Restaurant and Rooftop Bar For Sale in Thao Dien area, HCMC

Asking price: 1,995,000,000 VND

Restaurant and Rooftop Bar For Sale in Thao Dien area, HCMC

DESCRIPTION

Large restaurant and rooftop bar of 210m2 for sale with a stunning skyline view in Thao Dien area, Ho Chi Minh City.

  • ASKING PRICE: 1,995,000,000 VND
  • EQUITY: 100%
  • NET PROFIT: Upon request
  • TURNOVER: Upon request
  • OWNERSHIP: Mixed ownership
  • LICENSES: ERC, Food safety and hygiene certificate
  • SECTOR: Food and beverage

This popular, beautiful, well – established bar and restaurant is located in Ho Chi Minh City’s trending Thao Dien 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 ~ 210 m2. It has spectacular views, and it is ideal for events, which is what the current owners also like to organize. Fully equipped, fully furnished: this is a turnkey business that is 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.
  • Much larger than most other rooftop businesses, 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 VND 56,000,000 per month.
  • 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.
  • Meaning: the branding, social media, etc is included, but not the legal entity.
  • The floor size is about 210 square meters.
  • Great views of Ho Chi Minh City’s iconic Landmark 81 building, illuminated at night!
  • 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.
  • Reason for selling: one of the (lead) owners is moving overseas.
  • More info regarding equipment, revenue, profit, photos –> available upon request.
  • The true potential is best seen with your own eyes, so we encourage viewings !

Unique selling points:

  • A very well established and popular rooftop bar for sale.
  • As well as great tasting cocktails, this business also serves delicious food.
  • Located in the buzzing Thao Dien area of Ho Chi Minh City.
  • Wonderful venue, and much bigger than other rooftop businesses: very suitable for hosting 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 fully furnished, turnkey, and 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 restaurant and bar.
  • 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 own part of a digital marketing software company. The owners are first of all looking for one or more angel investors who are willing to invest into their Singapore (head) company. However, for big investors they are willing to consider and discuss visa options under their local Vietnam (cost) company. For more information about how this could work in practice: please feel free to contact our Bizspective team. If needed, we can also help you with the legal / administrative side of the investment.

Further information:

Are you interested in this business for sale? Would you like to learn more about this business, for example some financial details, more photos, and a list of furniture and equipment that is included in the sale? Would you like to organise a viewing: that is a great idea. We look forward to hearing from you!

If you are looking for any more restaurants / bars for sale: don’t hesitate to contact us.

*Disclaimer:
Even though our 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.

useful articles

Properties that may interest you

CONTACT US

* The prices shown on our pages are subject to availability. Availability of properties vary daily. Please contact us to receive the updated price list.