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'Pub, Guesthouse, Restaurant Business for sale' For Sale

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Cambodia, real-estate:Phnom Penh Villa close to the international airport Pochen: furniture included



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Pub, Guesthouse, Restaurant Business for sale


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Tags: accommodation_phnom_penh, bar_phnom_penh, guesthouse_phnom_penh, for_sale_phnom_pen


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Page 1 (Original Post)

Rory's Pub and Guesthouse from Phnom Penh (Contact Member) - 08/18/09 01:18

Rory's Pub and guesthouse is a long established business in Phnom Penh, it is located facing the side of the Royal Palace and the front of the National Museum and only a short walk from the riverside. The business is for sale for $35, 000 under a lease term of $2, 200 per month for 5 years.

Reason for Sale of business:

I no longer live in Phnom Penh full time and to run the business properly you would need to be close by.

I live in Poipet now and am willing to come to Phnom Penh to meet people who are serious, hence I gave the price and the rental terms.

I look forward to hearing from interested parties.

Rory.


Reply #1 Richard Olsson (90.236.175.170) - 08/24/09 09:58

Hi, about your bar " Rorys", Im really intressted to run that buissines together with a Sweden friend who lives perminent in PP but need to know its the deal 35 000 USD cash and then rent 2200 USD a month under 5 year ? Please respond to my email. Regards Richard

Reply #2 alex skerl (78.144.112.189) - 08/25/09 07:34

Hello, im interested in your guest house and pub, i work in the restaurant business and i would like to came to Phnom phen to have a look and eventually arrange if we think is worth.

Thanks for your time and looking forward to get an answer


Reply #3 Rory's Pub and Guesthouse from Phnom Penh (Contact Member) - 08/26/09 23:13

The business is for sale under two options:

Option 1.

I will sublet the business for 5 years for $35, 000 and the monthly rental will be for $2, 200.

Also if you want an inclusion in the lease of an option to extend for another 5 years limited to a capped rental increase of 20% for the second 5 years I can do so.

Option 2.

I sign over my lease in total to the new lessee for $65, 000. This lease agreement has five years at $1, 200 and a capped increase of 20% for a new lease term of 10 years.

It all depends if you want to be in it for the long term or the short term.

Under either option I will still be around in Cambodia and will be back in Phnom Penh once a month if any advice is needed on licencing, business fees etc.

I look forward to hearing from you.

Rory.

P.S.

For my next trip to Phnom Penh I will be in the bar on Saturday and Sunday the 12th and 13th of September. I will be there in the afternoon and evening both days. If anyone would like to catch up and talk business, the afternoon would be better as I will probably have a good few beers on me in the evening.


Reply #4 Tony (119.82.248.67) - 09/21/09 10:11

Can you please tell me how many rooms the G/H has & the rent you receive from each room.

Cheers Tony


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