SOLD – Investment opportunity: very profitable bar in Da Nang

<< The foreign owner of a very profitable bar in Da Nang is looking to sell (part of) the business. Options include purchasing a partial stake (around 20%) or acquiring the entire business (100%). This bar for sale in Da Nang was established several years ago, it is located centrally in Da Nang, and has a stable lease. >>

What is on offer?

• This bar is foreign founded, and majority foreign owned.
• Established before the pandemic, bouncing back extremely well.
• Located centrally in Da Nang, with excellent reviews.
• Very popular, mostly among expats and foreign tourists.
• Looking for an investment of 900,000,000 VND in total for 20% (open for discussion).
• Open to a full exit at 4,500,000,000 VND
• The option of a visa sponsored by the business is discussable.
• Profit over the past year: around 2,700,000,000 VND
• Profit over the previous year: around 1,700,000,000 VND
• Return on investment: estimated 18 months.
• The business has a multi – year, stable lease.
• Looking for: full buyer or passive investor(s), click with foreign founder.
• Reason for selling: taking out a return on investment and working on new project.
• Further info available upon request !!

Potential of this investment opportunity:

• This is a very interesting investment opportunity for somebody who is looking to jump on board of a well – established and very profitable bar business in Da Nang. The foundation is already laid, the concept is already proven, and most importantly the founder is already making very good money with it.
• No expertise in the food and beverage industry needed, even no active involvement needed at all. The founder is open to completely passive investment. The founder and their team are happy and perfectly suitable to keep running the bar as it is. Having said that, the founder is (naturally) looking for a personal click with the investor(s).
• Da Nang is one of Vietnam’s most popular destinations for tourists, expats, and digital nomads. The city suffered during the pandemic, but now visitor numbers are on their way back to pre – pandemic figures, and this can be seen on the streets and in the businesses of Da Nang. More relevant to this specific investment opportunity: the bar has bounced back greatly, and made a profit of around USD 105,000 over the past year, and USD 65,000 over the year before, which is a growth of almost 60% year on year. With an investment of VND 900,000,000 (USD 32,750) against 20% equity, this means an estimated return on investment (ROI) of +/- 18 months.

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Foreign ownership:

In Vietnam, it is possible for a foreign individual or company to officially own or work for a bar business. This specific bar is majority foreign owned already, and it should be relatively straightforward to add one or more foreign investors to the current legal entity. From our side, our Bizspective team could advise you in more detail about the legal / administrative side of the investment. 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 investing in this business? Would you like to learn more about this business? Do you have any further questions, and/or would you like to organise a meeting with the foreign founder: click the “contact button” in the top right corner or send us an e-mail at [email protected] . We look forward to hearing from you! If you are looking for any other investment opportunities and/or businesses that are 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.