Boi (Board Of Investment)

[SunbeltAsiaAdvisor]

BOI (Board of Investment)

Location: Koh Samui

Listing ID# BKK14040

20,000,000THB

BUSINESS SUMMARY

This BOI (Board of Investment) approved Call Centre acts for the online retail arm of a highly respected UK company that has been profitable for over 10 years. As there is no stock, no warehouse, no retail shop or staff in the UK to worry about, prices offered are hard to beat; the company is therefore very successful. All advertising is done online and the administration, call centre activities, order processing, accounting and IT is done from offices on Koh Samui. The BOI approval allows the company to employ as many non-natives as they want, and the workforce of 15 staff members is therefore predominantly foreign.

When a customer purchases online, a call centre representative contacts the manufacturer’s wholesaler to assure stock, process the order through a comprehensive back end software system, and the customer receives the goods direct to their door the next business day, while fully automated emails and SMS messages let them know their order status.

The UK Limited Company has complete adherence to the auditing and taxation principles of the UK, and is included in the sale. All stock is bought and sold in the UK. A specialist software development outsource company constantly develops the website to maintain a competitive edge. Although the call centre is well established on Koh Samui, it could quite feasibly be relocated to any part of the country. The proposed business transfer has only arisen due to the owner’s wish to develop unrelated business opportunities.

The new owner does not need experience in either websites or retail as all employees are supervised by two very experienced senior managers.

In 2009 sales of £11,000,000 (517,000,000 baht) were achieved; fully audited accounts detailing significant net profits will be made available for perusal. This is a substantial business opportunity, and the owner is therefore only looking to talk with seriously interested parties with immediately available capital who also have the drive and ambition to maintain the highly successful enterprise. Asking price: £450,000, or 20,000,000 baht.

[sunbelt][/sunbelt]