How much does it cost to open a cafe in Vietnam?

How can I open a coffee shop in Vietnam?

Opening a Coffee Shop in Vietnam: a Step-by-step Guide

  1. Establish a Legal Entity for Your Coffee Shop. The process of starting a coffee shop is a little more difficult for foreigners compared to the locals. …
  2. Obtain the Food Safety Certification. …
  3. Take Care of Other Legal Details.

How much money do I need to open a cafe?

A sit-down coffee shop typically costs between $200,000 and $375,000 to set up. A large drive-through shop can cost between $80,000 and $200,000. A small kiosk may cost between $25,000 and $75,000. A franchised sit-down coffee shop can cost up to $673,700.

How much does it cost to start a restaurant in Vietnam?

The capital in the food and beverage industry, like a restaurant, should be around USD 20,000. The location of the restaurant plays a huge role in the costs of this kind of business. You must consider the location rental fee for your restaurant.

How much does it cost to start a business in Vietnam?

Fees

Different Vietnam entity types Cost Draft Invoice
Professional services LLC US$20,740 View invoice PDF
Trading and distribution LLC US$25,740 View invoice PDF
Manufacturing LLC US$37,275 View invoice PDF
Locally-owned LLC US$13,860 View invoice PDF
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How much does it cost to open a coffee shop in Vietnam?

Each takeaway coffee shop has an area of 4 – 40 square meters, and costs between VND65 million ($2,800) and VND175 million ($7,540) to set up, said Vo Thi Ha Giang, Director of Communications at Trung Nguyen Group.

How many coffee shops are there in Vietnam?

Meanwhile, there were around 294 coffee chain shops in other cities apart from Ha Noi and Ho Chi Minh City.

Number of coffee chain stores in Vietnam in 2021, by city.

Characteristic Number of stores

Is owning a cafe profitable?

Gross margins for cafes run as high as 85 percent, but small coffee shops tend to have average operating income of just 2.5 percent of gross sales. Despite the financial hurdles, if you open a coffee shop, you may find yourself doing work you love and creating a gathering space that’s a focal point for your community.

How much does it cost to start a small coffee shop?

The average brick-and-mortar coffee shop can cost between $25,000 and $300,000 to start. However, small coffee businesses like mobile coffee carts and espresso stands typically cost between $16,000 and $25,000 to start.

Can I open a restaurant in Vietnam?

Regulations in Vietnam

For foreigners desire to open companies in the food and beverage sector, they must comply with several laws including the Food Law and the Company Law. … Licenses required for opening a restaurant and food business. Quality and health standards for food products prepared and sold at the restaurant.

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How can I start a restaurant in Vietnam?

HOW TO OPEN A RESTAURANT IN VIETNAM

  1. Choose a Restaurant Concept and Brand. …
  2. Form Your Menu Items. …
  3. Obtain Funding. …
  4. Choose a Location and Lease a Commercial Space. …
  5. Permits and Licenses. …
  6. Source Equipment and Food Suppliers. …
  7. Design a Restaurant Layout. …
  8. Hire the proper Staff: You and remain local Vietnamese staffs will be one team.

Can foreigners start a business in Vietnam?

Foreigners are permitted to own and operate their own businesses in Vietnam, either through indirect or direct foreign investment. … Businesses that are wholly foreign-owned or are participating in joint ventures with a Vietnamese business are considered to be direct foreign investments.