Category: Business & Commercial: Business for SALE
Location: Bangkok, Bangkok
Posted by: Banko
Phone: [Only for registered users]
Posted on: Apr 6th 2017 (expires in 27 days )
Price: THB 3,500,000
With a thriving top-rated Ebay store and a long-running online Brand presence, this Jade-Carving business is a turn-key ready opportunity for someone looking for a creative online business. It includes long-term contracts with seven master carving factories in Mae Sai on the Burma border to ensure a steady supply of high quality jade products. The owner will assist in transitioning the business for a short period after settlement, if required
There is extensive equity, with hundreds of exquisite jade and gemstone carvings, rough jade and a priceless 67 kilogram Lavender-Jade boulder. Inventory is valued at over 13.6 million baht.
The business is currently located in Bangkok for ease of shipment and distribution.
Now, rent on the premises is only 10,000 baht a month. But a new lease will need to be negotiated with the landlord.
Last year, Jade-Carvings produced sales of 4 Million Thai Baht, with a profit of 1 Million Thai Baht.
The Brand name is registered in Thailand, but was never used to officially operate the Thai company. So, the new owner will need to open their own limited company, which is more desirable to ensure there are no liens on the business.
The owner has been running this business for the past 18 years, but is selling for health reasons and to retire. So, he is closing out his business by setting the price at only 3.5 million baht for a quick sale.