Popular ice cream shop business for sale in Da Nang (JUST SOLD)

Asking price

300,000,000 VND

EQUITY

100%

Net profit

Upon request

Turnover

Upon request

Ownership

Vietnamese owned

Licenses

ERC, Food safety and hygiene certificate, Manufacturing license

Sector

Food and beverage

(Just sold) Popular ice cream shop business for sale in Da Nang

<< This popular ice cream shop business for sale in Da Nang has a strong reputation in the local & expat communities for its high-quality handcrafted ice cream. This is a great opportunity for someone looking to take on a fully-established ice cream business in Da Nang, and to take it to the next stage, or to develop a new concept using the existing infrastructure and equipment. >>

What is on offer?

  • Fully furnished, beautifully designed ice cream shop.
  • Located in Hai Chau, a key central district of Da Nang.
  • Commercial-grade production kitchen, including professional equipment.
  • Fully licensed and compliant business, including even a manufacturing license.
  • All the necessary equipment for the manufacturing of ice cream.
  • Professional-grade, imported, high-capacity batch freezer (new price USD 12,000).
  • Deep freezer, storage freezer, ice cream display cabinet, refrigerator.
  • Includes all of the company’s intellectual property.
  • Official recipe book, branding guide, marketing collateral, professional photos.
  • Handover of well-established social media channels.
  • Handover of Client database, supplier contacts, etcetera.
  • Current lease at VND 16,500,000 / month.
  • Lease contract valid until January 2024, landlord is flexible to extend.
  • Owner willing to assist in the full handover of the business.
  • The owner’s prefer to sell the business as a whole, but asset sale is also possible.
  • Asking price of VND 300,000,000 is negotiable.
  • Reason for selling: relocating overseas.
  • Lots of photos, asset list, and further info upon request about this business for sale in Da Nang !!

Potential:

  • The shop is well-known in the area for great quality ice cream and for a family-friendly atmosphere. Families with children often visit to enjoy ice cream and play a board game at the counter. It is located in one of Da Nang’s key central districts called “Hai Chau“, surrounded by other businesses, and in a very popular district for Korean tourists, who make up a good part of all tourists that come to Da Nang.
  • This ice cream business in Da Nang has already moved past the initial start-up growing pains and has laid strong foundations for company growth. The costly and time-consuming process to obtain a manufacturing license is already complete. Potential for great business-to-business growth through distribution to hotels, restaurants & local businesses.
  • Established strong relationships with international schools, restaurants, local organizations, and other small businesses in the area, attending and facilitating events, and participating in local philanthropic causes. Potential to continue as a vendor at large-scale community fairs and events as an additional revenue stream. Pre-established relationships with popular tour companies and widely-used Korean network T-Membership.
  • New owner has options to purchase the shop and maintain the brand, or purchase the necessary equipment to create their own ice cream brand. This is a great opportunity for someone looking to take on a fully-established business in Da Nang for a reasonable price, and to take it to the next level, or to develop a new concept using the current infrastructure and equipment.

Foreign ownership:

In Vietnam, it is possible for a foreign individual or company to own an ice cream shop business for 100% in their foreign name. Having said that: this current business is currently registered as a limited liability company for 100% in the name of a Vietnamese person. A Vietnamese buyer could easily take over the existing legal entity. And a foreign buyer could either convert this business to a foreign owned limited liability company, or they could bring a Vietnamese partner on board and leave the legal entity Vietnamese owned which could make things easier in practice. Our Bizspective team can advise you in more detail about 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 ice cream company, for example would you like to see more photos, or would you like to know what is exactly included in the purchase? 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, and they will be happy to show you their place. We look forward to hearing from you!

If you are looking for any more companies 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.

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