Well-known and Profitable Rooftop Sports Bar for sale in HCMC

Well-known and Profitable Rooftop Sports Bar for sale in D1, HCMC

<< This well – established bar and restaurant is located in Ho Chi Minh City’s trending D1 area. It is (quite a lot) bigger than other rooftop businesses: they have inside and outside seating for > 150 people, with a total floor area of ~ 220 m2. It has spectacular views, and it is ideal for events, which is what the current owners are already doing very well. It is great for somebody who wants to skip setting up a restaurant from scratch. >>

What is on offer:

• Located on the rooftop of a central building in D1, Ho Chi Minh City.
• Unique venue: much larger than most other rooftops, easily fitting 150 (!!) people.
• Fully furnished, with inside and outside seating.
• Fully equipped kitchen and bar, currently serving a wide range of drinks and food.
• Current lease is 68.000.000 VND per month.
• The lease contract is valid for 1 more year, possible for extension.
• The floor size is about 220 square meters with private room for event, plus upstairs office/storage space.
• Very good turnover, steady profits, and clear upward trend since covid.
• With their current profitability, an ROI of < 1 years is possible.
• The business currently has 13 employees.
• Open 7 days a week from 10am-Midnight.
• Reason for selling: Owners shifting focus to new projects.
• Handover: the owner is offering a smooth handover and transition,training will also be provided.
• Average monthly revenue: 635,000,000 VND
• Average monthly profit: 73,500,000 VND
• Open to partial investment: 25%
• Sale Options and Terms:                           

+ Option 1: Asking price: 950 million VND, not including inventory, within 7-10 days hand over

+ Option 2: Asking price: 1.15 billion VND, with inventory for foods, alcohol etc, within 7-10 days hand over

+ Option 3: Asking price: 2 billion VND, entire brand including logo, brand identity, all social media accounts, delivery partner accounts, menu, recipes, inventory, equipment PNL and POS reports provided and staff, within 30 days hand over

Potential:

• This unique rooftop venue stands among the finest in Ho Chi Minh City, offering a spacious and versatile space perfect for a range of events. With its stunning panoramic view of the city skyline, it’s an ideal spot to host memorable occasions or simply enjoy fireworks over the skyline in a breathtaking setting.
• Located in the heart of District 1, Ho Chi Minh City’s most desirable area for both expats and affluent locals, this venue is at the center of a rapidly developing, dynamic scene where new and creative businesses are constantly emerging. The local clientele—both Vietnamese and expat—are known for their appreciation of quality food and drinks, and are willing to spend generously for a top-tier experience at a premium restaurant and bar.
• The business is already thriving, fully equipped, and well-established with a strong reputation. Its spacious layout, featuring both indoor and outdoor seating, provides the new owner with the flexibility to either fine-tune the existing concept or introduce a fresh vision. The current owners have seen great success, particularly with their drinks menu and events, leaving ample opportunity for growth.

Foreign ownership:

In Vietnam, it is possible for a foreign individual or company to purchase a bar and restaurant. In fact, this business is already 100% foreign owned, which is a very promising sign, and which sets it aside from many other F&B businesses. The current ownership team is very helpful, and they will be happy to secure a smooth handover / transition. From our side, 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 via e-mail: [email protected]

Further information:

Are you interested in this restaurant for sale in HCMC? 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.