Worldwide Jewelry Manufacturing and Distribution Business for Sale
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  • Worldwide Jewelry Manufacturing and Distribution Business for Sale
For Sale and Rent

Worldwide Jewelry Manufacturing and Distribution Business for Sale

Listing Number:

  • 066-01-08-001

Asking Price:

  • ฿ 12,000,000

Manufacturing and Agriculture Other - Manufacturing and Agriculture
Thailand Bangkok Bang Phlat

Business Details

Company:

  • A 14 Million Baht Limited Liability Company is included in this sale offer if required.

Current Staff:

  • 55 Full-Time Salaried

Licenses:

The following licenses are included:
  • Import/Export

Average Monthly Electricity:

  • ฿ 25,000

Average Monthly Water:

  • ฿ 500

Property Details

Tenure:

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

Rent:

  • ฿ 17,000 per month. Payable monthly in advance

Security Deposit:

  • ฿ 34,000.

Connected Utilities:

  • Power
  • Water
  • Internet

Stock:

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

Internet:

  • Connected at the cost of ฿ 1,000 per month. Wifi Enabled.

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

This is a very well established jewelry business having started back in 1994 and has now grown its brand into a 100% wholesale worldwide business where 98% of its sales are exported from Thailand. It has a very strong team of employees with the Factory Manager having been with the company for 20 years and other managers from 6 to 9 years. There are also 3 foreigner workers who have been with the company for 4 to 6 years. The company has a very good rapport with Thai government offices.

The factory is located on the outskirts of Bangkok and the building is for monthly rent on a standard or negotiated long lease. The factory can produce at peak capacity around 20,000 pieces per month made from precious and semi-precious stones mounted in gold and silver. Currently, it is producing around 8.500 pieces Individual jewelry items vary in weight, for example one of the product lines is 30gm on its own, however current production is an average weight of 4gm per piece, or 32kg of product per month. Average value of raw material stock on hand at any one time is approximately THB 7,000,000 and this stock is included in the asking price.

The factory uses CRM system (Customer Relationship Management) to track all the history of customers logging their purchases and communication. The CRM is also linked to an ERP bar-code system (Enterprise Resource Planning) that tracks each product made in the factory from manufacturing to delivery. The company exports jewelry world-wide with its biggest markets currently being Europe and the US. Included in the sale is around 400,000 3D digital models, 3,000 master models and the full database of clients with around 800 warm lead and 10,000 retail shops and wholesalers contacts.

This sale offer is for a business operated from leased premises, however the factory can be made available for freehold sale if required. The owner also owns a chain of jewelry retail stores in Thailand operating in leased shopping plaza locations and these may be purchased additionally if required. Please ask us for more information about these additional options.