NACE codes – 31.09 and 16.10
The company worked for a major global furniture retailer from 2004 to 2022. In 18 years of cooperation with this retailer, it gained experience in serial production, establishing a system of process and final control, and all the requirements of the global furniture market.
The company is equipped with a modern UV varnishing plant, CNCs, drills, grinders, multi-blade circular saw, optimizers, a finger jointing machine, presses, four-sided planers, and a large number of smaller machines (circular saws, planers, milling machines, etc.), dryers for drying boards, a biomass boiler for producing heat energy, a sawmill for cutting logs, and a line for producing wood pellets. The workers have many years of experience in furniture production.
Acquisition agreement – the company is looking for a larger company to purchase the company’s assets and the entire business, with the option of continuing cooperation for existing customers or for its own production. The reason for the sale is that the new generation of owners is not interested in this business. The company is family-owned and 100% owned by one founder, i.e. owner.
- Asking Price:
- $6,000,000 (USD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,500,000 (USD)
- Cash Flow:
- $4,000,000 (USD)
Property Information
- Real Estate:
-
Real Property Included
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The plant for the production of heat energy has the potential for the construction of a cogeneration plant for the production of electricity on biomass.
- Competition / Market:
-
The factory is located in an area that is rich in wood raw materials, has an experienced workforce, well-established processes and equipment.
- Reasons for selling:
-
The reason for the sale is that the new generation of owners is not interested in this business. The company is family-owned and 100% owned by one founder, i.e. owner.
- Trading hours:
-
24/7
- Employees:
- 85
- Years established:
- 1993
Other Information
- Furniture / Fixtures value:
- $4,000,000 (USD) - included in the asking price
- Inventory / Stock value:
- $1,000,000 (USD) - included in the asking price
