Well Established Jewelry and Fashion Brand for Sale with 2 Retail Stores - Bangkok
Listing No. 066-01-14-001
• Business: Fashion and Accessories Shops
• Location: Chatachak Market, Bangkok, Thailand
• Features: This Fashion brand started back in 2014 and has been showing steady growth over the years. There are 2 retail stores at Chatuchak Weekend Market operating under the same established brand. The brand sources their products from suppliers in South Korea, India and also here in Thailand, and offers many different cohesive lines of jewelry and even yoga products. Recently they launched their own website thereby supplementing the retail store sales with internet sales. Already this is proving very popular with repeat buyers.
The first stall at Chatuchak Market is aimed at the retail passing trade, as it is located in one of the business parts of the market. The second stall is aimed more for the wholesale side of the business and displays and holds more stock. One is the most exciting parts of the business is their new website and online ordering service which recently has been showing great returns.
Under the current business model the owners only spend 2 to 3 days a week on the business, enabling ample free time or time to pursue other interests. The business however, even though it is profitable in its own right, shows great potential to expand into other high-end fashion malls or locations. Full training and support from the current owners is offered for up to 2 months if required. Stock is not included in the asking price but may be transferred at cost price if required (average value on hand is THB 270,000). There is also an option for a buyer to buy the two retail shops without the branding, website and stock. If interested in this option, please ask for a meeting with the owner.
• Tenure: Business Sale and Rent (Leasehold Premises). 1 year with option to renew (Rolling Lease)
• Asking Price: THB 2,800,000
• More Information: Please contact us for more detailed information (we require your name, phone number and e-mail address)