<< This is a well-known, Western style restaurant business for sale in Phu Quoc. Established since 12 years, among which 8 years at its current location, this is a profitable business looking for a new owner. Fully equipped, fully furnished, fully decorated, and a full team in place: this is indeed a turnkey business opportunity. Being one of the first foreign managed restaurants on Phu Quoc island, this business has built up a very good reputation, and it is mentioned in several major travel guide books. The food is Western style, and they serve a great selection of draft beer. The ownership is selling this business now because they are relocating out of Vietnam. >>
In Vietnam, it is possible for a foreign individual or company to purchase a restaurant business in Phu Quoc. Please note, however, that the current business is registered as a 100% Vietnamese owned Family household business. For Vietnamese buyers: it may be possible to take over the structure as it currently is. Foreign buyers would need to either convert the business into a limited liability company first, and then purchase it, or they could establish a new legal entity and buy only the assets of this business. 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 via the “contact us now” form.
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