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Bar & Restaurant for sale

Posted 2 months ago
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Price $50000
Location Thu Dau Mot, Bình Duong
Please contact Mark Hillman
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Description:
We are selling our bar and restaurant situated in Thu Dau Mot, Binh Duong. Only 20Km outside of Ho Chi Minh City, Thu Dau Mot has a large international community which is growing daily due to the huge investment from the Vietnamese government.

The Bar & restaurant has been around since 2011 and specializes in western food. Steak, Burgers, Taco's,Pizza, etc.
We have a loyal base of customers and have very good revenue and profit.

This year (2016) our revenue has been $67000 with a net profit of $26000

We are only selling this business as we are relocating to another country and would prefer someone with a passion to take over and continue where we left of.

The business cost are very reasonable being $300 per month rent, $350 for utility bills, $1000 for staff wages.

We are selling the whole business including all internal fixtures and fittings. The property is part of the sale but the land is leased. We still have 4 years on of the current lease and the land owner is very keen on extending it further.

Sale price $40000
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markhillman Member
Member since 24 March 2015
Saigon, Vietnam
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