3 Star Hotel with Café/Restaurant and Swimming Pool in Siem Reap
Listing No. 855-0200
- Business: 3 Star Hotel with Café/Restaurant
- Location: Sangat Svay Dankum, Siem Reap, Cambodia. The location is ideal: walking distance to great local restaurants, the night market, even Pub Street and the old market.
- Building: 2 Story building with ground floor entrance
- Features: 18 guest rooms (3 triple and 15 doubles) totally renovated in December 2014. 16 of the rooms surround the chlorinated swimming pool, with the other 2 rooms (split level double rooms) being on the 2nd floor where the café/restaurant is located. All rooms (minimum size 30m2) are well appointed with en-suite bathrooms, air-conditioning, TVs (80 channels), WIFI, tea and coffee making facilities, mini safes, fridges, etc. A lot of marketing has been done recently and includes improvement in Trip Advisor Ratings, TV commercials being aired in Pattaya and a re-write of the hotel website.
- Tenure: Leasehold, 10 years renewable (10+10)
- Staff: Currently 5 staff, with a monthly payroll of US$800
- Stock: Stock remaining at time of settlement is included in the price
- Online: Website and Face Book page can be transferred to the new owner if required. Rated on Trip Advisor and listed with major booking channels like expedia, agoda and booking.com, etc
- Rent: US$4,000 a month for 5 years, then US$5,000 for the next 5 years
- Utilities: About US$600 a month
- Car Parking: Private car parking for 3 cars on-site
- Business Operational: Yes – since December 2014
- Asking Price: US$100,000
- Price Negotiable: Yes, near offers will be considered
- Sale Terms: 10% deposit (to secure the business and remove it for sale) and the balance within 30 days. Ownership does not transfer until payment has been received in full
- More Information: Further details will only be provided after inspection
- Inspections: 24 hours’ notice is required to inspect this business. Inspection times are between 1000 and 1700 Monday to Saturday.
- Agents: No Agent inquiries please
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