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Established Restaurant & Bar In Vietnam For Sale

Vietnam
Asking Price:
Under $100K (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Under $100K (USD)
Cash Flow:
$50K - $100K (USD)

100% Foreign owned restaurant and bar for sale in Hoi An: this restaurant has been operating since 2017 and has become part of the landscape in the top tourist city of Vietnam: Hoi An. Price P.O.A.
What’s on offer?
• Highly rated, bar – style restaurant, with great reviews across several media platforms.
• Western Vietnamese fusion bar style food
• Great opportunity to expand the trading hours currently Monday -Saturday 4pm -10pm.
• Large area of 500 m2: indoor, outdoor with many unique features and a glassed-in
building and a second kitchen option.
• The current lease price is great value for this location.
• The lease increases 10% per annum with a current 3-year lease in place with right of
renewal.
• Fully equipped bar and kitchen.
• Unique location serving many hotels, villas and homestay nearby.
• Licenses ERC & IRC.
• Current owners work front of house with two fully trained kitchen staff
• Making steady revenue: currently +/- VND 100,000,000 per month, and growing!
• Financials, on request to approved applicants.

Key selling points:
• This business is one of only a few 100% foreign owned businesses in Hoi An and has a
great reputation as an excellent restaurant and bar with high brand recognition.
• Located in a busy area in the number 1 tourist city of Vietnam: Hoi An.
• Indeed, it is hot spot for tourists and expats.
• Fully furnished, fully stocked
• It is already making a good turnover and profit.
• Owners are willing to help with the transition, and provide training after the acquisition.

Property Information

Real Estate:

Lease

Lease Terms:

3 year + 3 year

Leasehold Rent:

$4,500 (USD) per annum

Location:

Prime location servicing numerous hotels villas and homestays

Premises Details:

Has a lazy river in middle of restaurant, able to open roof to have an open air restaurant.

Size in square feet:
500 mtr2

Business Operation

Expansion Potential:

Huge potential for expansion

Competition / Market:

Only western style bar in the area

Reasons for selling:

Owners have reached retirement age

Trading hours:

4pm - 10pm Monday to Saturday

Employees:
6
Years established:
2017

Other Information

Support & training:

Owners will stay on to do complete handover

Relocatable:
This business can be relocated.