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!

*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 company 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.