Popular, centrally located cafe business for sale in An Thuong, Da Nang

<< The Vietnamese owner of this popular, centrally located cafe business for sale in Da Nang is looking for somebody to take over. Located in the popular An Thuong, which is a bustling area with lots of foot traffic, tourists, expats, and Vietnamese. Very well reviewed, with guests loving the cafe’s great selection of food and drinks, as well as the relaxed atmosphere. The cafe business is fully furnished, equipped, and decorated, it is bigger than most cafes, it has two floors, and is located on a corner. This is a good opportunity for somebody to take over a popular, centrally located cafe, for a reasonable price. >>

What is on offer?

• 100% Vietnamese owned cafe, including full kitchen serving food and drinks.
• Located in An Thuong, a very central and popular area of Da Nang.
• In the middle of bustling F&B businesses, walking distance from the beach.
• Fully furnished, decorated, and equipped, everything is included.
• The business has obtained the food safety and hygiene certificate.
• Located on a corner, two floors, with indoor and outdoor seating.
• The lease contract is valid for another 5 years and may be extended further.
• Lease price VND 15,000,000/m until 31/12/23.
• For the year 2024, the lease price will be VND 18,000,000/m.
• From 1/1/25 the lease price will increase with 10% each year.
• The business is open every day, from the morning until the evening.
• Currently making around VND 60,000,000/m revenue.
• Currently making around VND 10,000,000/m profit, with room to improve.
• Owner is willing to help with a soft handover, and training.
• She is also open to sell 50%, and to stay on working in the cafe.
• The asking price is VND 350,000,000 (~ USD 14,250) negotiable.
• Reason for selling the business: the owner would like to free up some funds.
• Photos, further info, and viewing upon request !!

Potential of this cafe business for sale:

• The owner of this business for sale has worked very hard for 3 years to build up a nice and beloved cafe, in the bustling area of An Thuong. The cafe already has a great reputation for its good food and drinks, as well as its comfortable atmosphere. The business could develop further, potentially through marketing and events.
• This business for sale is located in a very central and popular area of Da Nang, called An Thuong. It attracts tourists, expats, and local Vietnamese. Very close to the newly opened walking area. With the comeback of tourism, there is great potential for this cafe to grow further.
• The cafe is fully furnished, decorated, and equipped. All of it is included in the sale, making this a good opportunity for somebody to take over a turnkey cafe, including full kitchen, for a reasonable price. Fully developed menu, which is especially getting a lot of positive feedback from the cafe’s customers.

Foreign ownership:

This business for sale in Da Nang is currently registered as a 100% Vietnamese owned limited liability company. It could potentially be bought and officially owned by a foreign buyers. However, especially in this part of Da Nang obtaining foreign ownership approval is not always easy. For this reason, and others, it may be advisable to keep the registration in the name of a Vietnamese owner. From our side, our Bizspective team can advise you in more detail about the legal / administrative side of the acquisition, and about the options of foreign ownership. If you have any questions about this topic, 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 it, for example would you like to see more photos, or would you like to speak with the owner, and/or view the cafe? Then please click the “contact button” in the top right corner or send us an e-mail at admin@bizspective.com . The owner is very kind and happy to support. So just drop us a message if you are interested: we look forward to hearing from you! If you are looking for any other businesses for sale and/or other investment opportunities, of course do not hesitate to contact us, or follow this link to see all of our listings.

*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 business 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.