: Queen Cobra Bar for sale on Bassac Lane, St. 308

Post by RightSaidFred »

What are the monthly fixed costs, how many staff on payroll, what is their tenure, what is the liability if they are to be terminated. Do you have an inventory of alcohol and its total value?
total nutter
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Re: Queen Cobra Bar for sale on Bassac Lane, St. 308

Post by total nutter »

cHRIST, PEOPLE NEVER LEARN
Ant23
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Re: Queen Cobra Bar for sale on Bassac Lane, St. 308

Post by Ant23 »

Ant23 wrote: Mon Mar 17, 2025 8:54 pm Small, cozy little bar on Bassac Lane. Lots of foot traffic. One of the busiest areas for nightlife in Phnom Penh. Owner is looking to sell because she needs to leave Phnom Penh. Lots of potential for a new owner. Current owners business has been mainly word-of-mouth so she's done little to no online marketing.

This is an active business and comes fully furnished. The sale includes all the furniture, loudspeaker for music, all alcohol inventory, refrigerator, glasses, mirror, fans, lighting fixtures etc. Please contact with any questions. Feel free to stop by in person anytime after 8 PM to have a look.

Location: https://maps.app.goo.gl/MMfDvMbmqEtf2frR8
Price: $5000
Rent: $600/month. $1200 existing deposit will pass to the new owner.

Phone/Telegram/WhatsApp: +85512512096

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This business has now been sold. Thank you.
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