Ice Cream Manufacturer and Retailer For Sale

Business description

This Ice Cream Producing Company operates from a factory in the Bangkok region of Thailand, and retails the products from nine outlets in department stores and shopping malls throughout the city. The enterprise began manufacturing around nine years ago, and has now developed a wide range of soft and hard ice creams. Approximately 70 employees have been trained to a professional standard; around 20 of these are employed on a full-time basis, with the remainder working part-time. Financial results have fluctuated over the years, but the last financial year saw receipts of approximately 28,000,000 baht yield net profits of roughly 2,600,000 baht. Personal reasons now force the sale however, and the new owner will acquire a freehold factory and land close to Bangkok, valuable production machinery and retailing equipment, a sizable inventory of stock and nine well positioned shops that incur monthly rent of anywhere between 10,000 baht and 75,000 baht, depending on size and location. The payroll forms a major outlay, due to the size of the workforce, and this normally totals between 380,000 baht and 430,000 baht per month.

Property information

Real Estate:

Real Property Included

Other information

Trading hours:

8:00 to 8:00