Wholesale And Retail Jewelry Business At Very Desirable Location For Sale

Overview

  • Business services, Services
  • Property Type

Description


Wholesale And Retail Jewelry Business At Very Desirable Location For Sale

Bangkok, Thailand

Asking Price:

$1M – $5M

(USD)
Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1M – $5M
(USD)
Cash Flow:
Available on request

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 now to its previous levels.
– Buyer will get the legal entity, brand name, inventory, lease, goodwill, 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 viewing room plus safe/office and separate administration room.

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 open to any suggestions

Furniture / Fixtures value:
$100,000 (USD)
– included in the asking price
Inventory / Stock value:
$4,000,000 (USD)
– included in the asking price



Source link

Address

  • City Hong Kong

Details

Updated on January 19, 2023 at 12:19 am
  • Property Type: Business services, Services
  • Property Status: For Sale, New Listing

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