Marine And Industrial Products Business in Thailand For Sale

Business description

40% ownership in importer and distributer of wel known high end cleaning, maintenence and spill products for the marine, oil & gas and industrial market. The company is enjoying good relations with returning multinational clients that also specify our products in their company instructions. All payments are made B2B by cheque or E-transfer reducing embazzlement risk to nil, after 7 years of operation the company has had no unpaid invoice. The company owns sole rights for import and distribution in Thailand and are part of an international network that ensures reccognition from leading multinational clients. This oppurtunity is well suited for an investor that seeks a secure and stabile income. Day to day activities handled by staff, major descisions together with 2 other partners. Also suitable for silent investor. Current yield at 15% annually, company growth first years at around 59% now it has reacheda more stabile market and sees around 10-15% growths. Very good profit margins and low and forseeable overheads. Sales agents in Bangkok and Songkhla (southern offshore supply base and port)

Franchise terms

Business enjoys the support from R&D technical support and material from Singapore and U.K. No franchise costs. No limits of expansion of product line.

Property information

Real Estate:

Lease

Lease terms:

Open end rental at 10,000 thb per month

Living accommodation:

Extra room now used as store room in the company premises can be used for accomodation. Pentry and garden at office.

Location:

Located in Ban Chang that hosts several support businesses to the marine & oil/ gas industries in the region. 10 km from Thailands biggest Petrochemical area with maptaphut and asian industrial estate. 20 km to Sattahip offshore supply base, 590 km to Laemchabang industrial estate, port and fabrication yards. 40 km to Resort town of Pattaya.

Other information

Expansion potential:

Oppurtunities to grow in current sector due to the current growth in marine and oil industries in Thailand and the fact that the company has become a reliable name in the industry after initial start up 7 years ago. Limitless expansion to manafacturing industres and service industries (products proven in Singapore, malaysian , Phillipines markets among others)

Competition / Market:

Competition is limited due to the fact of special products with environmental advantages and to the fact that products are approved and specified by several customers. Market has good potential for expansion as oil and gas and supporting marne industries are booming in Thailand and the fact that we have not yet tapped into the manufacturing industries apart from some sales via agents.

Support & training:

Traning and technical support available in Singapore and U.K. administrative training by remaining partners that stays on.

Reasons for selling:

Seller has been involved as owner since the start up and created risk capital into secure investment. Seller seeks to free capital for new high risk/ high gains business ideas. Buyer should seek stabile investment and returns.

Trading hours:

9-17

Inventory / Stock value:

$50,000 (included in the asking price)