For sale: Cafe and restaurant for sale in Hoi An

Asking price

195,000,000 VND

EQUITY

100%

Net profit

On requested

Turnover

On requested

Ownership

Mixed ownership

Licenses

ERC, IRC

Sector

Food and beverage

Cafe and restaurant for sale in Hoi An – located in a beautiful villa

What’s on offer?

  • This cafe / restaurant is located in a beautiful villa on the outskirts of Hoi An.
  • It has a swimming pool, large terrace area, inside seating, a kitchen, office space, room for a gym, and a fully furnished multi – room apartment upstairs. In other words: this space has lots of potential.
  • The villa is located on the North – West side of Hoi An, a 10 – 15 minutes drive from its UNESCO protected Old Town. It is not very centrally located, but there is some promising development in the area. And under the previous owners it was a popular place for Hoi An- and even Da Nang residents.
  • The business is currently mixed owned: foreign and Vietnamese. However, full foreign ownership should be possible, if needed. The registered business lines allow for all kinds of F&B activities, including on site cafe and restaurant, take away, delivery, live sports on TV, etcetera.
  • The previous owners ran a gym in the villa, and there is some gym equipment available for sale for an interested buyer (not yet included in the asking price).
  • The current lease price is VND 18,000,000 / month, with the lease contract valid until 2025 (extendable). This is an interesting part of the business for sale deal, if you consider that there is a fully furnished, multi – room apartment upstairs in the villa. The new buyer could either live there by themselves, or rent it out for xx VND million per month.
  • Full equipment list, walk through videos, and financial reports are available for serious buyers upon request.

Key selling points:

  • This business is located in a beautiful villa with swimming pool, and is licensed to provide many kinds of F&B services,
  • Located in a promising area, within a short distance from the UNESCO protected old town of Hoi An,
  • Fully furnished, and fully equipped,
  • Possibility to live in the villa, or to rent the apartment out,
  • Very favorable asking price of VND 195,000,000,
  • Foreign ownership possible.

Potential:

  • Why Hoi An city?
    • This is a UNESCO World Heritage Site.
    • Over 3 million tourists visited Hoi An every year before covid.
    • This town attracts people from all over the World.
    • Many tours of Central Vietnam start in Hoi An.
    • Hoi An streets are jam-packed with tourists all year round.
    • This business is reachable from Hoi An and Da Nang.
  • Vietnamese people spend a sizeable portion of their incomes on food and drink. Estimates suggest that somewhere between 20% to 48% of household income is spent on food and beverage consumption. Vietnam is also Asia’s top beer consumer.
  • Tourism is another sizeable contributor to Vietnam’s food and beverage industry. Tourists spend an average of 23.7 percent of their budget on food and drink while in Vietnam.

Foreign ownership:

In Vietnam, it is possible for a foreign individual or company to purchase a cafe / restaurant. This specific business is currently registered with dual ownership: foreign and Vietnamese. 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. And we have visa partner who could take care of that part for you, if needed. So if you have any questions 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 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!

contact our support team

Contact us
Looking for more business for sale?

See more businesses