7.8 / 10
 Krong Siem Reap

For Sale: Hotel and entertainment bar & grill installed with a large LED video screen.

Key Business Facts
Yearly Sales USD 84 thousand
EBIDTA Margin 15 %
Industries Hotels
Locations  Krong Siem Reap
Business Overview
- Hotel with a full service bar and restaurant located in a premium location i. e. close to the city center.
- The hotel has 16 rooms and the bar has seating capacity for 80 guests with a stage for live music events. The bar also has a large (2.5m x 4m) LED screen.
- Peak season of our business is from December to March. We receive 70% European tourists and 30% Asian tourists.
- About 70% of our bookings are through online channels and remaining 30% is through walk-ins.
- We have subscribed to SiteMinder's service who manages our online booking received through Airbnb, Agoda, Booking. com, Hostelworld and Expedia.
- Prior to Covid-19, our occupancy rate was 45%. We currently operate at 10-15% occupancy rate. Our run rate revenue has reduced due to the pandemic.
Products & Services Overview
- Hotel with 16 rooms, 19 bathrooms and a swimming pool.
- Full service bar & restaurant with 2.5 x 4 meters LED HD screen.
- Live entertainment stage.
Assets Overview
- Entire bar & kitchen equipment including 2.5 x 4 meters LED HD screen (worth $10,000), workshop tools. - Entire hotel furnishings, furniture, linens and towels in 16 rooms. - SiteMinder's channel manager account to manage online booking. - Social media pages such as Facebook, Instagram and YouTube channel. All branding elements such as food video commercials and social media ads. - Transfer of building lease agreement to new tenant, business goodwill. - Existing stock for bar & restaurant and hotel amenities.
Full Sale
Asking Price: USD 99 thousand (Native Currency: USD 99,000)
Reason: Owner is switching back to TV and film production business.
Includes physical assets worth USD 31 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business or Enquire on WhatsApp