(JUST SOLD) Very central cocktail bar for sale in Ho Chi Minh City

<< The owner of this very central cocktail bar for sale in Ho Chi Minh City is looking for somebody to take over in the near future. Located in the famous Pham Ngu Lao area of District 1, and just off the (very) popular Bui Vien street, this is an interesting opportunity to take over a cocktail bar in the very centre of Ho Chi Minh City. The cocktail bar business is fully furnished, fully decorated, and the Vietnamese owner is happy to provide a soft handover, including transition training, staff and partner introductions, cocktail recipes, and more. This is a turnkey cocktail bar for sale, very centrally located in downtown Ho Chi Minh City. >>

What is on offer?

• Cocktail bar for sale, located very centrally in Ho Chi Minh City.
• Located in Pham Ngu Lao, just off Bui Vien street.
• Popular among Vietnamese and foreigners also.
• Good reviews online for: location, vibes, drinks, and friendly staff.
• 70 m2 in total, located on the 1st floor, above a shop.
• Fully furnished, fully equipped, fully decorated: all included.
• Current opening hours: 18h00 – late.
• Lease price of VND 15,000,000 / m, 3 months deposit included in price !!
• Currently registered as a 100% Vietnamese owned business.
• Owner is offering transition support and training to new owner.
• Exact location, walkthrough video, and owner contact details upon request !!

Potential of this cocktail bar for sale in Ho Chi Minh City:

• This cocktail bar for sale is very centrally located in Pham Ngu Lao area, District 1, Ho Chi Minh City, Vietnam’s biggest city. The very nearby Bui Vien street is arguably Vietnam’s most famous going out street, full of bar, clubs, hotels, restaurants. Not only is it very popular for Vietnam’s trendy young generation, but thousands of foreign expats and tourists find their way to this area every single evening.
  
• This cocktail bar is already fully set up, fully decorated, and furnished. It already has a tried and tested menu (recipes included), it has trained staff (encouraged to stay), it has started to build a brand name, it is listed on social media, Google Maps, etcetera. With an asking price of VND 160,000,000 this is a great opportunity for somebody to skip all the hard start up work, and to jump on board on this interesting venture. If this was not enough already, 3 months of rent worth VND 45,000,000 is included in the price !! So if you are interested, do not wait too long, because this bar may sell quickly.
• Even for buyers who do not have a lot of experience in the cocktail bar industry: the current owner offers to provide a soft handover, including introductions to partners, staff, and other helpful contacts. This is a turnkey cocktail bar business for sale with a good reputation, great drinks, and good vibes: ready for somebody to take over. Contact us now for the exact location, walkthrough video, and owner contact details for a viewing / meeting !!

Foreign ownership of a cocktail bar in Ho Chi Minh City:

In Vietnam, it is generally possible for a foreign individual or company to purchase a cocktail bar for sale. Please note, however, that the current business is registered as a 100% Vietnamese owned business. For Vietnamese buyers: it may be possible to take over the structure as it currently is. Foreign buyers would need to either: (i) convert the business into a foreign owned company first, or (ii) 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.

Further information:

Are you interested in this cocktail bar business for sale? Would you like to learn more about it, for example would you like to know the exact location, would you like to see the walkthrough video, or would you like to have the owner contact details for a viewing / meeting? Then please click the “contact button” in the top right corner or send us an e-mail at admin@bizspective.com . The owner is 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.