Manufacturing And Distribution Company

[SunbeltAsiaAdvisor]

Manufacturing and Distribution Company

Location: Udon Thani

Listing ID# BKK13939

Price: 7,000,000THB

BUSINESS SUMMARY

(UPDATE! The asking price has been increased from 5,600,000 baht to 7,000,000 baht, because assets have increased by 4,000,000 baht and sales are up. The addition of a new truck and a screening machine has helped to increase sales in Khon Kaen and to expand sales by 50 percent in Loei and Korat. The owner believes that the new asking price still represents a bargain.)

This Manufacturing and Distribution Company was established in Udon Thani around two years ago. The owner is now looking to sell due to health problems which have forced him to consider retirement. The factory measures one rai (1,600 square metres), sits on land of more than four rai, and incurs monthly rental payments of 10,000 baht. Five full time employees are in place and they earn a total monthly salary of 25,000 baht between them. Two part timers can also be called on when needed.

Operating as a Garden Store, the company also acts as a black soil processor and has an inventory of raw black soil that carries a very high estimated value. A further area measuring six rai could also be acquired on either a freehold or leasehold basis, if required. The company has been expanding by eight percent per month in recent times, and this growth is expected to continue. The owner is willing to accept 4,700,000 baht as an initial investment, with the balance payable interest free over the ensuing 15 years in monthly instalments; he is also prepared to stay on for six months to help the new owner during the handover phase.

New asking price: 7,000,000 baht.

[sunbelt][/sunbelt]