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Wholesale Retail Gemstone Jewelry Business Very Desirable Location For Sale

Bang Rak, Bangkok, Thailand
Asking Price:
$4,000,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$900,000 (USD)
Cash Flow:
$900,000 (USD)

Wholesaler and retailer of gemstones and jewelry.

- We have longstanding worldwide connections in the industry and have a very desirable retail space in the premier Jewelry Trade Center in Bangkok.
- We receive high footfall of tourists due to the prime location of our store.
- We have built an extensive network of wholesale buyers over the last 37 years.
- No bank loans taken by the company.
- Pre-COVID annual revenue was THB 22 million, which dropped to 5-6 million during the pandemic and is resurging to its previous levels.
- Buyer will get the legal entity, brand name, inventory, lease, goodwill, work permit, and zero VAT privileges.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

One year revolving lease

Leasehold Rent:

$40,000 (USD) per annum

Location:

Central gemstone and jewelry district on main road.

Premises Details:

Ground floor of a 52 floor shopping and office building.

Size in square feet:
63 sq mt

Business Operation

Expansion Potential:

There is a main viewing salon plus secondary viewing room with natural daylight, a third safe/office room and a fourth administration room.

Competition / Market:

The building is a hub for gemstone trading and as such the competition also brings benefit to our business.

Reasons for selling:

Seems like a good time to retire!

Trading hours:

10.30 am to 6 pm Monday to Saturday

Employees:
5
Years established:
37 years

Other Information

Support & training:

Am prepared to work with or train the buyer for a year if required and to also assist in introducing suppliers, clients etc.

Furniture / Fixtures value:
$100,000 (USD) - included in the asking price
Inventory / Stock value:
$4,000,000 (USD) - included in the asking price
Website:
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Relocatable:
This business can be relocated.