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Sunbelt Asia

High Quality Leather Goods Manufacturing And Exporting Business For Sale

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This high quality leather goods manufacturer and exporter is located in the Bangkok outskirts and has built up a solid reputation over the 26 past years of operation. As the owner ages and faces fierce competition from India and China, he feels that a younger, more entrepreneurial minded partner would be more suitable to hand the wheel and steer the company up to the right direction.

The business exports between 22 to 24 million Baht with current existing orders of 4 million Baht. Orders come in on a regular basis week after week. The rent is 140,000 Baht per month for the 1,100 sqm factory on 2 floors, with an underlying 3-year lease of the land. The company currently employs 45 full time staff, with a total payroll of 580,000 Baht. The machinery and stock value is currently at 7,000,000 Baht.

A partner with experience and vision in marketing is sought to assist in sourcing buyers for the company's premium products as well as improving sales figures on the local market and creating a stronger brand name. With an investment of 3.5 million baht a partner can step into the business and for 6.5 million Baht he can take it over 100%. The current owner agrees to advise the investor for an agreed period of time. Although the business is listed for sale at assets value, complete financial details will be shown by owner to a genuine interested person.

Asking Price for a full take-over: 6,500,000 Baht



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