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Asian Home Decor Exporter For Sale |
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Business Location: Country / City, |
Thailand / Bangkok |
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Business type: |
Home and Office Furniture |
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Years in Business: |
2003 |
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Years with Current Owner: |
5 |
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Number of employees: |
22 |
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Lease / Real Estate Information |
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Monthly Rental: |
60,000 Baht |
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Size in Square Meters: |
500 |
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Parking: |
0 |
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Hours / Days Open: |
08h30 - 17h30/ 7 day |
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Annual revenue: |
39,000,000 Baht |
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Annual Profit: |
9,000,000 Baht |
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Monthly Rental: |
60,000 Baht |
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Monthly Payroll: |
300,000 Baht |
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Real Estate Included: |
No |
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Real Estate Available: |
No |
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Required Licenses: |
Yes |
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FF&E Included: |
see appendix1 |
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Asking Price: |
35,000,000 Baht |
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Owner feel this business has been built to a level that it can sustain itself and grow conservatively by 20% in 2008 with more possible if new owner has additional sales channel and/or focuses more time on the business.
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EBT1012 - Now successfully operating for four years, this profitable exporter of home décor items has grown by at least 50% year on year since inception and has just been made available for acquisition. The excellent growth and financial performance is due to many factors including very attractive products with wide appeal, a very well-trained and capable team of staff, and an intuitive sales system that has been customized to allow the company to efficiently sell and deliver products to their many buyers. Originally sourcing products from northern Thailand, the company has now shifted all sourcing to Vietnam due to the lower costs and higher quality available, however, operations are run out of their Bangkok office/showroom. Currently there are 22 full-time staff employed by the company, two of them in Vietnam, who collectively make up a monthly payroll US$8,000. The company undertakes numerous sales activities with 3 main trade fairs giving the company excellent exposure to buyers and ultimately resulting in the bulk of the sales over time. A fully functional and search-engine optimized website is maintained which showcases all product ranges and generates sales inquiries for the company as well. As the owner has now built this business to a level where his company is well known and well organized, generates recurring orders from numerous regular buyers, and is highly profitable year after year, he feels that the business is a very attractive acquisition prospect for anyone looking for a growing company with excellent supply channels, an existing customer base, and unlimited future potential. Seeing as 2008 financial results produced total sales of US$1,100,000 and a total net profit of $250,000, this excellent offering is very well priced at $1,000,000. The current owner will offer full training to a new buyer as well as even allow the business to continue operating from its Bangkok Showroom for a minimum period of six months. An opportunity to own an attractive, well organized and managed, and profitable business like this does not arise often, so potential buyers are urged to register their interest by contacting Elite Business Group as soon as possible.
Total investment: 35,000,000 Baht
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