(UPDATE! The owner has reduced the asking price from 2,750,000 baht to 2,000,000 baht. He states that business is good, and two ponds were harvested recently, generating an income of 300,000 baht). This Prawn Farm only started trading recently after the owner began developing the property around a year ago, at a cost of 2,000,000 baht. Projected financial results would see the farm earn annual net profits of 1,450,000 baht in the first year of trade, from receipts of 4,600,000 baht. The owner is relocating however, and must pass on the fruits of his labour to a new investor. He has set an attractive asking price that is little more than his start up costs; he is happy to make a small profit to reflect the amount of work he has put into the project over the last year. The new owner will acquire a fully operational prawn farm with 10 large grow out ponds, high volume water pumps, aerators, diesel engines, paddle wheels, all equipment, a staff residence and an office. The owner is relocating to the North East of the Kingdom to set up a new project. A website has been launched and is in the process of being updated.

Posted Jan 26, 2011

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