Jewelry Factory – Bangkok

  • $501,920
Featured Sale
Bangkok, Thailand, Bangkok, Thailand, Bangkok
  • Commercial
  • Property Type
Featured Sale

Jewelry Factory – Bangkok

Bangkok, Thailand, Bangkok, Thailand, Bangkok
  • $501,920

Description

Take advantage of Thailand’s premier reputation for high quality gemstones and jewelry design with this long-running jewelry factory in Bangkok. The business exports gold and silver jewelry and gemstone jewelry to the EU and the US, nearly 95 percent of its product are exported. The factory, which was established in 1994 has a team of loyal, well-trained and experienced staff who will stay on. The factory, which is set in 600sqm 5 story shophouse, has the capacity to produce 12,000 pieces a month and is currently running at only 6,000 pieces, showing a huge potential to double sales.

With a good reputation and a huge database of customers the business saw sales reach 24 million last year with a profit of around 15 – 20 percent. There are 35 full time employees with a total monthly payroll o f 450,000 baht. There are more than 400,000 3D designs on file, valued at $1 per file and inventory valued at 5.5 million baht, both are included in the sale.

The sale includes all design files, customer database, and inventory 7,000,000 baht., a Thai company with 12 million baht in registered capital. There are currently four foreigners working full-time with work permits. The owner is moving back to his home country for family reasons and so is looking to sell this business that has huge growth potential.

ASKING PRICE: 12 million baht

 

 

 

Contact Sunbelt Asia for more information at +66 (0)2-642-0213-5

Details

Updated on February 1, 2019 at 3:02 pm
  • Price: $501,920
  • Property Type: Commercial
  • Property Status: Sale
  • Address Bangkok, Thailand
  • City Bangkok

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