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Furniture Company for Sale in Samut Sakhon, Thailand

Thailand-based vertically integrated interior manufacturing business offered for full sale due to promoter retirement.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 1.53 million
Run Rate Sales USD 1.53 million
EBITDA Margin 19 %
Industries Furniture
Locations  Samut Sakhon
Local Time 5:08 AM Asia / Bangkok
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.55 million (Native Currency: THB 80,000,000)
Reason: The sale is driven by promoter retirement and succession planning, not by any operational or financi... View More
Includes physical assets worth USD 1.31 million
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Business Overview
- Vertically integrated manufacturer of premium, fully customized interior solutions serving high-end commercial projects.
- Operates on a strict B2B model, working closely with contractors, architects, and interior designers who control project specifications.
- Serves a diversified client base of approximately 500 customers, including projects for publicly listed technology companies, hospitals, and luxury hotels.
- Core strength lies in the “specification-driven” sales strategy, where products are specified in the Bill of Quantities (BOQ), creating highly defensible and repeatable revenue.
- Maintains a strong project conversion rate of over 60%, reflecting deep market positioning and differentiated capabilities.
- Offers end-to-end vertical integration covering in-house design, manufacturing, technical support, and installation.
- Specialized in custom manufacturing using metal, stone, and wood, enabling high margins and premium pricing.
- Supported by a stable workforce of around 55 employees with low attrition, preserving technical know-how and execution capability.
- The business has a long operational track record, originally established as an overseas expansion bringing international standards to the local market.
- The business operates with a valid business registration certificate.
Products & Services Overview
Custom-designed and manufactured metal, stone, and wood interior solutions supplied to contractors, architects, and interior designers for premium commercial projects.

2. Target market and clientele.
- The business operates on a strict B2B (business-to-business) model.
- Primary customers: Contractors, architects, and interior designers.
- End users (projects): Large-scale, high-end projects, including publicly listed technology companies, hospitals, and hotels.
- Customer base: A portfolio of approximately 500 customers, encompassing a deeply entrenched network of interior designers.

3. Usage & sales model.
The company generates revenue not by selling individual units via retail, but by getting specified into large construction and renovation projects.
- The spec strategy: The products are used by getting listed in the Bill of Quantities (BOQ) by architects and designers.
- Usage context: These products are integrated into high-end interior designs where customization is mandatory (premium segment).

Sales cycle:
1. Designers/architects specify custom metal/stone/wood work for a project.
2. This creates a stable sales pipeline with a > 60% win rate.
3. Financial mechanics: 90-95% of sales are Cash on Delivery (COD) with a 40% upfront deposit, effectively negative working capital for the operator.
Assets Overview
Assets include owned real estate valued at THB 23 million, inventory, and machinery valued at about THB 18 million as tangible assets, along with intellectual property, digital assets, customer relationships, and operational infrastructure as intangible assets.
Facilities Overview
Operates from an owned factory facility spread across approximately 4,000 sq. meters.
Capitalization Overview
The company has three shareholders and is promoter-funded; details of any existing loans will be disclosed upon serious buyer introduction.
Recent Activity
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3 Buyers contacted this Business this month. Register below to connect now!
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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