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Very Profitable Door Manufacturing Company For Sale

Samut Prakan, Thailand
Asking Price:
$2,750,000 (USD)
Sales Revenue:
$2,600,000 (USD)
Cash Flow:
$500K - $2.5M (USD)

The company is market leader in the manufacturing of doors and electric access panels for condominiums, hotels and hospitals. Founded almost 20 years ago, it has developed a leader position in this specific segment of building material supply and can rely on regular business from large property developers in Thailand. The current owner has worked with architects and developers to constantly improve the products and therefore managed to become the preferred supplier in this market segment.
The company has its factory in the Bangkok area with a staff of approx. 40, including Sales and Admin staff. With a move planned to a larger site in early 2021, a new owner will have the opportunity to expand production and also increase.
The company has incurred very steady revenues of approx. 80m THB over the years, and has committed sale backlog for the most part of 2021 already. With increased production capacity, a new owner can easily expand the business into other countries as well.
The owner wants to retire from the business, and is willing to support a new buyer during a handover period.

Property Information

Real Estate:

Lease

Location:

Located at the outskirts of Bangkok, the factory is moving to bigger premises to expand its production in April 2021

Business Operation

Expansion Potential:

A new owner can build on a strong customer base, however both domestically and internationally there is significant growth potential to explore

Competition / Market:

This company has become the market leader in this segment and maintains strong ties with architects and real estate developers which ensure a steady stream of orders.

Reasons for selling:

Owner wants to retire

Employees:
40 staff, including a sales team, designers and workers
Years established:
Established in 2002

Other Information

Support & training:

Owner is willing to support an incoming new owner with training

Furniture / Fixtures value:
$300,000 (USD)
Related Documents:
Relocatable:
This business can be relocated.

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