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Antiques Company for Sale in Chon Buri, Thailand

Auction house that sells approximately 600 products during the week.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 500 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 22 %
Industries Antiques
Locations  Chon Buri
Local Time 6:33 AM Asia / Bangkok
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 220 thousand (Native Currency: THB 8,000,000)
Reason: Retirement of principal who is 78 years old.
Includes physical assets worth USD 27 thousand
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Business Overview

- An established Thailand based auction house with great growth potential to expand across Thailand either by franchise or with our own on line bidding system.

- The owner is an experienced auctioneer with over 25 years working in this industry in Wales.

- We focus mainly on selling antiques, furniture, ceramics, motor vehicles, properties and household furniture.

- Products are purchased from the general public who bring in products that they would like to sell at our auctions.

- We also receive products from dealers from Europe, storage facilities whose tenants have not claimed their products and from other sources.

- Our business charges a 25% commission on the sale price - 10% from the buyer and 15% from the seller.

- New products are evaluated and then posted on our website along with the minimum bid price. Buyers can then bid and purchase the products through the website.

- We also hold an auction, once every week to sell the products that have not been sold through the website along with other new items.

- Approximately 450 products are sold under the hammer during these auctions.

- On other days, approximately 20 products are sold through the website.

- Sale would include entire business and physical assets.

Products & Services Overview

We sell a variety of products such as - antiques, collectables, furniture, vehicles and properties.

Assets Overview

All equipment including our bid online system, inventory and interior setup.

Facilities Overview

100 Sq. Meters leasehold premises but can be easily relocated.

Capitalization Overview
Not Disclosed
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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