Cafe, Retail & Bar For Sale $22000

Kenneth's Asylum is located on St63 by St180. Opposite blue corner boutique hotel. Asking price is 22k. We serve the best Belgian waffle in town on top of other unique dishes and offer a great space to just chill or work on your laptop. Reason for selling is because I am moving back to Singapore as I will be getting married this December. We ran profits of $800-$1000 for each of the last 6 months with a steady stream of expats and travelers staying blue corner boutique hotel which is just directly across. There is a 7 storey bed room apartment upstairs belonging to the same landlord for living or expanding. Excellent reviews on facebook/google and a solid customer base. We’ll throw in a menu with recipes, staffs, and suppliers list for free! All the difficult work is done, you just need to learn the existing system and improvise on this growing business.

Lease: 1.4yrs left with option to renew
Size: 4m by 16m with mezzanine
Operating hours: 9am-11pm

Rent: 856/mth 
Average utility bill: 200/mth
Workers: 4x160/mth

Overhead per month: 1700

Ave revenue daily: 100-200
Ave profit for food: 65%
Gross revenue: 4000/mth
Net profit: 700-1000/mth

Systematic business structure
Bilingual trained staff with fair experience
Calculated profit is without retail sales 
Potential increase in sales as a 15+ storey commercial building (see attached photo) is completing directly opposite
Business is located opposite blue corner boutique hotel (see attached photo). Also nearby the French institute, Puthisastra university, Sorya mall, and few blocks away from pontoon
An option to expand outwards with more sitting selling bbq food
Comes with assets includes all fixtures and equipments, 20 over board games purchase from overseas, video game console, TV, dart board etc..

Equipment includes 2 air air-conditioning unit, 4 bose speakers, 2 fridge, 1 freezer, microwave, waffles machine bought from the states, 2 Philips air fryer and other appliances including blender, rice cooker, electric coffee grinder. Also includes plates, cutlery, glasses, furniture, 7 tables, 11 chairs, 4 sofa couches, another 7 seat sofa at the mezzanine level

You would be getting an established business with all the hustling done for you. Buy it asap and start reaping the profits, prices might go up as business keeps improving. Taking over our business saves you the stress of having to establish all the right connections. We will provide you a full list of suppliers from meat, vegetables, coffee beans, fruits, Ice, Internet to spirits. Simply everything you need for operating. We spent many months filtering and choosing the best ones that benefit us the most, it could be a really long process even for Khmer speakers. Lastly I will be imparting you some expertise in running a F&B business in Phnom Penh.

Price negotiable