Restaurant for takeover in Vientiane – with place to live in town July 10, 2010 at 12:58 pm
Running Restaurant & Bar in Vientiane for sale into ongoing lease contract. Business sale with great
opportunities…
Restaurant & Bar in superb city center location in major tourist centers in Laos, Vientiane.
Be informed that only the Vientiane branch is for sale!!
The main street access is part of the outstanding success of this renowned restaurant and both locations certainly benefits from constant foot traffic as well as a great choice on the menu. Both places have during the past years received a wide range of international recognition in travel publications, forums and magazines. Both places in both cities are rated to be some of the best in their class providing food and drinks mornings till late. The popular menu consists of a finely balanced mix of Lao and International and much praised European favorites, which leads to busy trade all year round. The businesses are only sold together and offer a great chance to set a new owner up into business in two cities at the same time!
The well trained expert chefs and employees that have been in place for many years can be trusted to perform their duties to a high standard with the owners visiting both locations in regular schedules. The center of life for a new owner can be chosen or set up in both places. The Luang Prabang location includes a well decorated and fully furnished living area in the old Wolrd Heritage Center of Luang Prabang.
“Lifestyle” should be one of the motivations for prospective investors, the owner feels, and the restaurant would therefore suit a retiree looking to enjoy the good and easy going life in Laos, a young chef who’s saved enough to start out on his own or a couple looking for a new venture knowing that regular travels are required between Luang Prabang and Vientiane.
In short, both restaurants a great middle class fine dining venues catering to a mainly traveling crowd of European
tourists and resident Expat clientèle at the same time. There are only three low months, in May, June and September. Being a seasonal business at least in Luang Prabang, most of the cash flow is earned during the high season months, however both restaurant are open and profitable all year round. Yearly reports are available with clear book keeping for the past years.
The Businesses are easy to transfer to a new owner and bring other benefits such as Business Visa allowance, Foreign Investment License, Lao ID valid for all family members.
Please ask us for more information