Business for sale in HCMC – rooftop cocktail lounge:

<< Update 21/8: the owners of this business are looking to sell in the near future. They have therefore reduced their asking price from USD 27,500 to USD 19,995. Please contact us for more information, and a meeting / viewing with the owners !! >>

What is on offer?

• This is a 100% foreign owned cocktail lounge.
• Located on a rooftop, centrally located in HCMC’s popular Thao Dien area.
• Front balcony area: 24 seats, VIP room: 12 seats, restroom, hallway, storage room.
• Active contracts with (and financial support from) multiple beverage suppliers.
• Cooperation with nearby restaurant.
• Fully equipped, turnkey business.
• Lease is VND 15,000,000/m, fixed until Q3 of 2024, extendable.
• The asking price of VND 475,000,000 ( ~ USD 19,995) is negotiable.
• The foreign owners are passionate about their business, but they can unfortunately no longer combine running this beautiful cocktail lounge with their daily work. They are open – mind, and willing to discuss and consider various buying options with interested buyers. For example: if appreciated then they would be open to keep a small ownership % as passive investors for a certain period of time. Or another example: they would be open to remain semi – actively involved in the running of the business for a few months after the acquisition. All to facilitate a smooth transition to the new ownership, and to help grow the success of this business.
• Further info upon request, e.g. business profile, more photos, financial overviews.

Key selling points:

• Stylish, cozy, rooftop cocktail lounge with a great location in HCMC.
• Located in Thao Dien, arguably the #1 area for expats and affluent Vietnamese.
• Fantastic view of the Landmark 81 building.
• Alcohol sales license.
• Accounting and compliance taken care of.
• Fully equipped, turnkey business.
• Popular amongst HCMC foreign expats, tourists, and locals alike.
• Recently featured in a reputable culinary arts magazine.
• The company is already 100% foreign owned, with the 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.

Foreign ownership:

In Vietnam, it is possible for a foreign individual or company to purchase a cocktail lounge. In fact, this business is already 100% foreign owned, which is a very promising sign, and which sets it aside from many other F&B businesses. 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 either via Facebook, WhatsApp, e-mail, or fill in the “contact us now” form.

Further information:

Are you interested in this business for sale? Would you like to learn more about this business, for example their company profile (PDF), more photos, or financial overviews? Do you have any further questions, and/or would you like to organise a viewing: click the “contact button” in the top right corner or send us an e-mail at admin@bizspective.com . The ownership team of this cocktail lounge is very helpful, open – minded, and they will be happy to show you their place. We look forward to hearing from you!

Looking for other businesses for sale / investment opportunities? Do not hesitate to contact us.

*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 company 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.