|Business Type||Production and wholesale of Jade sculptures|
|Annual revenue:||1,000,000 Baht|
|Furniture, Fixtures & Equipment
included in the Investment Price:
|Your Total Investment to own this business:||3,500,000 Baht|
|Your Initial Cash Investment Needed:||-6 Baht|
|Inventory included in the Investment Price:||13,629,131 Baht|
With a thriving top-rated Ebay store and a long-running online presence this jade carving business is a turn-key ready opportunity for someone looking for an online business. The company has long-term contracts with seven master carving factories in Mae Sai, Chiang Rai and Chiang Mai to ensure a steady supply of high quality jade products.
There is also a large stock in hand and equipment necessary for in-house polishing and photographing the sculptures. Inventory is valued at over 13.6 million baht and includes large pieces of jadeite in addition to finished sculpture pieces.
The business is currently located in Bangkok for ease of shipment and distribution and rent on the premises is only 10,000 baht a month but the new owner would need to negotiate with the landlord on a new lease. The business has seen annual sales of around 1 million baht with a profit of 250,000 baht. There is one employee with a monthly salary of 35,000 baht. The new owner would need to open their own limited company but this is often desirable so that it is ensured there are no liens on the business.
The owner has been running this business for the past 16 years but wishes to sell to retire and for health reasons and so is setting the price at only 3.5 million baht for a quick sale.
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US Treaty Of Amity
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Closing a Thai Company