This oil & gas support services company is located on 4.5 rai of land owned by the company in a key location in Rayong. Near U-Tapao Airport, Sattahip port and Maptaphut Industrial Estate, it is right next to the new express way being built to the Eastern Economic Corridor.
Fully licensed, it holds a Factory License as well as a rare license for the storage and recycling of waste streams, ISO 14001 certified for the disposal of non-hazardous and hazardous waste, this is a turn key business built up by the owner since 2006. The business provides support services to the oil and gas sector in Thailand and across South East Asia. There are contracts with the company valued at 20 million baht and the fully equipped factory also has a large office site, and all major equipment needed for the business.
The factory, equipment, and land were recently valued at between 65-95 million baht. There are 17 employees with a monthly payroll of 425,000 baht. The company saw 20 million baht in revenues last year and the paid up capital in the business is 36 million baht.
The owner has been running this turn-key business for the past 12 years, building up contracts and developing a reputation as a leading services supplier but is ready to retire and so is selling the business.
ASKING PRICE: 75 million baht
Contact Sunbelt Asia for more information at +66 (0)2-642-0213-5