For sale: Business for sale – rooftop cocktail lounge with amazing landmark view.

Asking price

On requested

EQUITY

100%

Net profit

On requested

Turnover

On requested

Ownership

Foreign owned

Licenses

ERC, IRC, Alcohol license

Sector

Food and beverage

Business for sale in HCMC – rooftop cocktail lounge:

What is on offer?

  • This is a 100% foreign owned cocktail lounge, located on the rooftop of a centrally located building in Ho Chi Minh City’s popular Thao Dien area,
  • Front balcony area with 24 seats, VIP room with 12 seats, restroom, hallway, and storage room,
  • Active contracts with drinks suppliers,
  • Cooperation with nearby restaurant,
  • Fully equipped, turnkey business,
  • Lease price of VND 15,000,000 fixed until Q3 of 2024, after that maximum 10% increase ( = standard) for another 3 years,
  • The asking price is upon request, and will be based on the amount that the current owners have invested into the business. It is open for negotiation.

Key selling points:

  • This stylish, cozy rooftop cocktail lounge has a great location in the popular Thao Dien area of Ho Chi Minh City,
  • Fantastic view of the Landmark 81 building,
  • 100% foreign owned, with current owners offering to keep a minority shareholding during the transition period, if the buyer would appreciate that. Asking price and equity holding open for discussion.
  • Alcohol sales license,
  • Accounting and compliance taken care of,
  • Fully equipped, turnkey business,
  • Popular amongst HCMC foreign expats, tourists, and locals alike,
  • Current owners are too busy with their full – time jobs to give this lounge the attention it deserves, and to make full use of its potential.

Potential:

  • The residential skyscraper Landmark 81 has become the newest icon of Ho Chi Minh City, drastically changing its skyline. When the sun goes down, the building is lit with a spectacular set of lights. => It creates a distinctive view for the lounge itself.
  • Vietnamese and foreign expats love good food and drinks, and they are willing to spend money for quality time at a beautiful cocktail lounge.

Foreign ownership:

In Vietnam, it is possible for a foreign individual or company to purchase a 100% foreign owned cocktail lounge. 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 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, 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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