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Profitable Petroleum Product Company for Sale in Chon Buri, Thailand

For Sale: Industrial distributor with key strength in Oil & Gas.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 3 million
Run Rate Sales USD 4.1 million
EBITDA Margin 20 %
Industries Petroleum Product
Locations  Chon Buri
Local Time 10:16 AM Asia / Bangkok
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 7 million (Native Currency: THB 228,000,000)
Reason: - The current owners are the founders of the company and have been working very hard since an early ... View More
Includes physical assets worth USD 2.17 million
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Business Overview
- A supplier of consumables and materials to the Oil & gas industry and related industries.
- We have both OEM and ODM manufactured own-brand products, represent other brands as agents or distributors in our market, and do sourcing and selling on request.
- The business has an active customer base of 152 customers (has been ordering within the past 12 months) with many of these and particularly the larger companies we are also registered on their AVL (approved vendors list).
- Many of the customers have allocated the business access to its purchasing portals such as SAP, where RFQs are placed and approved vendors automatically are alerted to login and place bids. For others, we receive email requests, and to lesser extent phone calls or line messages.
- Thailand and the region are now at the start of a super-cycle for which we are well prepared (more info available in the business prospectus)
- The business has two entities (Thailand and offshore) and this sale is for the two entities sold together, the two entities are set up to work together in the Thailand market and in the international market for the best efficiency and profit.
- The current monthly sales mentioned are the average of all the months to date but the revenue will increase in the coming months, past two years saw revenue increase of 50% and 38% annually.
- Since the business is run for 20 years, we have streamlined the process which does not have many employees.
Products & Services Overview
One-stop-shop for chemicals, oils & lubricants, safety & PPE, and general supplies to mainly multinational offshore contractors operating in Thailand and regionally.
Assets Overview
Tangible:
3 pick-up trucks fully paid, 1 SUV paid to 70%, 1 forklift 2.5T, 1 super suction pump, goods inventory, office furniture, computers, etc.
Intangible:
Market share, marketing contacts lists, brand and company recognition, AVL listings, supplier network, customer network, website, banking structure domestically and internationally, highly developed and structured ISO-based management system, bespoke developed ERP software.
Facilities Overview
HQ is located in Thailand's eastern seaboard, and buildings are owned by one of the owners and are then rented by the company. This rental contract will remain in force after the change of ownership and the current owners have no other plans for this base and welcome long-term extension. This base, both office space, yard, and warehouse have room for future growth.
The southern base is rented from a major industrial logistics company. The office and PPE warehouse are located together and fully controlled by us. The heavy warehouse is rented by m2 and can easily be expanded if growth requires by renting more floor area, we have been in this base for about 5 years and have a good relationship with the landlord. Rental forklifts are available for an hour base here that we use.
Capitalization Overview
- Both entities in this sale, shall be considered as group sales, and are owned by the same family.
- The businesses are debt free with the exception of current AP debt (ongoing purchases on credit).
Recent Activity
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1 Buyer contacted this Business this week. 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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