The furniture factory for sale has had a constant activity for over 30 years, does not carry any debts and is up to date with the payment of taxes and duties.
The production is focused on a range of niche products - MDF and masive beech furniture, for which there are firm contracts with foreign companies.
Currently the business has qualified and reliable staff and a successful business management strategy, which will help the new owner to easily manage the transition after the takeover.
The factory has its own production space: halls, office space, storage space for raw materials, wood dryer; painting-varnishing section, storage space for finished products; as well as their own equipment and machinery. The production and delivery process of the products is one that a new owner can easily adopt and continue.
The company has not been significantly affected by the COVID pandemic, it is active and has firm contracts with foreign companies.
Description of the Premises
The buildings are of industrial type, respectively: a hall made of metal structure and with sandwich panels with an area of 1000 sqm and a height of 4.7 m.
- another hall with an area of 560 square meters and a height of 3.7 m
- a warehouse with an area of 280 sqm with loading / unloading ramp
- concrete-covered surfaces of 944 sqm
- other outbuildings with a total area of 800 sqm.
All buildings are owned by the company.
The total surface of the land on which this furniture factory for sale operates is 27293 sqm, of which 19326 sqm of land is leased for 49 years and 7967 sqm in property.
Development Possibilities and Reason of Sale
There is the possibility to access EU funds (the company is eligible), for refurbishment and expansion of production capacity.
The company's shareholders want to co-opt an investor who can be actively involved or can take over the entire activity. They are looking for someone who has the energy and means to further develop the business.
The company currently has a stable financial situation. Operational profitability, net profitability and balance sheet indicators point to a risk-free financial soundness for the next period, which is a major advantage for this furniture factory for sale, especially in the context of development opportunities.
Details about the transition
The business broker dedicated to this offer ensures to the potential investor, through a written confidentiality agreement, the complete disclosure of all relevant information about the business, through an Information Memorandum, Due Diligence, advice and after-sales assistance, in order to transfer the proposed offer. For more details, people directly interested are asked to contact us by phone or through the contact form.