Business for sale

Turnkey Business - Furniture Production

Turnkey Business - Furniture Production
Expert broker de afaceri - Cosmina Sandu
Business Broker Expert
Cosmina Sandu
Brașov - Romania
+4 0755 548 634
cosmina.sandu@trade-x.ro
Selling price: 1.303.860 EURO
Annual turnover: 375.583 EURO
Real Estate Value 0 EURO
EBITDA 132.243 EURO
County / City: BRASOV
Country: Romania

Short description

 In 2013, the owner of the furniture factory made the decision to establish this production unit. The decision was driven by the observation of the increasing demand for customized "make to order" furniture in the market, also benefiting from previous experience as the owner of two furniture stores in the Brasov and Covasna regions.

The owner concentrated all available resources into investing in a highly skilled team of professionals and equipping the factory with the most advanced machinery available. In this regard, in 2017, European funds amounting to 1,000,000 euros were obtained through the Regional Operational Programme 2014-2020, which enabled the factory to become a leader in terms of equipment and technology in Brasov County. This investment had an immediate impact, leading to significant improvements in the quality of the products manufactured and the diversification of the furniture range, transitioning from materials such as particleboard and MDF to solid wood furniture.

The high-performance machinery facilitated the wood processing, bringing increased precision and significantly reducing losses. Additionally, the owner invested in state-of-the-art design software.

These enhancements led to a substantial increase in the number of orders, attracting substantial contracts with companies from Romania, Italy, the Netherlands, Germany, and Austria. Apart from the primary production, the factory also has contracts with other furniture manufacturing firms that use its equipment, generating additional revenue from services.

In conclusion, the furniture production factory owned by the business owner offers numerous development opportunities, supported by significant investments in cutting-edge technology and an extensive network of profitable partnerships and collaborations.

Products and Services

 The manufactured products are furniture pieces made of particleboard, MDF, and solid wood. In addition to these, cutting, edging, and painting services can be provided for other furniture manufacturers.

Operations

 Within the factory, the complete services are performed from the design stage to the assembly of furniture pieces at the customer's location. The stages include: project development (measurements, price quoting, 3D presentation of the furniture) - furniture production - initial assembly of the pieces - transportation to the customer's location - final assembly.

Tangible and intangible assets

 The tangible assets of the business include:

Panel formatting saw
Edge banding machine
4-sided CNC planing machine Centateq E-300
Edge banding and milling machine
Calibrating and sanding machine
Vacuum extraction system Vacomat 350XP
Rotary joining press
Axial milling machine
Edge sanding machine
Hydraulic V-jointing machine
Band saw
Pressurized painting room
PAL panel formatting saw
Application machine
CNC-controlled processing center Weeke
Electric pallet truck
Milling machine DP 180X5X45
The intangible assets include:

IMOS design software
ISO 9001:2015 certification for the manufacturing of MDF and particleboard furniture, certifying compliance with quality standards in production and quality management within the business.

Market and development potential

 The furniture pieces and services offered target a wide range of potential clients, including furniture factories, companies, and individual customers, among others. In conclusion, the quality and competitive costs of production in Romania can make the business highly appealing to clients from other countries. Expanding exports can bring significant additional revenue. With quality, flexibility, and ISO certification as strong points, the business has all the elements to continue thriving in a competitive and evolving market.
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 2014-05-06
Turnover from previous years 330.054 EURO
Trademark 0 EURO
Goodwill 0 EURO
Seller/bank financing 0 EURO
Approximate inventory 18.000 EURO
Inventory included in price Yes
Number of Employees 16
Support and training Yes
Reason for sale The emergence of an opportunity for development in another field.

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