<< This turnkey, profitable lounge for sale in Da Nang is centrally located in Son Tra district, 1km from the beach, 500m from the river, and close to many amenities. Currently attracting mostly Korean guests, it is ready for a new owner to take over. Generating steady turnover and profit, and fully licensed as a bar, this is a good opportunity for somebody to jump on board of a turnkey nightlife business. >>
In Vietnam, it is legally possible for a foreign individual or company to purchase a lounge / bar such as this one. Please note that the current business is registered as a 100% Vietnamese owned family household business. For Vietnamese buyers: it may be possible to take over the structure as it currently is. However, foreign buyers would either need to convert the business into a limited liability company, or they could establish a new legal entity and buy only the assets of this business. If needed, then the current Vietnamese owner would consider to (temporarily) keep the current business registered in their name. In practice, it is sometimes difficult to obtain official foreign ownership of a business in this particular area of Da Nang. Also, for this type of nightlife business, it often helps to have a Vietnamese partner on board. For these reasons, the option of working with a Vietnamese partner may be worth considering. 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 via the “contact us now” form.
Are you interested in this business for sale? Would you like to learn more about this bar, for example more photos, or the exact location? 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 firstname.lastname@example.org . If you are looking for any more businesses for sale in Da nang, or any other type of business for sale in any other city, do not hesitate to contact us. We look forward to hearing from you!
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