For sale: Women’s fashion business for sale in Vietnam, Vung Tau

Asking price

199,000,000 VND

EQUITY

100%

Net profit

240,000,000 VND

Turnover

480,000,000 VND

Ownership

Vietnamese owned

Licenses

ERC

Sector

Retail

Women’s fashion business for sale in Vietnam, Vung Tau:

What is on offer?

  • Beautiful clothing store in Vung Tau city, 100m2.
  • Great supply of clothing, bags, shoes, and accessories from China and Vietnam.
  • Transfer will include:
    • All supplies to operate a fashion & accessories retail shop (more than 520 fashion items in stock), many bags, lots of shoes, mirrors, ACs, computer & camera system, retail software, sound system, mannequins, etcetera).
    • 1 bedroom, kitchen, bathroom, washing area.
    • Houseware furnitures: fridge, washing machine, wardrobe, etcetera.
    • Great following on social media.
    • Full list of stock / supplies / furniture available upon request.
  • The lease price is VND 18,000,000 per month, 1.5 years left on the lease, and extension possible.

Key selling points:

  • This is a new and successful clothing business in Vung Tau, already making a good amount of profit.
  • Located in a hot spot area: near the beach, on a busy street.
  • Sellers will provide full training and support for at least 3 months after the transfer. They have 2 other businesses in the city, which is also the reason why they are selling: they have not enough time to give this business the full attention that it deserves.
  • Handover of useful supplier contracts.

Potential:

  • A clothing and shore store has the advantage of a simple business model. You acquire inventory, display the inventory and market the inventory to drive traffic and sales. It is a turnkey business which, by giving it the full attention it deserves, could be very profitable.
  • In 2020, 70% of Vietnamese people are in the 15 to 64 years old age bracket, which fit the “golden” social structure of consumer demographics. It gets better: when the millennials today age into 35-54 years olds, this particular base will reach the peak of consumer market. Why? Because they are the ones with both the spending power and a relentless appetite for fashion. You can read the full article here.

Foreign ownership:

In Vietnam, it is possible for a foreign individual or company to purchase a fashion retail 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 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!

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