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Newly Established Cafe for Sale in Ho Chi Minh City, Vietnam

Cozy rooftop café with an average daily footfall of 5-8 people, offering signature drinks.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 4 - 5 thousand
Run Rate Sales USD 4.7 thousand
EBITDA Margin Operating at loss
Industries Cafes
Locations  Ho Chi Minh City
Local Time 9:43 PM Asia / Ho Chi Minh
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 7 thousand (Native Currency: VND 180,000,000)
Reason: Due to personal circumstances and lack of time and dedication to the business.
Includes physical assets worth USD 7 thousand
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Business Overview

- We see an average footfall of about 5 people on weekdays.

- The number of customers on weekends increase to about 8 people.

- We serve drinks that include cocktail, mocktail, juice and snacks.

- The business is currently running at a loss as the owner is not able to devote enough time to the business due to other commitments.

Products & Services Overview

- Signature drinks: Mocktail pina colada, cocktail cowboy colada.

- Popular snacks: Smoked goose, sweet potato crisps.

Assets Overview

Intangible assets:

- I will provide guidance and hand over all operating procedures, including ingredient sourcing, to ensure a smooth transition before and after the transfer.

- The business has been operating since July 2023 and was rebranded earlier this year. It has a presence on Google Business and Facebook.

- The selling price includes the deposit for the business premise (33M VND).

Tangible assets:

- The furniture and equipment of the bar.

Facilities Overview

- The bar is situated on the rooftop of the Aloha building, which houses both short-term and long-term tenants and office spaces.

- Currently, the bar operates as a cafe bar during the evenings.

- The bar currently has two employees, one full-time (bar manager) and one part-time. The current manager is fully capable of handling all aspects of the bar's operations without the need for the owner's presence or assistance.

Monthly expenses:

- Monthly rent: 11.5 million VND.

- Electricity and water: 1.7 million VND.

- Total monthly staff salary: 7.4 million VND.

Capitalization Overview

Fund comes solely from the owner (100% owned by one person). There is no other stakeholder. We do not have any debt.

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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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