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Restaurant Bar In Siem Reap Cambodia For Sale

Siem Reap, Cambodia
Asking Price:
$35,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$60,000 (USD)
Cash Flow:
Available on request

Perfect Business for Sale! Very well located and renowned tavern, The Harbour is part of Siem Reap’s life. Popular among the expats community for the high quality of its products, the Harbour is the place in town when people talk about entertainment and live music. Running for over 5 years, the business has experienced a steady trend of growth and is now on the market for a new owner.

The Harbour is a turn-key business that can operate and generate profit right away, without having to change or modify anything. It comes with its entire fixture, decoration, equipment, marketing material and a highly trained staff that can run the place by themselves. The Harbour has a very strong online presence (websites, Google Pro account featuring over 80 positive reviews, Facebook accounts, Tripadvisor) and is widely featured in numerous media (listed in the Lonely Planet, has appeared on prime time Philipino TV with Atom Araullo, is visible in a Netflix series, etc.)

The tavern is set on the first floor of a huge property that includes the main house, a loft style extension and a big garden. The tavern shares the main house with a famous tattoo parlour. It overlooks a nice beach style garden and is decorated in a very unique pirate theme, with old maps and ship miniatures. The lease is secured until September 2024 (and can be easily extended), and the monthly rent is very affordable at $400. The location is a stone throw from Sok San road and the main tourist areas, on a large and clean road.

Don’t miss it; The Harbour is a solid investment that is waiting for you right now.

If interested, please contact the seller through the form on this page.

Property Information

Real Estate:

Lease

Lease Terms:

5 years secured on the lease, with a priority to extend the lease for another period of time.

Leasehold Rent:

$4,800 (USD) per annum

Living Accommodation:

A 100sqm new building has recently been added, and could be used as accommodation.

Location:

500m from the main tourist area.
Siem Reap - Cambodia

Premises Details:

The tavern is set on the first floor of a wooden house. It is 120sqm, which include a big kitchen, a balcony and a stage for live music and any sort of acts. The property offers a huge front yard set as a beach style tropical garden, and features a 30m long parking area along the main road. There are many options for development, notably extend the garden into an outside comfortable terace

There is an option to acquire the whole property by buying the lease agreement. Further details available upon request.

Size in square feet:
3,660 SQF or 340sqm

Business Operation

Expansion Potential:

There is an option to acquire the whole property as well (buy buying the lease), which would open the way to another 240sqm of building to develop.

Competition / Market:

Siem Reap is a tourist town, and offers a lot of options when it comes to accommodation and food. Although the business is ONE OF A KIND in the whole country, based on the atmosphere, the products and the marketing approach. It is 100% different from all the venues in town, and our customers feel this way. It's got such a strong identity that it is a must go. It is featured in the Lonely Planet and in many medias, as a unique place in town.

During the 2018-2019 high season, some places have suffered a lack of business due to less visitors, but the business has actually been through its BEST season since opening. It says it all.

Reasons for selling:

We are selling the business in order to focus on different types of activities and / or on family, and to initiate other projects.

Trading hours:

Open Monday to Saturday from 11am until late at night

Employees:
7 employees
Years established:
5 years

Other Information

Support & training:

The potential buyer will be 100% accompanied through the process of selling and even through going through the whole necessary paperwork to settle in Cambodia

Furniture / Fixtures value:
$6,600 (USD) - included in the asking price
Inventory / Stock value:
$2,300 (USD) - included in the asking price
Website:
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Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

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