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Jan 26, 2011 — This Bangkok Manufacturer of Food Products has a well known brand name throughout the world, after having built up a good reputation over the last 20 years or so of trade. The owner has reached retirement age now, and feels that the time is right to pass on the enterprise to a like minded entrepreneur. After completing two years of the application process, the company is about to become a Public Company, and will shortly be listed and traded on the Stock Exchange of Thailand after successfully receiving clearance. The successful investor will acquire the office building, the factory, freehold land measuring 83 rai (132,800 square metres) all machinery, office equipment, vehicles, the company trade mark and certified licensing from the Food and Drug Administration of Thailand. Locations have been carefully selected to benefit from transportation routes, while still maintaining a high profile within the city. The land itself has been valued at 330,000,000 baht, while annual receipts of almost 400,000,000 baht are producing net profits of approximately 12,000,000 baht. All financial results have been fully audited and asset values have been appraised and filed with the S.E.T. There is a large, fully experienced workforce in place, numbering around 180 full time and part time employees, and an inventory of stock worth around 80,000,000 baht will also be acquired. All other assets included in the sale, including the buildings, carry a valuation of 187,000,000 baht. With total assets worth 517,000,000 baht, and a valuable inventory included in the sale, the owner feels that he has set a very reasonable asking price, and that his company represents great value for money.
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