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Boutique Hotel For Sale
Location: Cambodia -> Sihanoukville
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

The hotel for sale commands one of the choicest location right on the first beach road along the best and busiest beach in the area. It's spacious 15 rooms offer all amenities. 3 rooms have sea views. The 2 story building has large verandas and spacious reception area. There is one garden bungalow and room for the expansion of up to 10 rooms and a pool. The hotel is surrounded by lush tropical gardens and has parking. The hotel sits at the center of most of the restaurants and bars in the beach area but is still very quiet and cooled by constant ocean breezes.

Sale includes the successful Hotel Restaurant and Full alcohol Bar, one Sihanoukvilles largest and nicest which seats 36 and 15 at the bar. The hotel has been newly renovated with the addition of 9 new rooms completed December 22 , 2009. Sale includes all fixtures, furniture, equipment, tools, etc.
The price is negotiable!

The hotel enjoys a high yearly occupancy rate, low expenses and good profit with potential for much more. It also enjoys good Expat customers from around Cambodia especially Phnom Penh. The majority of guests are from Europe America, Australia, Russia, and Asia.

Cambodia is an easy place to conduct business with few restrictions. Easily available all year long visas and a general climate for favorable to foreigners. Sihanoukville is growing fast and is becoming Asia's next ''must go to ''destination. Email or call 00-855-12-1600-374.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $250,000
Cash Flow:   $250,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $55,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2007
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will help the new owner in all aspects of training in the hotel systems, licenses, taxes, and gov't regulations[which are few and easy to deal with.
Reason For Selling:  I purchased the hotel as a short term project. The previous owner was adding 9 rooms and ran out of funds to complete the renovations. All construction has been completed to a high standard, and the hotel is 100% operational. So 2/3’s of the hotel is brand knew and earlier rooms have been reconditioned.

Photos

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Boutique Hotel For Sale Photo 1 Boutique Hotel For Sale Photo 2 Boutique Hotel For Sale Photo 3




Print Listing Id: 700120660
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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