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Asking Price$35,000
Revenue$130,000 Established2016
Cash Flow$1,000 Employees6 full-time
FF&E$0* FranchiseYes
Inventory$0* RelocatableNo
Real Estate$0* Home-basedNo
* Included in Asking Price
These Lease for sale (end in September 2021), is a French Owned Cozy Bar-Night Club located on the Touristic Cambodian "Croisette" called also the RIVERSIDE area. My name is Olivier nice to meet you here :) As real estate agent - agency manager i am acting here under the terms of a mandatory acting on the behalf of the French owner. Cambodia is a kind of "baby" country in terms of economic development, the key of a financial success are here quiet basic. The difficulties are very different than in western countries, here the major obstacle might be able to federate a good working team in a country in rebirth state where the lack of training - the weakness of the education system and the tragic history of the country makes recruiting the right co-workers a real challenge. The good new is there is almost no competition, (at least as we, westerners are considering it) the country is growing faster than anyone could expect, and whatever people can tell, since 1974 the country is politically stable. Just keep in mind than the market is wide open for experienced actors willing to do "simple" - Because being able to supply any goods or services can be a nightmare in the Khmer kingdom the brave entrepreneurs ready to start from scratch, will meet a success guarantee..
Facilities:2 freezers, a dj area with a mixing table, a karaoke equipment (for karaoke events), the whole sound is a Bose equipment (about 10 speakers with caisson), sets of light, a set of cameras ) That works 24/24 and 7/7 under IP recording. 3 TV
Competition:Cambodia is a emerging country. The history of the country makes the economic environment very singular not really comparable to anything else. The competition is absolutely not an issue in all cases, doing simple and be flexible and moreover having a significant experience in the night life or hospitality service industry will make the difference without working more than its needed.
Growth Potential:Locals are generating without knowledge between, 10 and 15K monthly if we take as exemple the "lady" bar in the neigborhood :) f the club is still generating small revenues its clear than these amazing small night club is kilometers away from is full potential. an experienced entrepreneur will find his own way i guess but all is here in term of facilities to build a pillar of the future PP nights. Just consider than the club can be open 24-24h - 7 days a week, than the location is just the best in town ofr these kind of activity, than the Club is freshly renovated, you will judge by yourself but possible directions are infinite...
Training/Support:The actual manager-owner is willing to cooperate as much as it needs dont hesitate to share with us
Sale Reason:Departure for medical reasons of the main partner.
Ad #95477
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