Popular bar for sale in Da Nang (An Thuong)

*** Update 1/12/23: in order to sell in the near future, the business owners have lowered their asking price. It was VND 650,000,000 and they have updated it to VND 550,000,000. Inquire now for further info, and a viewing !! ***

<< This popular bar for sale in da nang is centrally located in the tourist area, An Thuong. It is a bustling area with lots of foot traffic, tourists, expats, and Vietnamese. Very well reviewed, with guests loving the bar’s good vibes and friendly atmosphere. This is a good opportunity for somebody to take over a popular, centrally located bar in Da Nang’s famous An Thuong area. >>

What is on offer?

• Located in An Thuong, a very central and popular area of Da Nang.
• In the middle of bustling F&B businesses, walking distance from the beach.
• Fully furnished, including big screens and a pool table.
• Located on the ground floor with indoor and outdoor seating.
• The lease contract is valid for another 2 years and may be extended.
• Lease price VND 20,000,000/m until 11/25.
• Current owner is sub – leasing part of the premises for VND 20 – 25,000,000/m.
• The business is open every day, from the afternoon until very late.
• Currently making a small profit, with lots of potential to grow.
• The business is currently partially foreign owned.
• Owners are willing to help with a soft handover, and training.
• The asking price is VND 550,000,000 negotiable.
• Reason for selling: the owner is moving overseas.
• Photos, further info, and viewing upon request !!

Potential:

• The owner of this bar has already done a lot of work to make this a welcoming place. And indeed, the bar is well known for its good vibes, and its friendly atmosphere. The bar is ready for somebody new to take over, because the owner is moving overseas.
• This business is located in a very central and popular area of Da Nang, called An Thuong. It attracts tourists, expats, and local Vietnamese. Very close to the newly opened walking area. With the comeback of tourism, there is great potential for this bar to grow further. 
• The owners are sub – leasing part of the premises to food business(es), giving them a steady income, even covering their own rent !! The total rent of the premises is VND 20,000,000 / m and the sub – lease generates between VND 20 – 25,000,000 / m.

Foreign ownership:

In Vietnam, it is possible for a foreign individual (or company) to purchase a bar. Please note that the current business is partially foreign owned, with both the foreign owner and the Vietnamese owner of course being fully on board with the sale. Our Bizspective team can advise you in more detail about foreign ownership. We can also help you with the legal / administrative side of the acquisition. If you have any questions about this point, or about any other point, then you can contact us directly either via Facebook, WhatsApp, e-mail, or via the “contact us now” form.

Further information:

Are you interested in this business for sale? Would you like to learn more about this bar, for example would you like to see more photos? Do you have any further questions, and/or would you like to organise a viewing: click the “contact button” in the top right corner or send us an e-mail at admin@bizspective.com . The ownership team of this business is very helpful, and they will be happy to show you their place. We look forward to hearing from you!

If you are looking for any other businesses for sale and/or other investment opportunities, of course do not hesitate to contact us, or follow this link to see all of our listings.

*Disclaimer:

Even though our Bizspective team always tries its very best to provide you with correct and complete information: we cannot always independently verify all the information of our listings. We therefore always recommend business buyers and investors to do their own due diligence before moving forward with any of the business / investment listings on our website. If you are looking for professional support with your due diligence: feel free to drop us an e-mail in order to get connected with one of our professional partners around Vietnam.