Popular and profitable restaurant for sale in central Nha Trang

<< This is a popular and profitable restaurant for sale in central Nha Trang. Located just 5 minutes (400m) from the beach, and frequented by tourists, expats, and locals. The owner has run this restaurant for around 7 years, and is planning to move overseas. She is therefore looking for somebody to take the restaurant business over from her for a reasonable price. Good opportunity for somebody to jump on board of an already popular and profit making restaurant business in beautiful Nha Trang. >>

What is on offer?

• Popular and profitable restaurant for sale in Nha Trang.
• Opened since 2017, this is a well – established business.
• Located very centrally, just 5 minutes walk from the beach.
• Fully furnished, fully equipped, fully decorated: everything set up, all included.
• Great (!!) online reviews for: delicious food, great staff, and nice design.
• Popular among tourists, expats, and local Vietnamese alike.
• European food, relatively easy – to – learn menu for a new owner.
• Good branding, and active social media: all included.
• Around 210m2 in total, divided between 3 floors.
• Currently only using the ground floor (70m2) for the restaurant.
• Current opening hours: Monday – Saturday, 13h30 – 21h30.
• Employees: 5x, all encouraged to stay.
• Lease: VND 13,000,000/m, 1 year remaining.
• Extension of lease: friendly landlord, open to discuss extension / renewal.
• Current registration: 99% foreign owned LLC.
• Revenue: generated around VND 216M in May/24.
• Profit: generated around VND 96M in May/24.
• The financial trend of this business seems quite favorable.
• Asking price: VND 635M (USD 25,000), all included.
• Valuation: less than 12 months predicted return on investment (ROI).
• Reason for selling: owner moving overseas.
• Handover: the owner is offering smooth handover and transition.
• Location, more photos, videos, and owner details upon request !!

Potential of this restaurant for sale in Nha Trang:

• This popular and profitable restaurant for sale in Nha Trang is located very centrally in the city, only a 5 minutes walk (400m) from the beautiful beach of Nha Trang. The city is a lot in the news, because of its beautiful beaches and its attractiveness for foreign tourists and retirees.
  
• The restaurant exists since 2017, it is well established, and it is receiving exceptionally good reviews from its customers. Especially the delicious food, the great staff, and the nice design of the restaurant stand out. The food concept is European, and the menu is relatively easy to learn by a new owner. For future development ideas, the owner mentions: (i) opening for breakfast, and/or (ii) opening a terrace / lounge on one of the higher floors.
• Even for buyers who do not have a lot of experience in the restaurant industry: the current owner offer to provide a soft handover. This is a turnkey restaurant with a great reputation, a tested menu, active social media, great online reviews, and trained staff: ready for somebody to take over. Contact us now for the exact location, more photos, videos, and owner contact details for a viewing / meeting !!

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LET’s Go

Foreign ownership of a restaurant in Nha Trang:

It is generally possible for a foreign individual or company to purchase a restaurant for sale in Nha Trang. And indeed, this business is currently 99% foreign owned. The current (foreign) owner is open to include her limited liability company into the deal, but a buyer could also just purchase the assets while establishing a new legal entity. Our Bizspective team could advise you in more detail about how this works in practice. If you have any questions about foreign business ownership: feel free to contact us directly either via Facebook, WhatsApp, e-mail, or via the “contact us now” form.

Further information:

Are you interested in this restaurant for sale in Nha Trang? Would you like to learn more about it, for example would you like to know the exact location, or would you like to have the owner contact details for a viewing / meeting? Then please click the “contact button” in the top right corner or send us an e-mail at [email protected] . Drop us a message if you are interested: we look forward to hearing from you! If you are looking for any other businesses for sale and/or other investment opportunities, of course do not hesitate to contact us, or follow this link to see all of our listings.

*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.