Popular HCMC meal prep company for sale

What is on offer?

• This business is a popular meal prep company, with a focus on nutritious food. Based on the customer’s requirements: they prepare and cook customized meals, and deliver them to their customer’s door. Of course a new owner could adapt the concept to their own business plan.
• Located in a 4 floor building in District 2, the current owner has designed it to fit their needs: 1 prep room, 1 vegetarian prep room, 1 storage room, 1 office room, and the owner could live there also.
• Great reputation, nice website, good branding, and very good social media following.
• Client list, step – by – step recipes, meal plans, standard operating procedures, all kitchen equipment, set up: everything is ready for a new owner –> this is a turnkey business.
• The current lease, which is valid until 02/24 (and could be extended after), is VND 24,000,000. The owner paid 2 months deposit, which is already included in the asking price!
• The company is registered as a 100% Vietnamese owned limited liability company (LLC), and could be converted into a foreign owned LLC.
• The current owner is relocating overseas, and is willing to handover the business to a new passionate owner for a reasonable price.
• Full inventory list, additional photos, and financials available upon request for interested parties.

Key selling points:

• This is a registered, fully equipped, turnkey company for sale.
• Great reputation, good and loyal Client base, very good online presence.
• Before covid, this business had an average monthly revenue of VND 600,000,000 (peak at VND 970,000,000), with a monthly profit of around VND 200,000,000.
• The asking price is very reasonable already, yet negotiable, and it includes a rental deposit worth VND 48,000,000 !
• Current owner is willing to fully support with the handover, including training and explanation about the current concept, and help with the transfer of the licenses.

Potential:

Why meal prepping services are popular?

Meal prep services are becoming more and more popular. Customers can have meals that are diverse, interesting and tasty. Meal prepping makes healthy eating easier and cuts down on shopping trips. For people with busy lives, the convenience of prepped meals does not only save their time, but it also serves them nutritious meals at the same time.

Food and beverages make up between 40-48% of Vietnamese household expenditure. Vietnam’s F&B market is very attractive. Due to changing consumer behaviour, more mobility, rising affluence, and urbanisation, Vietnam is expected to be among the top three nations in Asia in terms of food and beverage development.

Foreign ownership:

In Vietnam, it is possible for a foreign individual or company to purchase a F&B company like this one. Our Bizspective team can advise you in more detail about how you could try to obtain full foreign ownership, if you would be interested in that. We can also help you with the legal / administrative side of the acquisition. We also have several visa contacts who could take care of that part for you, if needed. So if you have any questions about this business listing, and/or about foreign business ownership: 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 company for sale in HCMC, 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! If you are looking for more businesses for sale in HCMC let us know.

*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.