Factory producing wooden elements used in the manufacturing of armchairs

Factory producing wooden elements used in the manufacturing of armchairs
Business Broker Expert
Sergiu Ivan
Vrancea - Romania
+40 768 303 833
Selling price: 464.638 EURO
Annual turnover: 166.421 EURO
Real Estate Value 193.769 EURO
Operating profit (EBITDA) 90.233 EURO
County / City: Vrancea
Country: Romania

Short description

With 28 years of experience and international exposure, the main activity of the business is the manufacture of wooden elements for the manufacture of armchairs for auditoriums and amphitheatres, furniture and decorative wooden elements for indoor and outdoor use.

Products and Services

Manufacture of structural elements for armchairs for amphitheatres, cinema halls, theatres, university halls, schools, as well as manufacture of wooden elements for interiors and furniture.

Operations

In its 28 years of activity, the company has produced, with exemplary professionalism, projects for some of the largest concert halls in the world: Europe, UK, Canada, Middle East, China and Japan.

Tangible and intangible assets

Tangible assets:
- land 3328 sq.m,
- 5 buildings with a total built area of 794 sq.m, of which: production hall - 537 sq.m, heating plant - 32 sq.m, warehouse - 63 sq.m, paint shop - 54 sq.m, drying room - 108 sq.m.

Market and development potential

Marketplaces for the sale of the company's services and products include cultural and educational institutions as well as the boardrooms of large corporations and governments.

The potential of the business calculated on the basis of the growth rates of invested capital and turnover is 30%/year, and with a management at least equal to the one it had, the growth can be as high as 43%/year.
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 2023-10-09
Turnover from previous years 129.460 EURO
Trademark 100.000 EURO
Goodwill 200.000 EURO
Seller/bank financing 150.000 EURO
Approximate inventory 120.869 EURO
Inventory included in price Yes
Number of Employees 6
Support and training Yes
Reason for sale retairement from activity

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