For sale: Restaurant Business for sale in HCMC, Thao Dien.

Asking price

382,000,000 VND

EQUITY

100%

Net profit

Upon request

Turnover

Upon request

Ownership

Mixed ownership

Licenses

ERC, IRC

Sector

Food and beverage

Foreign owned restaurant business for sale in HCMC:

What is on offer?

  • The restaurant is located in Thao Dien area, HCMC.
  • A 3 story building with a lower floor dining area.
  • Small kitchen to the rear.
  • A full second floor prep kitchen.
  • Large storage room.
  • Third floor, which is currently being used as office.
  • The restaurant is fully equipped, basically as a “dark kitchen”, with a dine – in area.
  • There are 5 years left on the lease, with a monthly lease price of VND 18 million.
  • The asking price includes 3 months of rental deposit, worth VND 54 million!
  • Full asset list available upon request.
  • 1 big local food supply contract will be passed over.
  • 2 food and drink apps for iOS and Android will be included in the price, also.

Key selling points:

  • This business for sale in HCMC is currently registered with 2x foreign owners, and 1x Vietnamese owner.
  • Ownership could be transferred over to a new foreign owner, which would make them eligible to apply for an investor visa.
  • Could also be transferred easily back into a Vietnamese – owned Family household business.
  • This is essentially an asset sale of a fully equipped restaurant, with full flexibility for the buyer to re – design it to their liking.
  • The already attractive asking price is negotiable, and it includes 3 months of lease deposit ( = worth VND 54,000,000).
  • There are no outstanding liabilities or debts attached to the business.
  • As a bonus, the business comes with 1 current food supply contract, and 2x mobile apps!

Potential:

  • Thao Dien is a very popular area of Ho Chi Minh City, a place full of vigor and home to diverse groups of residents from all different cultures in the world. You could say that Thao Dien is where “east meets west”, and it has lots of potential.
  • Food and beverages make up between 40-48% of Vietnamese household expenditure. Vietnam’s F&B market is very attractive. Due to changing consumer behaviour, more mobility, rising affluence, and urbanisation, Vietnam is expected to be among the top three nations in Asia in terms of food and beverage development.

Foreign ownership:

In Vietnam, it is possible for a foreign individual or company to purchase a restaurant. In fact, this business is already partially foreign owned, which is a good sign. Our Bizspective team can advise you in more detail about how you could try to obtain full foreign ownership, if you would be interested in that. We can also help you with the legal / administrative side of the acquisition. And we have visa partner who could take care of that part for you, if needed. So if you have any questions about foreign business ownership: contact us directly either via Facebook, WhatsApp, e-mail, or fill in the “contact us now” form.

Further information:

Are you interested, would you like to learn more about this business for sale in HCMC, 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! If you are looking for more businesses for sale in HCMC let us know.

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