Jewelry Store for Sale in Bangkok, Thailand
For Sale: 37-year-old wholesale gemstone and retail jewelry business with VAT privileges on importing gemstones.
Premium Plan
| Established | 40-50 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 190 thousand |
| Run Rate Sales | USD 560 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Jewelry Stores |
| Locations | Bangkok |
| Local Time | 2:25 PM Asia / Bangkok |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
4.1 million
(Native Currency: THB 132,000,000)
Reason: The biggest shareholder wishes to retire.
Business is valued as per the value of the inventory. We ...
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Includes physical assets worth
USD
4.1 million
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Business Overview
- Wholesaler and retailer of gemstones and jewelry.
- We have longstanding worldwide connections in the industry and have a very desirable retail space in the premier Jewelry Trade Center in Bangkok.
- We receive high footfall of tourists due to the prime location of our store.
- We have built an extensive network of wholesale buyers over the last 37 years.
- No bank loans taken by the company.
- Pre-Covid annual revenue was THB 22 million, which dropped to 5-6 million during the pandemic and is resurging now to its previous levels.
- Buyer will get the legal entity, brand name, inventory, lease, goodwill, and zero VAT privileges.
- The business has seven shareholders, with the biggest shareholder owning 45% of the company.
- We have longstanding worldwide connections in the industry and have a very desirable retail space in the premier Jewelry Trade Center in Bangkok.
- We receive high footfall of tourists due to the prime location of our store.
- We have built an extensive network of wholesale buyers over the last 37 years.
- No bank loans taken by the company.
- Pre-Covid annual revenue was THB 22 million, which dropped to 5-6 million during the pandemic and is resurging now to its previous levels.
- Buyer will get the legal entity, brand name, inventory, lease, goodwill, and zero VAT privileges.
- The business has seven shareholders, with the biggest shareholder owning 45% of the company.
Products & Services Overview
Colored gemstones, primarily rubies, sapphires, tanzanites, tourmalines, and a collection of 18 ct jewelry.
Assets Overview
Tangible assets - Gemstone and jewelry inventory worth THB 132 million.Intangible assets -1-year revolving lease in a most desirable location, zero VAT privileges for the import of gemstones, and 37 years of goodwill.
Facilities Overview
We are on the ground floor of the main wholesale gemstone 52-story building on Silom road in Bangkok. The shop is leased and has an area of 63 sq. m.
Capitalization Overview
Self funding with no outstanding debts. There are seven shareholders as per Thai government requirements, with one work permit available.
Recent Activity
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Earlier than 15 daysGeneral Manager, Pattaya, Business Broker connected with the Business
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Earlier than 15 daysCEO Assistant, Singapore, Financial Consultant connected with the Business
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Earlier than 15 daysManager, General Business, Singapore, Individual Investor / Buyer connected with the Business
Tags:
Jewellery Shop for Sale in Bangkok, Thailand
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·Jewelry Store for Sale in Bangkok, Thailand
·Purchase Jewelry Store in Bangkok, Thailand
·Buy Jewellery Shop in Bangkok, Thailand
·Buy Jewelry Store in Bangkok, Thailand
·Jewellery Shop for Sale
·Jewelry Store for Sale
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