Distributor Of High End Hair Care Products

This Nonthaburi based company has been importing high end well known brand name haircare products from the United States into Thailand for 5 years with the current owner in place for the past three years. They have a solid customer base that could easily be tripled with a larger sales team.

The business has low overheads, with five employees with a total monthly payroll of 75,000 Baht. Rent on the building is 18,000 Baht a month and although the lease expires at the end of 2011 it is renewable with a 10% increase in the price.The company has seen annual receipts exceed 3 million Baht each year for the past 2 years and they are expected to reach 3.45 million Baht this year. Netprofit stands at around 1.1 to 1.35 million Baht per year. Fixtures and equipment are valued at 50,000 Baht and current inventory at 2.1 million Baht and are included in the sale price as is a Thai Limited Company that iseligible for a work permit.

The current owners find they have no time to grow this business as they have other business interests taking up most of their time and believe that a motivated owner could easily grow this company.

ASKING PRICE: 5.25 millionBaht

(BKK14287)

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Edited September 12, 201114 yr by SunbeltAsiaAdvisor