Property ID : 2449340
Buy $20,000 - Business
SEAPS are proud to present……
Located on Street 136, close to Norodom Boulevard and on the ground floor, comprising 109.20 sqm of commercial space.
The main area is the bar and restaurant with 13 tables and 30 chairs, the mid section of the property houses toilets, living quarters, store room and at the rear the kitchen.
It is a husband and wife team that have been operating this Khmer restaurant since September 2017 and have achieved the ranking of 30, amongst the thousands of restaurants in Phnom Penh, this is no mean feat!
With a low rent and overheads they have been profitable during the low and high season and financials are available to serious investors. The business is registered and the business license will be transferred with the sale of the business, including all stock and furniture. The lease has 2 years to run and can be extended. The price is $20,000 which includes the name and business licence.
The current owners are selling as regretfully they cannot find reliable staff and cannot operate the business themselves, as they also have two young children below 4 years, even though they are getting advanced bookings even now, that is how popular this restaurant has become in a very short space of time.
If you are looking for as restaurant that is ready to go from day one, with a low rent, established clientele and low overheads, then book a viewing today!