Bistro – bar for sale in Ho Chi Minh City (Thao Dien)

<< The foreign owners of this charming bistro – bar for sale in Ho Chi Minh City (Thao Dien) are looking for somebody to lift off what they have started. This is a turnkey, fully licensed, foreign owned F&B business for sale in one of Ho Chi Minh’s most popular areas. Started > 1 year ago, fully licensed, fully above board, the foreign ownership couple have passionately built up this business, which is located inside a popular entertainment complex in Thao Dien. Being specialized in marketing themselves, they have carefully built the brand, and they have created good quality social media accounts and online sales channels. For personal reasons, they are now looking for somebody to lift off what they have started. 3 months of rent worth VND 75,000,000 included in the asking price >>

What is on offer?

• Bistro / bar for sale, located in Thao Dien, Ho Chi Minh City.
• Fully furnished, fully equipped, fully decorated: everything set up, all included.
• Registered on various popular delivery apps (Grab, ShopeeFood, GoFood).
• Delivery revenue is making up around 50% of total revenue.
• Supplier system fully set up: tenders were held and prices optimized.
• Loyal customer base: 60% of the total number are regular customers.
• Good reviews (delivery apps + Google) for: food, staff, games, good vibes.
• Popular among foreigners (60%) and Vietnamese (40%).
• Active social media, e.g. IG, FB, TikTok and customised advertising campaigns.
• Located inside a popular entertainment complex, part of a food court.
• 27 m2, located on the ground floor, right to a much bigger food court.
• Seating available inside the bistro, and in the common food court area.
• Full kitchen, full bar, and POS already set up and working.
• Detailed inventory list with photos and price available, estimated VND 325M+.
• Very good branding and marketing included.
• Current opening hours for food: 12h00 – 21h00, and for drinks: 20h00 – late.
• Employees: 3x Vietnamese, fully trained, all encouraged to stay.
• Lease: VND 25,000,000/m + VAT, valid until 31/1/25, priority to extend.
• Deposit: 3 months rent worth VND 75,000,000 included in the asking price !!
• Current registration: 100% foreign owned, fully licensed, fully above board.
• Visa: sponsored visa(s) under this company are possible.
• Revenue: currently generating +/- VND 100,000,000/m.
• Profit: business is currently around break – even.
• Asking price: VND 895,000,000 all included, negotiable.
• Valuation: cost of entry + current revenue + development potential.
• Reason for selling: personal reasons from the foreign owners.
• Handover: the owners are very passionate and helpful, offering smooth transition.
• Exact location, more photos, video, inventory list, owner details upon request !!

Potential of this bistro / bar for sale in Ho Chi Minh City:

• This bistro / bar for sale in Ho Chi Minh City is located within a popular entertainment complex inside Thao Dien, which is one of the most popular areas of Ho Chi Minh City, Vietnam’s biggest city. In the same complex, there are several other outlets, including for food and drinks, and guests can sit either inside the bistro or (as most guests do) make use of the inviting food court common area. This greatly helps attract foot traffic to this bistro – bar.
  
• The owners, who are specialized in marketing, have carefully developed the branding, social media, and online sales channels for their business. These are all included in the sale, saving the buyer lots of time and effort. Furthermore, work processes have been streamlined and configured, meaning that the business is set up in such a way that it is scalable, for example via a franchise formula. The owners would be happy to share their vision and ideas about this.
• Even for buyers who do not have a lot of experience in the bistro bar industry: the current owner offers to provide a soft handover. This is a turnkey F&B business for sale with a good reputation, good community of loyal customers, great menu, fully trained staff, visa options for foreign buyers, and good development potential. Indeed, it is ready for somebody to take over. Contact us now for the exact location, itemised list of what is included, more photos, and owner contact details for a viewing / meeting !!

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Foreign ownership of a bistro / bar in Ho Chi Minh City:

In Vietnam, it is generally possible for a foreign individual or company to purchase a bistro / bar business for sale. And indeed, this business is currently 100% foreign owned, it is fully licensed, and it is fully above board. This is definitely a good selling point for this business. For example because it makes the due diligence a lot easier, and it creates a good opportunity for foreign buyers to secure their visas via this business. Whether you are a foreign buyer or a Vietnamese buyer: you could take over the legal entity as it is. Our Bizspective team could advise you in more detail about how this works in practice. We could also help you with the legal / administrative side of the acquisition. If you have any questions about foreign business ownership: feel free to contact us directly either via Facebook, WhatsApp, e-mail, or via the “contact us now” form.

Further information:

Are you interested in this bistro / bar for sale in Ho Chi Minh City? 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 admin@bizspective.com . The owner is passionate, warm hearted, friendly, and very happy to support. So just 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.