Restaurant For Sale
$76,500
0101258 Popular Western-style Restaurant and Beer Garden - Phnom Penh - For Sale
Phnom Penh, Phnom Penh, Cambodia
Year Built: 0
Listed By: Asian Business Brokers (thailand) Co., Ltd
Listed On: 07/03/2023
Listing ID: GL3614543
Description
0101258 Popular Western-style Restaurant and Beer Garden - Phnom Penh - For Sale Listing No. 855-01-01-258 • Business: Restaurant and Beer Garden • Location: Phnom Penh, Cambodia • Features: What a pleasure to offer this restaurant and beer garden for sale in the sought-after area of BKK1 in Phnom Penh. The business is turn-key and the sale offer is for legitimate reasons. There are two leases – the restaurant and the adjoining beer garden. All up it is an area of about 700m2 inside and out with a capacity for around 200 people making it ideally suited to large parties, club events and corporate dinners. Of course there is a large commercial kitchen with very good prep areas, a grassed outdoor area, large bar, bathrooms and it is fully furnished and equipped for purpose. It first traded in February 2020 and is well-known, branded and enjoys many positive online reviews. All of the major social media accounts are in place and are well supported. Rent is reasonable for this location and the venue is fully staffed with trained competent staff. During low season, monthly profit is stated as between USD 1,000 and USD 5,000, while in high season this rises to between USD 5,000 and USD 10,000. These figures indicate a return on investment of less than two years so the asking price is most reasonable. Turn-key in all respects, a company is also offered if required and the owner will assist with transitioning including menu recipes. Stock held at any one time is valued at about USD 5,000 and stock at the time of transfer is included. Furnishings and Equipment are of high quality and befitting of such a venue. As an alternative to a 100% buy-out, the owner would consider a partnership. If this option interests you, please let us know. An inspection, which requires completion of a non-disclosure agreement prior, will not disappoint. • Tenure: Business is for Sale. Premises are under two leases the main restaurant lease is for 10 years and the Beer Garden lease is annually renewable • Asking Price: USD 76,500 • More Information: Please provide your name, phone number (with country code) and email address so we can contact you to assist
