49000 US$ Restaurant for sale in Sihanoukville

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Business for Sale Published: 28/04/2016 Modified: 25/05/2017 Views: 66
  • City area: Ochheuteal
  • Address: Sangkat 4

 


Restaurant and Land Lease in Sihanoukville Cambodia


 


An exciting opportunity has arisen to purchase one of Sihanoukvilles busiest and most successful restaurants. Situated in a prime location, SO restaurant (formerly New Sea View Villa) has been in operation since 2007, and has an outstanding reputation with tourists, ex-pats and locals. SO has regularly featured as the number one restaurant on Tripadvisor, boasting a Tripadvisor “Certificate of Excellence” and is proud to have featured as the Lonely Planet’s “Top Pick” for seven years running. The business currently achieves its level of turnover whilst also offering an incredible opportunity for expansion. There is ample potential for an enthusiastic owner to increase the takings by further development of the land.


 


Location


Our restaurant is superbly situated in the heart of the tourism area of Sihanoukville; Cambodia’s number 1 beach resort. The business is located on the Beach Road (Sihanoukville’s main street) leading to the area’s busiest and most popular beach. The restaurant offers a unique kerb-appeal and benefits from heavy foot traffic and passing trade. With only a 2 minute walk to the beach and the pier for the island ferries SO is uniquely situated for hungry beach revelers and Island-goers. The town centre is ten minutes away for easy access to the markets, schools and banks.  SO is surrounded by more than 20 hotels and enjoys the advantages of being located in the towns most saturated tourism district.


 


Premises Details:


Built on a 670 square meter plot of land. The restaurant is situated at the front of this generous plot, leaving ample room for further expansion projects. Our popular restaurant is set amongst lush greenery which promotes a distinctive Mediterranean atmosphere and offers the diner a cool and verdant haven from the bustling attractions of the town and beach. The dining area is al fresco for approx. 80+ pax at one time with generous room to expand.


Expansion:


The business has secured planning permission for an exciting expansion and can offer fully designed architectural plans for a 3 storied, 18 bedroom guesthouse which would stand on 138square meters at the back of the land, leaving extra space for a swimming pool and garden area.


 


Further details:


The restaurant has an excellent sized stationed kitchen and storage area.  The kitchen provides a washing up area, preparation area and cold storage.  The kitchen is fully equipped with high standard, modern and efficient equipment. Our staff have been exceptionally well trained to a high standard. Many of them have remained with the business from the outset and are loyal and long-term.


 


Business Operation:


• Much sought after location


• Turn key operation, profitable and easy to run


• Scope and planning permission to build an 18 bedroom guesthouse (cost; $3000+)


• Lonely planet ‘our pick’ restaurant for 7 years, winner of Tripadvisor excellence certificate and within the top 10/286 restaurants on Tripadvisor


• Also included in most international guide books/websites including German, French, Chinese


• Full restaurant and guesthouse license, tax license, tourism license, sign license


• Fully operating POS computer system with stock control


• Fully established day and night time menu, recipes, logo and photo-shop advertising.

Asking Price:   $49000 + $21000 (refundable deposit)


Property:   Leasehold


Lease Terms:   15 year lease from August 2014


Leasehold Rent:   $2200 per month


For any further details or questions please email me at sellmybusiness2016@yahoo.com or call on (00855) 092759753


Agent:
Phone: 092 759753
Khan/District: Other City
Square m (m2) 670



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