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Bangkok Furniture Company available for sale

: Furniture Company in Bangkok :

16,000,000 THB

Listing ID# BKK15796


BUSINESS INFORMATION

Province Bangkok
Country Thailand
Business Type Furniture Company
Business Started 2007
Employees 10 Person

FINANCIAL INFORMATION

Annual revenue: 25,000,000 Baht
Payroll: 250,000 Baht
Furniture, Fixtures & Equipment
included in the Investment Price:
1,000,000 Baht
Your Total Investment to own this business: 16,000,000 Baht
Your Initial Cash Investment Needed: N/A
Inventory included in the Investment Price: 4,000,000 Baht

BUSINESS SUMMARY


This long-running furniture company has been in the business of importing and supplying modern classic furniture and lighting. In addition to a large showroom for retail sales to the public, the business also supplies furniture and lighting to many of the five star hotels, restaurants and property developments. The company is a mature, well-known brand in Thailand and has earned a top reputation in its ten years of business.

The showroom/warehouse/office is in a good location on upper Sukhumvit, the 1200sqm space has a 140,000 baht month a rent and a 6 year lease. There are ten full-time staff with monthly wages of 250,000 baht. There is a large database of active customers and the company is a regular exhibitor at many of the furniture fairs in Thailand.

Sales have reached an average of 25 million baht a year for the past 3 years, with yearly earnings of 5.8 million for the same period. Inventory valued at 4 million baht is included in the sale.

The owner is moving back home and so wishes to sell the business

ASKING PRICE: 16 million baht

For more information please

CONTACT US NOW!


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