Antique Furniture Restoration Business In Vietnam For Sale

Business description

Restoration business in Saigon, Vietnam for sale. Perfect for an inexpensive ongoing supply for Asian antique outlets.

Ongoing restoration shop includes:
- Warehouse inventory (unrestored)
- Restored items (ready for shipment)
- Warehouse and shop lease
- Current employee contracts
- Supplier contacts and training
- On-site management contractor (native English speaker) available.

Business has been in operation for 4 years; 2 under current owner, who is relocating to Japan. Owner will work with buyer to ensure smooth transfer of assets and contacts. Will require trip to Vietnam to survey business with ticket to be refunded upon business purchase.

Asking US$70,000.

Property information

Real Estate:

Lease

Lease terms:

Monthly rent: 62 USD (1 million VND). Currently under yearly lease, but longer term is possible.

Location:

On outskirts of Ho Chi Minh City (Saigon). About 5 miles from Tan Son Nhat International Airport; 15 miles from downtown HCMC. A few hundred yards off of major roadway.

Other information

Expansion potential:

Up to you. You have the option of exhausting the current inventory of furniture on hand, or of making this a continuous operation. We (two Saigon-based American businessmen) can work with you to ensure a continual supply of restorable furniture and/or antiques.

Competition / Market:

Not applicable. We are assuming you will want this business as a means to supply your own existing operation with restored antique furniture.

Support & training:

N/A

Reasons for selling:

Owner is relocating to Japan. (Also selling off three houses in Saigon and several other properties, if interested)

Trading hours:

N/A

Inventory / Stock value:

$60,000

Contact the seller