GUESTHOUSE AND BAR RESTAURANT FOR SALE

Phnom Penh Daun Penh

Reference No.00845

$115,000

Property Description

SEAPS is Proud to Present...

Located on Sissowath Quay comprising a bar and restaurant on the ground floor and 15 rooms over 3 floors is available with 7.5 years remaining on the lease.

The bar area is large and spacious with toilets and kitchen at the rear. It benefits with a good quality pool table, 4 large flat screen TV’s for sport, a/c units and can easily seat 40-50 people.

They hold weekly pool competitions and Poker nights, both of which draw a healthy crowd.

The upper floors provide 15 rooms, all of which have been fully refurbished including the common areas; each room has its own a/c, flat screen TV, new bed linen and all the bathrooms have been retied and waterproofed.

The owners use Expedia, Agoda and Booking.com and benefit from a 90-95% occupancy rate. The rent is $2,500 per month, the utilities are under $1,000 per month with 9 staff, including 3 foreigners, salaries amount to $2,000 per month.

The owner is fully prepared to show the accounts to serious buyers including the business, tourist and money exchange licences.

If you are looking for business with riverfront views, which has been extensively renovated,good solid turnover and healthy client base with no renovation work required……this is the one for you.

View now before it’s gone.

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Property Details

  • Reference No:00845
  • Price:$115,000

Condition

  • 0 Beds
  • None SqM

Property Location

Features

  • Wifi
  • Air Condition
  • Video security
  • Reception 24/7
  • Pets allowed
  • Furnished

Contact Agent

Naim KHAN-TURK

Senior Sales Consultant