Bar/Restaurant with 16 Bedroom Hotel Business For Sale - Wat Damnak, Siem Reap

$ 79,000

Wat Damnak, Siem Reap
Property Code: 7814
16 16 0

Property Description

This is an exciting opportunity to take over a turn-key business at the beginning of high season.

The business is a trendy restauarnt ad bar with a 16-room guesthouse and a poolside lounge, located in the heart of the Wat Damnak area, just 400 meters from Pub Street, Old Market and other tourist spots.

Attached to the guesthouse is a popular restaurant/bar, with a seating capacity of 60 guests, with a beautiful, huge, outdoor swimming pool. The bar has a large, permanent performance stage with a giant 4m x 2.5m High Definition LED video screen. It’s the biggest, brightest and highest resolution LED screen in Siem Reap! Perfect for sports, movies, and video backgrounds for live bands! 

The business includes a guesthouse with 16 rooms (14 are currently operating) with en suite bathrooms, as well as 4 additional shared restrooms in common areas. The rooms are designed and styled with a beautiful, simple charm. Each room has new, comfortable beds, air conditioning units and wardrobes, and 2 rooms have balconies. 

The sale price includes all hotel furnishings, furniture, linens, kitchen and bar equipment required to operate a 16-room guesthouse, with food and bar service for 50 people. Also OTA channel accounts in Airbnb, Booking.com, Hostelworld and Expedia; transfer of building lease to new tenant, business goodwill, and existing stock of guest amenities and bar and restaurant stock.  

Sale price of $84,000 includes the security deposit of $16,000 (which you will get back from the landlord at the end of the lease).

Rental price is $2,430/month.

This is a great opportunity to walk-in to an existing business with multiple revenue streams at the start of high season.

Interested in this Wat Damnak, Siem Reap Hotel/Guesthouse 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

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Facilities
  • Swimming Pool/Hot Tub
  • Reception/Lobby/Concierge
  • Lounge/Common Area
  • BBQ/Outdoor Area
  • Bathroom Type (Shared & Private)
  • Furnishings
  • TV
  • Airconditioning
  • CCTV
  • Pantry Area
  • Cooker
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