Operational Handbag And Accessories Manufacturing/Trading Company In Chiang Mai
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For Sale and Rent

Operational Handbag And Accessories Manufacturing/Trading Company In Chiang Mai

Listing Number:

  • 066-10-01-020

Asking Price:

  • ฿ 8,300,000

Manufacturing and Agriculture Clothing Manufacturing
Thailand Chiang Mai Mueang Chiang Mai

Business Details

Company:

  • A 10 Million Baht Limited Liability Company is included in this sale offer if required.

Current Staff:

  • 8 Full-Time Salaried

Licenses:

The following licenses are included:
  • Import/Export

Average Monthly Electricity:

  • ฿ 9,000

Average Monthly Water:

  • ฿ 500

Property Details

Tenure:

  • Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease).

Rent:

  • ฿ 40,000 per month. Payable monthly in advance

Security Deposit:

  • ฿ 129,000.

Connected Utilities:

  • Power
  • Water
  • Internet

Stock:

  • Stock at the time of settlement is Included in the asking price

Internet:

  • Connected at the cost of ฿ 700 per month. Wifi Enabled.

Security:

  • ฿ 3,000 per month

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

Established in 2011 and operating from a large 600m2 factory in Chiang Mai, this company produces unique embroidered textiles, handbags, apparel and accessories. They have 3 embroidery machines and a handbag workshop and produce goods for resale via their two websites and social media accounts. The custom made ERP Database system which includes accounting, SCM and CRM (over 15,000 contacts) used to run the entire business comes with the sale. Also included in the sale is the stock on hand at time of transfer (average value is THB 6,500,000), the Thai registered company (if required) and the import/export license. The business is also very well-connected nationally and works with over 30 Artisan groups. They are registered with the Chamber of Commerce and have a Buddha export license as well.

This business would suit a hands-on owner, or someone already in a similar industry, but is also suitable for an investor as staff are already in place and are well trained. The sale has come about due to the owner's requirement to move back to his home country.