Established Chonburi Air-Conditioning Factory

[Sunbelt Asia]

A multi-million dollar factory and operating system, established in 1997 and under the full operation of an Australian owner, spans over a land area of approximately 6,000 sq meters. The factory, a main producer for air pumps, heating systems, pool heaters, and tank units alike, export these said products to a wide range of countries shrouded by cold weather or service facilities in countries with hot climates; from Scandinavian counties to Singapore, Philippines, and Indonesia.

What sets this company apart from other electronic manufacturers is the specialization of the products to meet the unique needs of each consumer, assuring them a full guaranteed satisfaction with their product. Due to rapid growth of the company, the factory has slowly evolved from being heavy in human labor to heavy in capital labor, with new and up-to-date machinery and sheeting equipment. Within the factory duties itself, it canopies a large spectrum of mechanical processing, from imprinting metal sheets to testing equipment in cold storage rooms that are able to drop room temperature to -8 degrees Celsius.

As there has been a temporary stall with financial situations in Europe, the company has been affected with the flow of stock, and now contains roughly 30 million baht worth of unmoved stock being held in the factory. Along with a 60 million baht inventory count, 18 million baht capital, and 8 million baht given as director’s loan, this leaves the company asset value to be quite high.

Aside from being a BOI company with 30 loyal full time employees and regular buyers, the previous owner has made all payments for the factory already. Also, the factory comes with full ownership of the land, plotted in a safe and secure neighborhood of a convenient countryside, leaving the future factory owner void of leases or future mortgage payments, which are needed for other factories based on leased land. As the present director in charge desires to change his career path, he wishes to leave this full functioning and profitable company within the hands of a new owner who is able to mold life back into the factory, and make it as exponentially successful as it is and has been, just in time with the receding of the local and global recession and a brighter, more stable economy.

Asking price 125,000,000 baht.

BKK14385

[sunbelt][/sunbelt]