(UPDATE! The owner states that he is selling this turnkey operation with five salespersons, two office staff and a manager, and that he will pay all staff expenses for the first two months as well as the costs for hiring and replacing western staff with local employees. He will also meet most of the costs for the expansion necessary to reach and maintain a minimum of 400,000 baht in gross sales per month. The new owner will also acquire a certain amount of products, the existing customer base and the set up of provincial outlets. The ideal buyer would be a chemical company that already had premises for mixing other products made from this firm's concentrate. Machinery is not needed, but premises large enough would need to be rented or otherwise acquired in the first month of operation. The asking price remains at 1,000,000 baht, but a lot of this figure will be put back into the company). The owner of this 20 year old Bangkok Distributorship has reached retirement age, and wishes to spend some time travelling. The opportunity has therefore arisen to acquire the business at a bargain price, which has been set at less than annual earnings, as the owner is keen to start his new lifestyle. The company produces liquid industrial strength cleaning solutions, and has built up a list of steady clients that now numbers over 1,000. The successful investor will gain all exclusive sales rights in Thailand, details of the customer base and full training. Financial results for the last year saw receipts of 4,000,000 baht produce net profits of 1,200,000 baht. Large premises are not needed to run this company, just a small storage area for the products. There are three full time employees in place, which is an adequate workforce for the day to day running of the business.

Posted Jan 26, 2011

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