Motel for sale!! Price:100 000$

Business Information

Annual Sale: 250 000 $

Cash Flow: 45 000 $

Exclusivity!

Square meter: 4600

Business Description

High-volume restaurant lounge in a national franchise hotel located in Siem Reap Combodia on a state highway.
The business facility is 4,600 square feet with a full food menu and offers room service to the hotel customers. The facility has been fully upgraded during the past few years, is very attractive with a huge bar, separate breakfast room, a large outdoor patio / bar and a seating capacity for 185 customers. The business is located on a major highway with thousands of drives by vehicles and the restaurant services a large business clientele. The business also has entertainment approval for live music.
This wonderful restaurant is in Northern and can be considered a premiere NYC style lounge. The business offers quality dining, drinks & entertainment and excellent service. This restaurant lounge maintains approximately sixty full / part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $30,868.
This restaurant lounge maintains approximately sixty full / part time employees who are unaware of the pending sale. The business transaction has an assignable commercial lease which expires 2027, plus additional options available, with a monthly rent of $8,000, plus $4,500 cam, rent security $25,000. The business is based on a multiple of the net yearly income and includes the value of the specific business assets. Also, possible seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable safe business opportunity.
Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this business opportunity.

Other Informations

Date Established: 2004-07-15

Employes: 20

Price Rent: 25 000 $

Selling reason

Business Growth

Statistic

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