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   Date    Header Price  
-- Business-other -- Bangkok and Vicinities -- Bangkok -- --   GE Edit
21/05/2006

Garment Factory, city of Mae Sot

19 000 000
BKK11384GW - The charming city of Mae Sot, in the West of Thailand, close to the Myanmar border, is the setting for this Garment Factory and 21 room Apartment Block. The freehold sale includes 20 rai of land (32,000 square metres) that has been valued at 8,000,000 baht. The buildings to be acquired consist of the single storey factory, measuring 350 square metres, the two level apartment block, with total floor space of 400 square metres, two houses and two staff houses; the total value of these buildings has been put at 12,000,000 baht. The location is very serene, with hundreds of teak trees on the large estate and parking for 100 cars. The owner established the businesses six years ago, but wishes to move on due to other business interests. The apartment block operates on 100% occupancy rates, and the two businesses combined produce annual profits of 2,200,000 baht, from receipts of 3,600,000 baht. There are eight full time employees with a total monthly payroll of 70,000 baht; a further 40 part time employees can be called upon, depending on production schedules. An attractive asking price has been set, and the new owner can acquire all of the above for less than the freehold value; the profitable businesses and associated assets are then pure bonuses.


Annual revenue 3,600,000 Baht ($90,000)

Annual Owner's benefit (earnings before taxes and depreciation) 2,200,000 Baht ($55,000)

Furniture, Fixtures & Equipment included in the Investment Price 10,000,000 Baht ($250,000)

Your Total Investment to own this business 19,000,000

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