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Proposal's Value (EUR): 650000
The furniture factory for sale, is owned by a profitable Romanian company with an uninterrupted activity of almost 30 years in the field of wood processing and furniture production in Romania. The whole production of the factory is exported to international traditional customers.
The sale options of the business are:
- Joint-venture / Association (minority package)
- Full sale
The intention of the actual owner to attract a new business partner (minority package sale) is determined by the new potential opportunities for business development, however due to the age reasons, the actual owner is also open to sell the business in full.
The Romanian company for sale is located in [Transylvania] – the center of the country, with immediate access to the A1 highway and 180 km from the western border of Romania.
The furniture production company for sale has a portfolio of stable and consolidated international clients in the nearly 30 years of activity and business cooperation.
The previous years turnover was in the range of: 1,600,000 – 2,000,000 Euro / year.
- Land property = 8,000 sqm
- Additional land concessioned until 2047 = 19,000 sqm
- Production halls [H = 6 m] = 2500 sqm
- Storage facilities = 1300 sqm
- Administrative / Office spaces = 150 sqm
- Specific production equipment and timber dryers, centralized exhaust, wood waste heating [sawdust]
- Loading / unloading ramps
Number of employees: 55 loyal staff with good experience.
This company producing furniture for sale is eligible to access non-refundable funds.
With an investment of about 300,000 Euros, it is possible to double the production capacity.
This company for sale in Romania never had and does not currently have debts to the state or to the suppliers of materials or services!
In the case of full takeover, the owner is willing to assist the buyer / investor for a reasonable period of time for taking over the business and continuity.
The requested price for 100% of the social shares is 800,000 Euro.
The company is operating for almost 30 years
Turnover / 2018 = 1,508,400 Euro
Profit = 78,140 Euro
Costs / concession area = 688 Euro / year
The company’s products are sold exclusively in EU countries.
There are no loans or other debts.
[+] stable business opportunity with good perspectives, well controlled and managed, based on a good experience, having the opportunity to develop by attracting non-refundable funds from EU financing available lines.
[+] The base of existing customers is secured and loyal for many years, on export
[-] ensuring [recruitment] of the labor force, limited own funds for investments.
The owner is open both for minority sale o full sale of the business.
Interested parties for this partnership / business opportunity for sale, are invited to write to us by email at [email protected] or directly through the form.
Sell the Business
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Business Trend: Stable
Type of Proposal: Sell a Business, Assets or Products. Get Capital
Main Reason for Sale: Age / Retirement
Buyer Support: 6 months
Country (where operating): Romania,
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Last Update on: 15/12/19 by And… …
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