Business for sale! – Pho Viet Kieu #B105

Business Overview

Popular Vietnamese Dishes with High Quality Ingredients at an Affordable Price. Pho with 100% Australian Beef – Taste and Tenderness Guaranteed!

Asking price:

  • $150,000 (open for negotiation).

Financial Reports:

  • Pho Viet Kieu’s average turnover is VND 200 million per month (or USD 300 per day), with the fixed costs being around 35%.

Lease agreement and location:

  • Rental price: VND 25 million per month.
  • Signed for 10 years, of which 9 years are left.
  • To be paid every six months, next payment due in December 2019.
  • Lease agreement is in the company’s name.
  • Rental price increase by maximum 5% every year.
  • Floor space 300 – 350 square meters, of which about 150 square meters are currently unused.
  • Building specifications: 3 floors, 5 rooms, and 6 bathrooms.
  • 500 meters from the beach, in a popular tourist area (An Thuong)
  • Current total of 80 seats. Maximum capacity is 130 seats.
  • 2 floors used for living and storage.

Licenses:

  • The company is fully foreign-owned.
  • IRC in place, ERC in place.
  • Certificate of Food Safety Conditions in place.

Online presence:

  • Facebook: good presence and reviews.
  • Google My Business: 500+ reviews.
  • TripAdvisor: 300+ reviews, number 60 out of 1,000+ restaurants in Da Nang, 4/5.
  • Naver (Korea): good presence.
  • Dianping (China): good presence.
  • Foody, Grab, and Move: registered.

Reason for selling:

  • Foreign partners relocating out of Vietnam.

Staff:

  • It is fully staffed.
  • Vietnamese manager – two assistant managers, 6 kitchen staff.
  • Accountant.

This is an exciting opportunity for someone who wants to take on a well known businesses that is cash flow positive 💲.  


Please contact us to arrange a viewing
📞 0354900977 – Mr. Barney
🌐 Bizlen.team@gmail.com


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