Restaurant for sale
Cambodia - Siemréab
like this property?Call: 03339 390687
Location: Siem Reap, Cambodia
Features: Not just a fully furnished and equipped restaurant and bar, this business is a landmark. Located just behind 'Pub Street', it is family friendly and its name and reputation have become synonymous with great 'secret recipe' pizzas and subs, top quality service and excellent value. It is amazingly well known and patronized by locals and the many tourists visiting the nearby Angkor temple ruins. Highly rated in many online reviews like Trip Advisor (Certificate of Excellence and number 1 Pizza and number 1 Mexican restaurants in Siem Reap), FourSquare, Tripoto, Lonely Planet and many more, there is real value in this restaurant in maintaining the name and branding. In fact there is even potential for the right buyer to increase revenue with a delivery service, or to create a franchise using the current very successful model. Of course all equipment and furnishings, branding, licenses, online accounts and stock are included in the price. The current American owner will even hand over the recipes and assist the new owner to transition the business for a short period after settlement. The competent and loyal staff, who have been there since the restaurant began, are keen to stay too. Truly a turn-key business. The owner's records are impeccable and will satisfy the due diligence checks of even the most discerning buyer. Priced very reasonably, this business has a projected ROI of around 2 to 3 years based upon 2015/2016 trading figures.
Tenure: Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease). Current lease is due for renewal in December 2020 and may be re-negotiated.
Asking Price: USD 150,000
Call To Cris 012 828 625/ 023 214 322