If you are a foreigner looking to buy a business for sale in Ho Chi Minh City, Vietnam, you will be pleased to know that many options are available.
Ho Chi Minh City, with its fast-paced and fast-growing economy, is the ideal place to establish roots and make a real impact with your business. It’s full of activity and also home to a diverse range of cultures, cuisines, and consumers. These advantages make it an excellent location to start your entrepreneurial venture in Vietnam.
As a foreigner, here are the top businesses for sale in Ho Chi Minh City to consider.
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Manufacturing
The manufacturing sector is number one on our list of profitable businesses for sale in Ho Chi Minh City.
Ho Chi Minh City is the heart of the Southern Vietnam industrial hub, making it an ideal location for manufacturing companies. The excellent logistics infrastructure is another advantage of establishing a manufacturing business in Ho Chi Minh City. It is easy to get raw materials and finished products into and out of the city due to easy access to ports and major transportation routes.
Another factor to consider in Ho Chi Minh City’s growing skilled worker population makes it easy to find the talent you need to run your manufacturing business. Lastly, Ho Chi Minh City is great for sourcing raw materials and other supplies for your manufacturing business.
F&B business
Instead of opening a new cafe or restaurant, maybe you should look for an F&B business for sale in Ho Chi Minh City. Compared to other industries, the barriers to entry for food and beverage businesses in Ho Chi Minh City are relatively low. Even on a limited budget, you can start a successful F&B business with the right business plan and a little hard work.
Furthermore, Ho Chi Minh City welcomes foreign investment. Suppose you’re considering starting a food and beverage business in Ho Chi Minh City. In that case, you’ll likely find a strong community of local entrepreneurs and business owners willing to offer advice and support.
There are loads of profitable F&B businesses for sale in Ho Chi Minh City for you to choose from. For example, keep an eye out for the following businesses:
Bar or lounge
There are numerous opportunities to make a name for yourself in the bar and lounge scene of Ho Chi Minh City, whether you want to open a trendy cocktail bar, a cozy lounge or a lively pub. The city has a vibrant nightlife scene, and there is always a need for new and exciting places to grab a drink and socialize with friends. Ho Chi Minh City, with its large expat community, is an ideal location to serve customers who enjoy going out and having a good time.
Here are some of the bars and lounges for sale in Ho Chi Minh City:
Rooftop cocktail lounge with a great view
Cafe
Cafes are another popular choice for business in Ho Chi Minh City. Many foreign entrepreneurs have succeeded in opening stylish coffee shops here. With the city’s thriving young population and a soft spot for coffee and casual hangout spots, opening a cafe can be a profitable venture. There are numerous resources and suppliers available for sourcing high-quality ingredients and equipment.
Restaurant
Ho Chi Minh City is an excellent place to open a restaurant, thanks to its rapidly expanding economy and a large appetite for tasty cuisine. In this bustling city, there’s always a market for new and exciting dining experiences, from traditional Vietnamese cuisine to international fusion dishes. Besides, with a large number of tourists and expats visiting the city, you can have a wide range of customer base.
Example of a restaurant for sale in Ho Chi Minh City: link
Health and wellness
Next, when looking for a business for sale in Ho Chi Minh City, you should check out a gym or a spa. The growing interest in health and wellness among the younger generation is one of the primary benefits of establishing a health and wellness business in this location. There is a high demand for health and wellness services in Ho Chi Minh City as more people seek to improve their health and well-being.
Another benefit of establishing a health and wellness business in Ho Chi Minh City is the city’s modern and developed nature. With a diverse infrastructure, facilities, and resources, starting and operating a health and wellness business in Ho Chi Minh City is relatively simple.
You can also focus on foreign customers interested in sports or activities not commonly available in traditional Vietnamese gyms. Consider offering classes in martial arts, such as jiu-jitsu, which may be particularly appealing to foreign customers.
Marketing and advertising company
Marketing business for sale in Ho Chi Minh City is another good option. With a rapidly growing economy, marketing and advertising services are in high demand in Ho Chi Minh City. As more businesses seek to reach and engage with customers, the need for marketing and advertising professionals is expected to rise.
Furthermore, Ho Chi Minh City has a strong talent pool of marketing and advertising professionals, making it an excellent location to hire and build your team. You’ll be able to find the talent you need to succeed in this dynamic market, whether you’re looking for experienced professionals or eager newcomers.
Unfortunately, foreign-owned ad agencies can only operate in Vietnam by collaborating with a 100% Vietnamese-owned ad agency. To establish an advertising agency as a foreigner in Vietnam, at least 1% of the company must be owned by a Vietnamese partner. Read this guide for more information on How to buy equity in a company in Vietnam.
Co-working space
Lastly, co-working space is a good business for sale in Ho Chi Minh City to look out for. Flexible and remote work is becoming more popular in Ho Chi Minh City. Co-working spaces provide an alternative to traditional office environments as more people work from home or on the go.
Furthermore, Ho Chi Minh City has a large and growing population of young professionals. Many of these people are looking for flexible and convenient work environments where they can focus on their work. And with the city’s growing number of startups and small businesses, there is a strong demand for flexible and affordable office space.
By providing a variety of options and amenities, you can appeal to a wide range of customers and build a successful co-working business in Ho Chi Minh City.
With all of these ideas, we hope that you can find your ideal business for sale in Ho Chi Minh City. Check out this guide to learn the whole process of how to buy a business in Vietnam. If you want more ideas on the most lucrative small businesses in Vietnam, check out this blog here.
