Popular rooftop restaurant and bar for sale

<< This popular, well – established bar and restaurant is located in Ho Chi Minh City’s trending Thao Dien area. There is inside and outside seating for > 150 people, with a total floor area of ~ 210 m2, great views, and ideal for events. Fully equipped, fully furnished, and ready for a new owner to take over. >>

What is on offer?

• Located on the rooftop of a central building in Thao Dien, Ho Chi Minh City.
• Fully furnished, with inside and outside seating, easily fits 150 people.
• Fully equipped kitchen and bar, currently serving a wide range of drinks and food.
• Current lease is VND 56,000,000 per month, and the lease contract is valid for another 2 years.
• Upon transferring the ownership, a new lease of 5 years will be available.
• The owners are selling the assets and the lease only. The branding, social media, etcetera is also included. But what is not included is the legal entity.
• The floor size is about 210 square meters.
• Great views of Ho Chi Minh City’s iconic Landmark 81.
• Owner is willing to provide training to assist the new owner with a smooth transition.
• The business currently has 7 employees.
• Open 7 days a week from early evening until early morning.
• More information regarding equipment, revenue, profit, … , available upon request.

Unique selling points:

• A very well established and popular rooftop bar for sale.
• As well as great tasting cocktails, this bar for sale also serves delicious food.
• Located in the buzzing Thao Dien.
• Wonderful venue, big enough to host a wide range of events: from DJ parties, to football matches on big screens, to watching the fireworks over Ho Chi Minh City’s skyline.
• Fully equipped and furnished, adaptable to your own style if needed.
• Well known by locals and expats for its spectacular views, and its great vibe.

Potential:

• District 2, and particularly Thao Dien is Ho Chi Minh City’s number 1 area for expats and affluent Vietnamese. The area is developing rapidly, with new, creative, fancy businesses coming up every day.
• Vietnamese and foreign expats love good food and drinks specifically in HCMC, and they are willing to spend good money for quality time at a great bar and restaurant.
• The current business is well – established, fully equipped and furnished, and doing well. The venue is large enough, with inside and outside seating, that a new buyer would have a lot of options to fine – tune (or adapt more fundamentally) the place to their requirements.

Foreign ownership:

In Vietnam, it is possible for a foreign individual or company to purchase a bar and restaurant. 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 fill in the “contact us now” form.

Further information:

Are you interested in this business for sale? Would you like to learn more about this business, for example some financial details? 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 businessforsale@bizspective.com . We look forward to hearing from you!

If you are looking for any more restaurants / bars for sale, or any other type of business for sale, don’t 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 company 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.