Nightclub Investment Opportunity in Ho Chi Minh City, Vietnam

Beer and mixed drinks sold at the bar are the top-selling products. The lease agreement of 10 years with the venue ready to operate. Sound system (NAV = 0), light system (NAV = 0). The company only has small bar equipment and fridges. We built the venue from the ground up in 2018 on a 400m2 land, with 200m2 constructible. It has a 200m2 courtyard, and 200m2 footed 3 storey venue. (Ground floor with lounge bar area, 1st floor with club room, rooftop). The lease is 10 years long, 7 years in with an option to extend to 15 years. The rent for the land is 3000usd per month + 10% tax. The business has currently no long-term debt, and 3k USD short-term debt to the tax authority (property tax of the latest year). It is family-owned, with no bank debt, only equity. The shareholders are the promoter's wife and mother (33% each) + promoter (32%) and 1% owned by a local friend. The equity on the business licence is 8,6bn VND.