(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
You May Also Like
Auto part Manufacturing #220866 posted Jan 26, 2011
- Bangkok, Bangkok, Thailand
(UPDATE! The owner has reduced the asking price from 230,000,000 baht to 190,000,000 baht, as he is keen to enjoy retirement. He will still retain 10% of the shares however, as believes in the company, and wishes to assist the new owner in ongoing operations, thereby maintaining extremely healthy profits)....
Acquisition Opportunity in Ink Jet #456725 posted Oct 26, 2016
- Chennai, Tamil Nadu, India
- Available On Request
A pioneering company in Continuous Ink Jet for Small Character Printing in India, which is managed by seasoned technocrats and highly experienced team of technical service engineers. They are the manufacturer/Exporter of Printers and Inks.
High Profit Traffic Signage and Guardrail Business #449825 posted Jul 19, 2016
- Between $1,000,000 and $2,500,000
Highly Profitable Traffic Signage and Guardrail Manufacturing business for sale. Largest Signage manufacturer in India with latest machines and experienced staff and manpower. 33,000 sq ft factory with 20,000 sq ft covered shed with escorts hydra, trucks, tractors, trailers, small carriers. Latest fully...
Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.