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Bar for Sale in Da Nang, Vietnam

For Sale: Best-rated cocktail bar in Da Nang with 40 seats (crowded even during Covid-19)
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 51 thousand
Run Rate Sales USD 52 thousand
EBITDA Margin 32 %
Industries Restaurants + 1 more
Locations  Da Nang
Local Time 10:42 PM Asia / Ho Chi Minh
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 35 thousand (Native Currency: USD 35,000)
Reason: - Owner is planning on having a baby before it's too late, so need to reduce the workload. Owner als... View More
Includes physical assets worth USD 15 thousand
Documents
Business Overview

- More than 3-year-old creative & cozy cocktail bar and restaurant which offers special menus (self-made and signatures/classics).

- Top rated in Da Nang on all social media sites and Google, also famous among both locals, expats, and tourists.

- Capability: Maximum of 40 seats, 60-80 standing guests. Offers different seating experience, from couple to big group, in-door and out-door.

- We receive 50-60 walk-ins per day and the lowest ever walk-in is 30 per day.

- Operational timing is 4 pm to midnight.

- Signature cocktails are all created by world-class mixologist and won 8 awards throughout the years (On average, we sell 30-40 signature cocktails/night).

- Staff growth from 4 members to 8 members. Monthly profit growth from $1,220 2 years back to $3,842 last year.

- Lowest employees turnover in Da Nang (all employees have been working with us at least for 2 years).

- We are also famous as The Artistic Playground of Da Nang, where all the local artists and country famous underground artist frequent as guests and as performers.

- Host of artistic events: Art exposition, art workshops, performers' debut.

- Business also has a perfect CSR image among Da Nang community.

- Registered as a local business, so we only need to pay a concrete tax of $20/month, instead of tax based on revenue.

- Empty top floor available for further expansion.

Products & Services Overview

Veg and non-veg food, signature cocktails, classic cocktails, customer self-made drinks, fondue, snacks, cakes.

Assets Overview

All bar equipment & ingredients, fridge, dishwasher, utensils, AC, lighting, decors, tables, chairs, facilities that are linked with the bar operations, brand name, signs.

Facilities Overview

- Total area: In-door 75 sq m (807 sq ft), sidewalk, empty top floor.

- 5 years rental contract ($477/month).

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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