Profitable Restaurant Business For Sale - Siem Reap

$ 46,000

Wat Bo, Siem Reap
Property Code: 6374
330

Property Description

Popular restaurant business for sale. This popular family-run restaurant has been serving French-Vietnamese cuisine in Siem Reap for 11 years.

Currently the restaurant seats 20 people. There is room to expand the seated area by twice its current size, and to further increase restaurant sales. The restaurant is able to be operated on a small staff of only 3 people. The menu is very popular with the walk-in tourist/expat crowd, and the size of the menu means the kitchen management is not complicated.

A full record of the restaurant sales are available, and they show a reliable and predictable annual income.

The current owners will offer a handover and training period for the new management.

The current rental price of the property is $700/month, and it comes with a long term rental contract. The rental property includes the existing restaurant space, another shopfront which adjoins the restaurant (and may be used for expansion), and a 3 bedroom, 3 bathroom apartment above the restaurant, which can be used for living quarters for the owners or staff.

The cost of the business, goodwill, and existing rental deposit is $48,000. This purchase price can be earned back from the business within the first year of operation.

Interested in this Siem Reap Retail Storefront or a property similar to this? Send us a message by filling out the contact form on the right to schedule a FREE viewing with our team of professional real estate agents. IPS Cambodia offers rent and sale of Apartment in Phnom Penh, Condo for rent, office spaces for rent, and other Real Estate in Cambodia throughout Phnom Penh, Siem Reap, and Sihanoukville

Share this property:

  • 20-seat restaurant
  • Room for expansion into 40-seat restaurant
  • Long-term lease, with initial rental of $700/month
  • Popular with expat and tourist crowd
  • Historical record of earnings showing reliable profits.
  • Perfect for small restaurant operator.
  • Air Conditioning
  • Balcony

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"Steve McKenzie @ 07/10/2018 09:51"

We take this opportunity to thank David very much for the dedicated service he provided us from the moment we walked into IPS. Throughout all our dealings he was professional, informative, comprehensive and transparent. If we do consider investing in Cambodia we will be sure to get in touch with him again... [Read more]

Steve McKenzie
Jul 11, 2018

"Andrew Liew @ 07/06/2018 06:53"

Riya from IPS was referred to me by a friend and it didn’t take me to find out that she is reliable, efficient, and fast! Instead of showing me a long list of apartments, she quickly sized up my needs and preferences and I was able to sign the lease for my preferred apartment in good time. Would strongly recommend Riya for her language ability (conversant in English), ability to size up what customers want, and professionalism in terms of her attention to detail and speed in responding to questions and resolving issues [Read more]

Andrew Liew
Jul 6, 2018

"Stephen Oliver @ 07/05/2018 02:44"

I had provided UPS with a brief on the type of accommodation I required a few weeks before arrival in Cambodia. A round of viewings was arranged for the afternoon of my arrival. When I called into the IPS office, I was greeted by Sothearin Lai in a professional but friendly manner and she listened to my requirements to check if anything had changed... [Read more]

Stephen Oliver
Jul 6, 2018

"Annie Fine @ 06/01/2018 06:23"

Recently I leased an apartment through IPS The agent a fantastic outgoing , efficient, and professional Thearin went the extra mile on every aspect of the rental. I found her to be punctual, knowledgeable, and responsive to every request. She helped to negotiate, implement and followed up on everything in a timeous manner Thearin my mother and I think you and IPS were terrific Thank you for all your help and assistance Annie and Selma [Read more]

Annie Fine
Jun 1, 2018

"Steve Hunter @ 05/31/2018 10:02"

As I am now of retirement age, I placed my business for sale with IPS. David found a buyer within weeks and the deal concluded professionally and smoothly. I have no hesitation in recommending David and IPS... [Read more]

Steve Hunter
Jun 1, 2018