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 (and support from) multiple beverage 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!

*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.