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Thailand Based Export Manufacturer for the Sports Fishing Industry Listing No. 066-10-01-002
· Features: With orders of around USD 20,000 on hand at any one time, this 'little' Chiang Mai based business is making a big splash in the sports fishing industry. The business is currently operated from two locations - Chiang Mai and Maesot. It could potentially be operated from anywhere, but with trained and skillful staff in place and with premises leased on an annual basis, overheads are kept low and profits high. It's a 6 day a week business, but in reality all orders are generated through the company's online assets and primarily through its own website which has shopping cart functionality. The company can produce a wide range of terminal fishing tackle and the Maesot operation is also well suited to any kind of labour intensive manufacturing. Although there are many customers, the company has four major blue-chip clients and the owner, who wishes to retire is happy to assist a buyer transition the business and pass on his 25 years industry experience (for up to one year if required). Starting a company like this would cost in the vicinity of USD 150,000 and probably take over a year before sales started rolling in. With the infrastructure already in place and sales channels already established, the business is priced to sell. The company structure with this business is a BOI Company (100% foreign ownership). The BOI company is capitalized to 2 million baht and has significant advantages. Not only does it allow for foreign ownership, but import duty is exempt, there is a tax exemption for the first 2 million baht income and a foreigner business VISA and work permit as easily obtained for 2 years at a time. This company can be transferred if required.
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