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Restaurant for sale

£119,822

Cambodia - Siemréab

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Call: 03339 390687

Full description:

ESTABLISHED AND PROFITABLE RESTAURANT IN SIEM REAP FOR SALE $150,000
Business: Restaurant
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

This pin shows the general area of the property as the exact location was not given

To view this property or request more details, contact
South East Asia Property Service, Phnom Penh

No 169, Street 154 corner street 15, Kandal 2, Daun penh Phnom Penh
03339 390687  Local call rate
About South East Asia Property Service, Phnom Penh

Seaps property services provide our customers with expert knowledge of the city and the real estate that is available. We recognize that your property is an extremely important piece of capital and remains an integral part of your life, even while you are selling it. We understand how important it is to your future to get the price you want on your property and with our considerable knowledge of the market, we know how to price it correctly, the first time.
We will work closely with you to guarantee this transition is completed as efficiently and successfully as possible.

Property Evaluation Phnom Penh

We can provide a free evaluation of your property using the specific characteristics to compare it with relevant current market prices. This detailed analysis will give you a preliminary idea of how much you can expect from the market and where we should aim. Contact us to get this process started so that you can move forward into what the future holds next for you.


Disclaimer

This is a property advertisement provided and maintained by South East Asia Property Service, Phnom Penh (reference ESTABLISHEDANDPROFITABLERESTAURANTINSIEMREAP) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

South East Asia Property Service, Phnom Penh

No 169, Street 154 corner street 15, Kandal 2, Daun penh Phnom Penh
or call 03339 390687
Calling from outside the UK? 0085516811711

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