For sale: Profitable Bar & restaurant for sale in Hoi An.

Asking price

1,000,000,000 VND

Net profit

On requested

Turnover

On requested

Ownership

Mixed ownership

Licenses

ERC, Food safety and hygiene certificate

Sector

Food and beverage

Introduction:

This is a casual community gastrogarden with elevated comfort food, premium drinks, and chilled-out vibes. It is also the premier bagel shop in Hoi An, a little hidden oasis at the beach, and so much more! All food and drinks are made with fresh, quality ingredients, sourced from local partners and farmers whenever possible. From their housemade cold-pressed juices and freshly squeezed lemonade, to select craft beers and wines; people love to come here to raise a glass with friends and lounge the day away. The restaurant has a plant-filled garden with comfortable seats, and it has a close-knit team, with big hearts and huge smiles.

What is on offer:

The owners are looking to start a new project elsewhere; therefore they are open to sell their restaurant to shift focus and help fund the new venture. They offer you a full turnkey solution:

  1. The asking price is VND 1,000,000,000 (negotiable). Further information, including inventory list upon request.
  2. Complete turnkey. Seamless transition into operating a profitable restaurant and bar. Includes all structures that are built on the land (e.g. two shipping containers), kitchenware and appliances, furniture, etcetera.
  3. This goes along with the brand concept, the menu & recipe book, social media accounts, Google/Tripadvisor listings, training, multi – year lease with ability to extend, and insights into other potential lines of business to increase revenue outside of the brick & mortar operation.

Key selling points:

  • Located in one of the most beautiful and well – traveled cities in Vietnam with tourism numbers reaching ~ 5 million pre – covid. Travel & Leisure rewarded Hoi An “The World’s Best City” in 2019.
  • In prime location for foot traffic, and it sits as the gateway for large tour groups visiting the beautiful beaches of An Bang. Tour bus park lot sits directly across from the restaurant for those entering An Bang, offering a huge opportunity for sales with international tourism resuming.
  • Has been operating throughout the covid pandemic without a single month of operational loss, a positive reflection on brand concept, loyal following, and operational efficiency.
  • Is fully licensed, and is partially foreign – owned. This is a good sign for future foreign buyers, who could get the ownership officially registered in their names. It also offers the opportunity for the new owner to obtain a long time visa sponsored by the restaurant. This is something that is harder and harder to find in (Central-) Vietnam.
  • Resides on a leased area of 225 m2, with potential for expansion. Lease can be extended to a new multi – year lease with limited price increase, ensuring long term stability.
  • Fully furnished (inventory list upon request) and an experienced team of 6 staff members who are trained to run the business semi – independently, providing a true turnkey solution and seamless transition.

Foreign ownership:

In Vietnam, it is possible for a foreign individual or company to acquire 100% ownership of a restaurant. Our Bizspective team can advise you in more detail about how this works in practice, and how you can obtain foreign ownership of this restaurant. We can also help you with the legal / administrative side of the acquisition.

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!

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