Restaurant & Bar for Sale in District 1, HCMC

Well-known Restaurant & Bar for sale in D1, HCMC

<< Step into one of Ho Chi Minh City’s trendiest hotspots! This well-established restaurant and bar offers a vibrant escape from the bustling city life of Saigon. With a combination of award-winning pizza, craft beers, cocktails, and a range of healthy juices, coffee, and tea, this venue is a haven for foodies and partygoers alike. Enjoy live DJs, bands, and weekly events in an atmosphere that oozes good vibes. >>

What is on offer:

• Prime Location: venue in the heart of District 1, the city’s most desirable area.
• Fully Furnished & Equipped: Ready to go with a full kitchen, bar, and seating area, no need to start from scratch.
• Affordable Lease: VND 91,000,000 per month with a 5-year contract and extension options.
• Spacious Venue: Approximately 300 sqm of versatile space, perfect for hosting events or expanding operations.
• Solid Financials: Steady profits with a clear upward trend, offering an ROI in less than 2 years.
• Average Monthly Revenue: 600,000,000 VND
• Team in Place: The business is currently run by 12 experienced employees.
• Operating Hours: Mon-Fri from 4 pm to midnight, Sat-Sun from 11 am to midnight.
• Reason for selling: Owners shifting focus to new projects.
• Asking price: 1.2 billions VND                         

Potential:

• With its central District 1 location, this unique venue offers an ideal spot for events or simply unwinding while enjoying the stunning skyline. The area is a melting pot of expats and locals with an appetite for high-quality food and drink, ensuring a steady flow of business. The restaurant has an established brand, well-known for its vibrant atmosphere, fantastic drinks, and live entertainment. The new owner can seamlessly take over a thriving, profitable business with the option to continue its successful concept or add their personal touch. With a proven track record of profitability and potential for further growth, this is an exciting opportunity for anyone looking to dive into Ho Chi Minh City’s dynamic F&B scene.
• Don’t miss out on owning one of Saigon’s most best venues in the city’s hottest area!

Foreign ownership:

In Vietnam, it is possible for a foreign individual or company to purchase a bar and restaurant. In fact, this business is 100% Vietnamese owned, which is possible to convert into foreign-owned company. The current ownership team is very helpful, and they will be happy to secure a smooth handover / transition. From our side, our Bizspective team can advise you in more detail about how this works in practice. We can also help you with the legal / administrative side of the acquisition. If you have any questions about foreign business ownership you can contact us directly via e-mail: [email protected]

Further information:

Are you interested in this restaurant for sale in HCMC? Would you like to learn more about it, for example would you like to know the exact location, or would you like to have the owner contact details for a viewing / meeting? Then please click the “contact button” in the top right corner or send us an e-mail at [email protected]. Drop us a message if you are interested: 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.