SOLD – Popular family – oriented cafe for sale in Da Nang, An Thuong.

*** Update 6/7/23: the business owners have updated their asking price. It was USD 21,000, and they have updated it to USD 10,500. Various purchase options are open for discussion. Inquire now for further info, and a viewing !! ***

<< This popular family – oriented cafe for sale in Da Nang has a great reputation. It is very centrally located in the popular An Thuong area, where you find a great mix of tourists, expats, and locals. Fully furnished, fully decorated, and with a great social media presence and branding. This is a turnkey business located in a very central location and operating in a growing market, being: family – oriented cafes. Parents enjoy nice drinks and good quality food, while their children enjoy the professional playground or one of the numerous children activities especially designed for them. >>

What is on offer?

• Located very centrally, in Da Nang’s popular An Thuong.
• Customer base is currently 50% Vietnamese, 50% foreigners.
• It has 3 floors and a rooftop.
• Fully furnished, fully decorated, and set up with high-quality equipment.
• Very reasonable lease price of VND 15,000,000 / month.
• From 1/7/24 the lease price will go up to VND 16,500,000 / month.
• After that: the landlord is flexible to negotiate and extend.
• The business is licensed, compliant, and majority foreign owned.
• The current owners offer to handover the legal entity too.
• The concept is designed for parents with their kids and babies.
• Indoor playground, baby zone, and interesting activities and events.
• Great reputation and social media presence, including strong branding.
• Owners are willing to help with the transition and training for the new owner.
• Other purchase options (e.g. assets only) are open for discussion.
• Lots of photos, videos, and other info upon request !!

Potential:

• The family cafe market has increased in Da Nang in recent times. The current owners had anticipated this already, and they have had a clear vision from the beginning. They have developed not a noisy, low quality cafe with some toys for kids. But instead: a great cafe / bistro with a high quality, safe, professional playground for kids. Also lots of fun activities and events for the children, while their parents enjoy nice drinks and great food.
• This business is located in a great part of Da Nang: it attracts tourists, expats, and local Vietnamese. Very close to the newly designed walking area, and also within easy walking distance from the beach. It seems only a matter of time before the 3 months tourist visa will come back, something that could really push this business to new heights.
• The location includes 3 floors and a rooftop: for a very reasonably lease price. Of course the new owner could decide to continue on the journey that the current owners have started. And the current owners would be happy to ensure a smooth handover and training for the new owner. However, the space is large enough, and the business is set up in such a good way that there is also enough opportunity for the new owner to give this business their own twist.

Foreign ownership:

In Vietnam, it is possible for a foreign individual or company to purchase a cafe for sale. The current business is registered as a majority foreign owned limited liability company. For interested parties the current owners are open to discuss the selling of the legal entity as well. This could be of great added value for a buyer, because registered foreign ownership in this particular area of Da Nang is increasingly hard to find, and because buying an existing, foreign – owned, legal entity is potentially quicker and easier, compared to starting one from scratch. From our side, our Bizspective team can advise you in more detail about how the transfer of ownership 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 cafe, for example a list of inventory and stock, and/or more photos and videos? 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 [email protected] . The ownership team of this business is very helpful, they have everything ready for a take over, and they will be happy to show you their place. We look forward to hearing from you!

If you are looking for any more cafes for sale, or any other type of business for sale, 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 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.