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

Garment Factory

140 000 000
UPDATE! The owner has decided to significantly reduce the required investment amount by 35,000,000 baht. This factory can now be acquired for only 140,000,000 baht, instead of the original 175,000,000 baht.

BKK11356YS - This Bangkok Garment Factory has been active since 1999, and manufactures ladies apparel, clothing for children and sportswear, all of which is for the domestic and international markets. Product lines from several leading global brands with household names are created here, and annual profits of 15,250,000 baht are being earned, from receipts of 305,000,000 baht. The factory is available as a freehold investment, with 6,300 square metres of land valued at 56,000,000 baht, and a 5,000 square metre factory building worth 19,000,000 baht. All operating machinery is included, and these assets have been valued at 50,000,000 baht; there is also a 10,000,000 baht electrical system in place. Therefore there are total assets of 135,000,000 baht to acquire, plus goodwill. This means that the business is available for around three times earnings which represents tremendous value for a concern like this. The company is well organised, with a good reputation, an excellent management and a quality workforce. Recently the focus has shifted predominantly to the domestic market, as the firm has secured a lucrative contract with a leading Department Store chain. The owner is struggling to meet demands, and this has led to financial constraints as he meets orders while waiting for accounts to be paid; this has led him to reluctantly offer the business for sale. There is obviously a large workforce required here, and 500 employees are paid a total monthly payroll of 3,800,000 baht.


Annual revenue 305,000,000 Baht ($7,625,000)

Annual Owner's benefit (earnings before taxes and depreciation) 15,250,000 Baht ($381,250)

Furniture, Fixtures & Equipment included in the Investment Price 160,000,000 Baht ($4,000,000)

Your Total Investment to own this business 140,000,000

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