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Soft Furnishing Store for Sale in Chiang Mai, Thailand

30 year old import export company with 3-5 B2B clients in America and New Zealand.

Established 30-40 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 49 thousand
Run Rate Sales USD 48 thousand
EBITDA Margin 20 %
Industries Soft Furnishing Stores + 1 more
Locations  Chiang Mai
Local Time 9:00 PM Asia / Bangkok
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.48 million (Native Currency: THB 48,000,000)
Reason: Owner is seeking retirement due to older age and no family to take over and with 30 years of operati... View More
Includes physical assets worth USD 1.45 million
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Business Overview
- Import export company focusing on handcraft wood & ceramic from Thailand & India.
- Business is strategically located on the main road linking Lamphun and Chiang Mai, providing high visibility and easy accessibility.
- Also conveniently situated just 8 minutes away from the new airport, enhancing its attractiveness for potential investors.
- The business procures the products from external manufacturers.
Has 3 to 5 B2B clients which includes retailers and distributors in America and New Zealand.
The business has demonstrated the ability to process large-scale orders of 1-2 containers per client on a quarterly basis.
💼 The property offers a versatile and comprehensive space, including a 2-floor office, a 2-floor viewing gallery, 5 loading bays, storage rooms, a security room, and a connected 2-bedroom house with 3 gardens.
🔖 The meticulous diligence of the current business owners shines through for potential buyers, as they'll inherit over 20 licenses, among which is mainly the import-export license. This allows for a seamless transition and a quick start to any business venture, providing reassurance that all necessary licenses are already secured 📝.
Products & Services Overview
Furnishing, garden decor, home decor pieces made from ceramic, wood, clay.
Procured from manufacturers in Thailand and India and supplied to retailers and distributors in America and New Zealand.
Assets Overview
Physical assets include:
- All stock will be transferred to the new owner worth estimated THB 1,200,000.
- Furnishings in offices and building THB 200,000.
- Other furnishings estimated THB 180,000.
- Land and property is worth THB 48,000,000.
The buyer would obtain over 20+ licenses covering most industries.
Facilities Overview
The facility features:
Total land and property area is 4,859.39 m².
Located on the main road linking Lamphun and Chiang Mai.
- ✨ 🏠 Viewing gallery: A welcoming space with 2 floors and an attic for storage. Includes a kitchen and 2 bathrooms. Adjacent are 2 charming gardens. 🌺
- 🚗 Drive-in entrance: Complete with a security room for added safety and convenience.
- Office building: A 2-floor space with a ground floor housing a drawing room and staffroom/bathrooms, and the first floor featuring a large office room and an ensuite office bedroom.
- 🚛 Loading bay depo: A well-equipped area with 5 loading bays for efficient operations.
- 🔒 Storage lockers: Conveniently located next to the depo for easy access.
- 🏡 Teak wood house: A beautifully designed 2-room house with indoor and outdoor kitchens, a living room, spacious front and back gardens, external storage rooms, and a meditation/library on the second floor.
This can be used as employee quarters or for additional storage.
This property offers a blend of functionality and charm, ideal for various business ventures as well as an on site unique residential space 🏡🌟. .
Capitalization Overview
The business is currently funded by the owner. With no accrued debts.
The company is formed 51% Thai and 49% foreigner owned, following Thai regulations for foreign owners.
Current setup is 1 foreign owner and 2 Thai shareholders.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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1 Buyer already contacted this Business. 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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