If you look at Wikipedia, you will find information about Phnom Penh, the city in which the Valentino's opens, from 2012.
Many people do not even know that there is the land of Cambodia, whose capital is Phnom Penh, let alone where it located.
And for most of the people who can imagine something in this country, there is an image of a developing country which is far behind.
But over the last 4 years, Phnom Penh has developed considerably.
An estimated 3 million people now live in this city and the construction boom is an indication that this figure will double in the next 5 years, at least.
Crucial is to understand the development of this country that one is aware that Cambodia is part of the ASEAN states. This is a union of states, similar to the EU, which opens up a large economic market.
Especially since 15 October 2015 this federation has entered into force, one can almost see how the country is developing, because it flows massively money from China and from Japan into the country.
For several years, the country has seen an economic growth of about 7%, figures that are currently being dreamed of in Europe and other parts of the world.
If 5% of the population owned 95% of the money in the country 4 years ago, there has been an up-and-coming middle class for 3 years, which is currently estimated to be around 10%.
This new middle class has an enormous backlog and it is, in addition to the tourists, this middle class, which we address with our project "Valentino's".
There are also still more reasons why the country is developing massively, but that would lead too far at this point.
"Valentino´s" - The Project
The project is part of a larger concept that has an extremely high potential for high returns from a commercial point of view.
In order to understand this better, allow us to make a little effort.
As is the case in many Asian cities, Phnom Penh also has a lively and colorful nightlife.
Unlike what we know from the Western world, where you usually go out on weekends, there is no such fix for the weekend here.
If you offer something that arouses interest, here is every day "weekend".
Cambodia is a Buddhist country and as usual in these countries, one is quite open to the most diverse ways of life.
Now Phnom Penh is comparable to Bangkok about 20 years ago and so there is still a long way to go in the possibilities of nightlife, which will confirm everyone who was in Bangkok lately and then comes here.
Now there are different orientations that entertainment companies can have and there are also differences in the primary target group.
If you look at the GLBT community (Gay, Lesbian, Bi, Transsexual), then you can see when you look at this scene in other countries that normally business success is usually to be found where more restaurants, cafes, Nightclubs, etc., in one street or area.
This is currently not the case in Phnom Penh, as there are a good number of bars for this scene, but they are normally very far apart.
This makes it difficult for the local population and, of course, for visitors, to really use the variety of offers.
In addition, it is still very difficult to be out to the own family in Asian countries, which means that, as in almost all Asian countries, similar to the Western world at the end of the 80s and during the 90s Years, gay life concentrates in the gay scene, because it creates a space of safety and to meet with likewise people.
This centering is not available in Phnom Penh, as we have already communicated.
Therefore, this project is part of a larger concept, in which a street, Street 174, is to be converted into such an area.
The fact that, due to Buddhist principles, there is high tolerance for different life styles, but it still can be difficult when it comes to families, is one of the living contradictions of Asia, which you also find in other countries, such as, Thailand, where all forms of discrimination by law are severely punished. But also there not everything is really that open minded.
That is why this project exists because there is a real demand and therefor a market and is implemented by the Pink Elephant Entertainment Group.
Pink Elephant Entertainment Group is part of the company group eVisionTeam.
Pink Elephant already operates several entertainment establishments in several countries.
These include bars, restaurants, a sauna, a nightclub, a hairdresser, boutiques and a hotel.
A bar, the "Generations", which is located in the same street, has already been completed and opened on 22 October 2016. It was the start for the implementation of this concept.
Here are some pictures from the generations:
The missing projects, which are also part of the concept, are gradually being added and completed.
The fact that two investors were available for the first project "Generations", which invested a total of 84,000, - $ in the implementation, and made a start-up financing of 240,000, - $ for the second project "Valentino's", this project is special.
In Crowdinvesting, it is usually normal that a fixed amount of investment capital must be achieved before a project can be implemented.
Here it is now that the implementation of the first two areas has already been completed or is in the process of implementation.
Through the business loans provided in this project (Silent Participation), the investor invests in already existing business and, in doing so, solves the initial financing, which is then available for the next section (part) and later flows into further projects. In addition there again money will be raised via crowdinvesting.
Of course, an investment here also remains an investment in a business and thus in a business enterprise that is subject to the usual market risks.
For this reason, there may also be a partial or even a total loss of the loan sum provided here.
For this reason, only money should be invested, which, if lost, will not endanger the own existence.
Nevertheless, at eVisionTeam, we are convinced that due to the special features of this project and the overall concept to which it belongs, the risks involved are more than manageable.
As a result, this investment becomes an investment which, depending on the selection, takes either 5 or 7 years and gives you a solid, yet at the same time high, return on investment.
The "Valentino's" consists of 3 individual areas which together create a unique offer, not only for Cambodia, but also for vast parts of Asia.
1. Night club
2. Outside (restaurant and lounge)
3. Rear house (Rooftop Bar, VIP Rooms and Darkroom / Cruising Area)
Surface area: 1260 square meters
Usable area: 1980 square meters
Altogether up to 460 persons can stay at the same time in the "Valentino's".
38 employees are necessary to maintain the operation.
Opening hours for each section:
Section 1: from 9 pm to 5 am
Section 2: from 12.00pm to 3 pm and from 5 pm to 10 pm
Section 3: 24 hours
Currently, section 2 is being built, which will be completed within the next 14 days.
The expected result is as follows:
Here is the floor plan:
And here some picturesof the construction site: