Sunbelt Asia Posted December 8, 2012 Share Posted December 8, 2012 This handicraft Chiang Mai business provides sports fishing products and accessories to customers worldwide and has continuously grown for the last 8 years of operations. The company now has a workforce of 30 with a 250,000 baht payroll working on 1,500,000 baht worth of machinery and assets. The A-standard quality and innovative products has made the brand recognized worldwide and so the owner is confident it is now the right moment to place the venture on the market so he can retire. All of the products are handmade within the small factory operation and sold via the internet to wholesale and retail markets worldwide. The exceptional quality of the products ensures customer referrals and a high rate of repeats with signed sales contract forecasting 15-20% sales turnover increase for 2013. Past 12 months sales turnover was in excess of THB 8,000,000 with gross profits averaging 90,000 baht per month. Overheads include payroll and the rent of 15,000 baht for the outer-city operating premises. Stock value is 1,000,000 baht. This is a rare opportunity to acquire a profitable business with fun products and operating on a recession-proof niche market. As the owner is confident in future business expansion he is also considering a shares partnership giving out the controlling interest to a potential investor, while staying on as a consultant. ASKING PRICE for a full take-over: 7,800,000 baht BKK14375 Link to comment Share on other sites More sharing options...
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