Distribution Company In Bangkok

[SunbeltAsiaAdvisor]

Distribution Company

Location: Bangkok

Listing ID# BKK14124

Price: 4,400,000THB

BUSINESS SUMMARY

Owner relocation forces the owner of 39 percent of the shares in this Technology Distribution Company to look to sell his stake. An investor fluent in English is sought to take on the role of managing director and maintain the relationship with the parent company in the USA. The Thailand based arm of the company was established in 1993, and is currently earning annual net profits of approximately 2,300,000 baht. This is the figure left all operational costs are deducted from receipts that are totalling roughly 10,500,000 baht.

The company is based in a 100 square metre office on the second floor of an office building in Bangkok, where monthly rent of 22,000 baht is payable. A greater stake in the company can be purchased if required, as the Technical Director is prepared to sell his stake in the company (around five percent of shares). The company aims include vanquishing counterfeit card fraud, protecting and authenticating cards at the point of swipe and providing security solutions for the past, present and future. Asking price for 39 percent: 4,400,000 baht.

[sunbelt][/sunbelt]