Business for sale

Custom furniture manufacturer with a solid brand in Transylvania

Custom furniture manufacturer with a solid brand in Transylvania
Business broker
Vlad Crisan
Cluj-Napoca - Romania
+40 741 036 187
vlad.crisan@trade-x.ro
Selling price: 325.000 EURO
Annual turnover: 204.947 EURO
Real Estate Value N/A
Operating profit (EBITDA) 30.541 EURO
County / City: Cluj
Country: Romania

Short description

 Extraordinary opportunity to acquire a custom furniture manufacturer known for its innovative designs and meticulous attention to detail. Rooted in the heart of Transylvania, the company, established in 2015, has built a reputation for high-quality products and the ability to meet the varied needs of its residential and commercial clients. With a solid presence in the premium furniture market, the company distinguishes itself through the highest quality materials and strategic collaborations with some of the most renowned designers in the region.

The company has shown a growing trend in its turnover, recording successive increases in the last 2 years. By July 2024, it had already surpassed the turnover achieved in 2023. Due to long-term strategic partnerships and a wide range of high-quality solid wood furniture products, the company is very well positioned in its niche market in the region and has solid development prospects.

Products and Services

 The company specializes in custom furniture, including indoor and outdoor pieces made from high-quality materials such as solid wood and metal elements. It offers personalized solutions for the HoReCa sector and retail, collaborating with talented designers to create unique and functional pieces.

Operations

 The company operates in a well-equipped production facility in Cluj County, with a dedicated team of 6 employees. The production process includes design, wood processing, assembly, and finishing, ensuring rigorous quality control.

Tangible and intangible assets

 Tangible and Intangible Assets:

Modern equipment for processing solid wood, chipboard, MDF, and other wood and metal materials.
Transport vehicles: Peugeot Boxer and Dacia Dokker.
The equipment was purchased new from renowned manufacturers in Italy and Germany and has been maintained and serviced at regular intervals. A complete list of all assets will be made available to potential buyers after signing a confidentiality agreement.

On the intangible side, the company has a strong online presence, with over 15,000 followers on Instagram, a functional online store selling both proprietary and third-party furniture products, a functional platform on Emag Marketplace, and a developing platform on Amazon US.

An important aspect is the portfolio of commercial clients, where over 80% of HoReCa clients are recurring.

Market and development potential

 The company operates in a growing market with increased interest in customized and high-quality furniture. Due to the expansion in the real estate and commercial sectors, there is a high demand for custom-made furniture of superior quality, both in Cluj County and neighboring counties, as well as throughout the country. A competitive advantage is the company's ability to produce customized furniture according to the client's needs, regardless of the client's location.

International market expansion also represents a major growth opportunity. The company has participated in several international profile fairs, the most notable being the Maison & Objet Paris Fair in 2019, where it showcased its products and gained significant international exposure.

Additionally, digitization and automation of production processes can lead to cost optimization and increased efficiency. The company has accessed European funds through the SME Digitization program and has an approved project worth 40,000 EUR for implementing software to optimize production and increase online visibility.
When advertising a business for sale, the person doing this advertising has the professional obligation to keep the business's and shareholders' information confidential. Therefore, data fields marked N/A can only be disclosed by signing a Non-Disclosure Agreement (NDA).

Detailed information

Business established on 2015-09-24
Turnover from previous years 187.265 EURO
Trademark 15.000 EURO
Goodwill 40.000 EURO
Seller/bank financing N/A
Approximate inventory 26.000 EURO
Inventory included in price Yes
Number of Employees 6
Support and training The owners are willing to provide extensive support and training during a transition period to ensure a smooth transfer of operations and client relationships.
Reason for sale The current owners wish to explore new business opportunities and focus on other projects, being open to discussions with investors or companies that can continue the development and expansion of the company.

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