Food Wholesale Company for Sale in Ratchaburi, Thailand
Business for sale: Established tapioca starch company with loyal clients and operational expertise.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 11.4 million |
| Run Rate Sales | USD 11.2 million |
| EBITDA Margin | 3 % |
| Industries | Food Wholesale |
| Locations | Ratchaburi |
| Local Time | 4:09 PM Asia / Bangkok |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
3.7 million
(Native Currency: THB 120,000,000)
Reason: The current CEO and primary shareholder wishes to retire, with his son, who holds the remaining shar...
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Includes physical assets worth
USD
15.5 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Project Teaser
(321.1 KB)
Business Overview
- The business specializes in repackaging food-grade tapioca starch for retail distribution and upgrading native starch into premium food-grade quality.
- The business has over 100 repeat purchasers across diverse food manufacturing verticals.
- Top clients show exceptional loyalty, such as "Glass Noodles Factory" (28 years relationship) and " Rice Vermicelli Food Product" (28 years relationship)
- Synergistic dual-business model:
Model A (Asset-Light Trading): High-volume trading where mills ship directly to customers, keeping overhead low.
Model B (Value-Add Grading): Sourcing, regrading, and repackaging flour at their own facility to capture higher margins.
- (Founder/CEO): Has approximately 32 years of operating history. He possesses a deep practical understanding of trading, logistics, and product quality, transitioning from a successful pepper trading business.
- (GM): Worked as a design engineer for 4 years prior to and currently operates a separate business trading dried cassava pulp.
- Clients: The company enjoys a "sticky" customer base with long-term partnerships. Top clients have been trading with the company for 15–28 years.
- Suppliers: Established a deep-rooted network with major tapioca mills, with some relationships lasting up to 31 years. This ensures priority access to supply even in tight market conditions.
- Halal certificate: Issued by the Central Islamic Council of Thailand (CICOT).
- Export Permit: Issued by the Department of Foreign Trade, Ministry of Commerce.
- Factory Notification Certificate: (Ror. Ngor. 2 / รง. 2).
- Tapioca Association membership: Facilitates export documentation and industry connections.
- The business has over 100 repeat purchasers across diverse food manufacturing verticals.
- Top clients show exceptional loyalty, such as "Glass Noodles Factory" (28 years relationship) and " Rice Vermicelli Food Product" (28 years relationship)
- Synergistic dual-business model:
Model A (Asset-Light Trading): High-volume trading where mills ship directly to customers, keeping overhead low.
Model B (Value-Add Grading): Sourcing, regrading, and repackaging flour at their own facility to capture higher margins.
- (Founder/CEO): Has approximately 32 years of operating history. He possesses a deep practical understanding of trading, logistics, and product quality, transitioning from a successful pepper trading business.
- (GM): Worked as a design engineer for 4 years prior to and currently operates a separate business trading dried cassava pulp.
- Clients: The company enjoys a "sticky" customer base with long-term partnerships. Top clients have been trading with the company for 15–28 years.
- Suppliers: Established a deep-rooted network with major tapioca mills, with some relationships lasting up to 31 years. This ensures priority access to supply even in tight market conditions.
- Halal certificate: Issued by the Central Islamic Council of Thailand (CICOT).
- Export Permit: Issued by the Department of Foreign Trade, Ministry of Commerce.
- Factory Notification Certificate: (Ror. Ngor. 2 / รง. 2).
- Tapioca Association membership: Facilitates export documentation and industry connections.
Products & Services Overview
Grade A starch: The primary revenue driver. It is a premium food-grade starch characterized by high purity, whiteness, and fineness.Grade B starch: The second-best-selling product. It is regraded native tapioca starch processed to match Grade A quality standards.
Repackaging & services: The company provides value-added services by repackaging bulk flour into smaller, market-friendly sizes and managing "last-mile" delivery logistics.
Food manufacturing sector: The largest client base, consisting of noodle factories, sausage manufacturers, and packaged snack producers.
Chemical & recycling sector: Manufacturers of adhesives, biofuels, and bioplastics.
Pulp, Paper & Textiles: Paper mills, corrugated cardboard producers, weaving mills, and dyeing facilities.
Food: Used as a main body ingredient or additive to augment texture, taste, and stickiness in products like noodles, meatballs, and snacks.
Chemicals: Used as a base material for producing glues and industrial adhesives.
Paper & textiles:
Paper: Used as a wet-end additive to increase paper strength and as a sizing agent to improve water resistance and printability.
Textiles: Used for yarn sizing to increase strength and fabric stiffness during the finishing process.
Assets Overview
Tangible assets.Real estate:
Land: A plot measuring 5 Rai, 48.33 square wah (located near the national highway).
Buildings: 3 warehouse buildings (Total area: 5,025 m²), an office building, and processing/packaging facilities.
Fleet & vehicles:
4x forklifts (for material handling).
1x truck loader crane.
1x high-roof pickup truck (Toyota Revo).
Machinery & equipment:
4x sifting machines (for grading).
1x industrial vacuum cleaner.
1x repacking machine.
Quality control equipment: 2x pH meters and related lab tools.
Intangible assets.
Licenses & certifications:
Factory Notification Certificate (Ror. Ngor. 2).
Export Permit (Department of Foreign Trade).
Halal Certificate (CICOT).
Tapioca Association membership.
Business relationships:
Established list of over 100 repeat customers.
Deep-rooted supplier network with priority access to stock.
Brand equity: A 30-year legacy of trust and dominant market position in the trading sector.
Facilities Overview
Built-up storage area: A total of 5,025 m² of dedicated storage space (capacity: ~5,000 tons).Structure: The facility consists of 3 warehouse buildings located on the same site.
Other facilities: The site includes an office, processing and grading areas, packaging zones, and vehicle parking.
Land size: The facility is situated on a land plot of 5 Rai, 48.33 square wah.
Ownership status: The property is not leased; it is currently held by the owner.
Transaction details: The ownership of the land and all buildings is included in the transaction. The buyer will acquire the freehold title as part of the 100% share acquisition.
Capitalization Overview
The business is funded by total liabilities of THB 8.37M, which consist primarily of Accounts Payable (AP).Shareholding structure:
- 70% ownership (founder).
- 30% ownership (son).
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