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RETOX Music Bar, Restaurant & Guesthouse on Victory Hill, Sihanoukville FOR SALE: $40,000

Posted: Tue Mar 29, 2016 10:44 pm
by CEOCambodiaNews
FOR SALE - RETOX Music Bar - Resto & guest House (victory hill)

$40,000 — Sihanoukville (province)

Famous venue in sihanoukville (victory hill)

Guest House 7-8 rooms

7 years lease - rent 950$/month

on behalf of new owner. contact tel =
096 8028414


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Re: RETOX Music Bar, Restaurant & Guesthouse on Victory Hill, Sihanoukville FOR SALE: $40,000

Posted: Wed Mar 30, 2016 8:00 am
by TheGrinchSR
It's not April Fool's for another 2 days.

Re: RETOX Music Bar, Restaurant & Guesthouse on Victory Hill, Sihanoukville FOR SALE: $40,000

Posted: Wed Mar 30, 2016 1:09 pm
by SinnSisamouth
it just shows you that people that have these bars have no idea about marketing and owning a business

look at those shitty pictures!

seriously,just give and go home

Re: RETOX Music Bar, Restaurant & Guesthouse on Victory Hill, Sihanoukville FOR SALE: $40,000

Posted: Wed Mar 30, 2016 1:14 pm
by one_dolla
What is it famous for?

Re: RETOX Music Bar, Restaurant & Guesthouse on Victory Hill, Sihanoukville FOR SALE: $40,000

Posted: Wed Mar 30, 2016 1:14 pm
by SinnSisamouth
being shit

Re: RETOX Music Bar, Restaurant & Guesthouse on Victory Hill, Sihanoukville FOR SALE: $40,000

Posted: Wed Mar 30, 2016 4:19 pm
by TheGrinchSR
SinnSisamouth wrote:being shit
+1

Re: RETOX Music Bar, Restaurant & Guesthouse on Victory Hill, Sihanoukville FOR SALE: $40,000

Posted: Wed Mar 30, 2016 4:27 pm
by frank lee bent
everything is for sale- prices often go down as the low season progresses.
Sometimes ppl just walk away for the price of the furnishings.

businesses - real ones - typically sell for between .7 - 1.5 x their annual net depending on risk, length of lease, financial history and simplicity of operation.
if there is no net or a terrible margin, it is not a business no matter how much "potential" waiting to be "unlocked"

within those parameters, it is not unreasonable to expect a sale anywhere on earth.

Re: RETOX Music Bar, Restaurant & Guesthouse on Victory Hill, Sihanoukville FOR SALE: $40,000

Posted: Wed Mar 30, 2016 4:50 pm
by TheGrinchSR
frank lee bent wrote:everything is for sale- prices often go down as the low season progresses.
Sometimes ppl just walk away for the price of the furnishings.

businesses - real ones - typically sell for between .7 - 1.5 x their annual net depending on risk, length of lease, financial history and simplicity of operation.
if there is no net or a terrible margin, it is not a business no matter how much "potential" waiting to be "unlocked"

within those parameters, it is not unreasonable to expect a sale anywhere on earth.
Given those furnishings? I think any new buyer would pay them to take them away...

Re: RETOX Music Bar, Restaurant & Guesthouse on Victory Hill, Sihanoukville FOR SALE: $40,000

Posted: Wed Mar 30, 2016 11:57 pm
by bolueeleh
SinnSisamouth wrote:it just shows you that people that have these bars have no idea about marketing and owning a business

look at those shitty pictures!

seriously,just give and go home
noooooo...... we need the investments here, lots of local business need them, rattan furniture makers, shitty signage makers, cockcroach fryers etc

Re: RETOX Music Bar, Restaurant & Guesthouse on Victory Hill, Sihanoukville FOR SALE: $40,000

Posted: Thu Mar 31, 2016 7:44 am
by beaker