Listing ID# T02 - 12945
Asking Price:
Under $100K (USD)
Sales Revenue:
Under $100K (USD)
Cash Flow:
Available on request
Location: Samut Prakan, Thailand
Features: This wrought iron business is an authorized distributorship for luxury iron manufactured and supplied from Italy. The business started in 2005 but the owner passed away and the relatives are now seeking to sell the business. It is currently in a company structure, but the company is not included in this offer. When this business operated it had about 25 workers and the monthly payroll about THB 400,000 including management level staff (which the relatives/sellers are willing to introduce to the new owner if required). The current owner is also willing to transfer supplier contacts and distributor details if required as well. The business ceased trading in December 2015, however there are wrought iron stock, machinery, computer and office equipment remaining which are all included with the asking price (an assets list is available). The business was operated from and kept the stock at Samut Prakarn, and the business is being offered with the current rental premises at that location. A new owner however, may choose to relocate the business to an existing or new location if required. The owner states that when business was trading the monthly revenue was approximately THB 500,000 to THB 1,000,000 a month and the net profit was about 30% to 50% of the revenue. This business has potential as it is a niche market and there are only 2 companies in Thailand that have a right to be an authorized dealer for this Italian supplier. A great opportunity for a new start up, but also as a bolt-on to an existing complimentary business.
Tenure: Business Sale and Rent (Leasehold Premises). Period negotiable. Also available for sale without the leased premises
Asking Price: THB 2,000,000
Property information
Real Estate:
Lease
