(UPDATE! The owner has now decided to sell the business in its entirety, as the project has become too large for him to handle. The entire company can now be acquired for 20,000,000 baht). This already successful Jewellery Manufacturer is seeking to expand its export operations, and is therefore seeking a joint partner to further those aims. A range of gold and silver items have been produced from the company headquarters in central Bangkok for nine years now, and a very extensive customer base has been built up, largely in Europe. The factory space measures 727 square metres, and is handily placed for transportation needs. In the last financial year receipts of 24,000,000 baht yielded net profits of 3,140,000 baht, and the owner foresees great potential to increase these figures enormously as the company rapidly expands. The operation is growing too big for him to manage on his own, and if no joint partner were to be forthcoming he would seriously consider offers for a complete buyout. The company rents the premises in which it is based, on a rolling annual lease contract, with monthly rent and service fees totalling 84,542 baht (key money amounting to 112,000 baht is applicable at each lease renewal). A large workforce is needed due to the scale of operations, and 30 full time employees are currently retained, with the wage bill totalling 420,000 baht per month. There are very valuable assets to acquire including manufacturing equipment, computer equipment and a vehicle; these have been valued at 16,000,000 baht.
Asking Price $500,000
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