| Date | Header | Price | ||
|---|---|---|---|---|
| 24/08/2006 | Furniture Shop (12ft) | - | ||
-- Business-other -- Western Region
-- Phetchaburi -- --
| Edit | |||
| 21/05/2006 | Furniture Showroom in Hua Hin |
50 000 000 | ||
| BKK12168G - This Furniture Showroom sits in Hua Hin. The business only started up 11 months ago, but has brought in net profits of 9,000,000 baht, from receipts of 30,000,000 baht, in the last nine months. These sales are steadily increasing every month, and the owner predicts that annual net profits of 15,000,000 baht will be earned this year, from receipts of around 45,000,000 baht. The concept of the outlet is to sell only quality furniture, using traditional and modern designs utilising only the best wood including teak, mango, bamboo, rubberwood and rosewood, plus the widest range of leather furniture in the region. There is a fully functioning website, and the business will be acquired on a freehold basis; the 1,300 square metre building itself is worth approximately 7,000,000 baht, and sits on 1,500 square metres of land that has been valued at 10,000,000 baht. The company comes with two work permits, as it is a 4,000,000 baht registered company, and a valuable inventory of stock that is currently worth around 9,000,000 baht. The new owner will also acquire assets worth in the region of 9,000,000 baht and these include a brand new Kia delivery truck and computers. The owner is very happy with how the enterprise has panned out so far, but has nevertheless decided to retire, as he is now 55 years of age. Quite simply, he did not realise that the business would be so successful, and that so much work would be required because of this success. There are six full time employees earning a total payroll of 32,000 baht per month, and the enterprise has parking spaces for 20 vehicles. Annual revenue 45,000,000 Baht ($1,125,000) Annual Owner's benefit (earnings before taxes and depreciation) 15,000,000 Baht ($375,000) Furniture, Fixtures & Equipment included in the Investment Price 9,000,000 Baht ($225,000) Your Total Investment to own this business 50,000,000 Your Initial Cash Investment Needed 50,000,000 Baht ($1,250,000) Inventory included in the Investment Price 9,000,000 Baht ($225,000) | ||||
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