For sale: Business for sale in Danang – Stylish cafe

Asking price

415,000,000 VND

Net profit

On requested

Turnover

On requested

Ownership

Vietnamese owned

Licenses

ERC, Food safety and hygiene certificate

Sector

Food and beverage

Stylish cafe for sale in Da Nang

Description:

This is a stylish, 2-floor cafe / burger restaurant in the city side of Da Nang. The building was completely renovated in late 2019, early 2020. WC facilities, fans, ACs, lighting, camera / wifi-equipment and rolling gate are all new when renovated.

It has a surface area of around 210 m2, divided between 2 floors plus a rooftop area. Fully equipped kitchen (appliances and tools), and plenty of silverware, tableware, and glassware.

There is a bar area for preparing and serving juices/smoothies/coffee/tea, and furniture is included for ~30 pax (1st floor). High-quality appliances (includes restaurant-grade dishwashing machine, cooler/freezer, espresso machine, coffee grinder), and POS software paid for 10 months, portable card reader (VISA, MASTERCARD, JCB, NAPAS).

Multifunctional space is suitable to sublet to other businesses (office, fashion shop, etc.), or for expanding seating on the 2nd floor.

Rental fee: VND 22,000,000 ( = USD 968) per month.

Rental contract: the contract will end in 09/2024, with a 10% increase each year.

Asking price: VND 415,000,000 ( = USD 18,260). This includes a long list of mostly professional inventory with a new price of around VND 630,000,000 ( = USD 27,720).

Advantages:

  • It is in a good, normally busy location in the centre of Da Nang.
  • Fully equipped, with professional equipment, stylish.
  • The location should be possible for foreign investment.
  • It already has a burger concept, which you could take over, but of course, you would be free to change this and to give it your own touch.
  • Already has a business license (ERC), and food safety and hygiene certificate.

Foreign ownership:

In Vietnam, it is possible for a foreign individual or company to acquire 100% ownership of a cafe. Our Bizspective team can advise you in more detail about how this works in practice, and how you can acquire foreign ownership of this business. We can also help you with the legal / administrative side of the acquisition.

Further information:

Are you interested, would you like to learn more about this business for sale, do you have any questions, and/or would you like to organize a viewing: click the “contact button” in the top right corner or send us an e-mail at businessforsale@bizspective.com . We look forward to hearing from you!

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