Date | Header | Price | ||
---|---|---|---|---|
-- Business-other -- Northern Region
-- Chiang Mai -- --
![]() | Edit | |||
22/05/2006 | agent, distributing large hardware |
22 000 000 | ||
BKK1810YT - This business acts as an agent, distributing large hardware items in Chiang Mai province, and handling items such as mowing machinery, compressors and water pumps. Repairs are also carried out. Established 25 years ago, the business is housed in a two level building, and has a loyal customer base that has steadily built up. The owner is looking for an investor as he is retiring, and there is nobody in his family that can carry on the enterprise; he is more than willing to help a new owner learn the ropes, and can pass on details of his client listings. Land is included in the offering, and the joint land and building package has been evaluated at 10,000,000 baht. It is rare that a fully equipped turnkey enterprise is available in this region, and the financials are impressive; annual revenues of 30 million baht are producing approximate returns of 20%, or six million baht. This means the business is offered at only two times earnings, which is great value for your investment. Annual revenue 30,000,000 Baht ($750,000) Annual Owner's benefit (earnings before taxes and depreciation) 6,000,000 Baht ($150,000) Furniture, Fixtures & Equipment included in the Investment Price 10,000,000 Baht ($250,000) Your Total Investment to own this business 22,000,000 Your Initial Cash Investment Needed 22,000,000, Baht ($550,000) | ||||
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