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Door Fixtures Company for Sale in Zagreb, Croatia

Door fixtures manufacturer with 6 product lines for sale.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 1.5 million
Run Rate Sales USD 1.5 million
EBITDA Margin 14 %
Industries Door Fixtures
Locations  Zagreb
Local Time 2:10 PM Europe / Zagreb
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.3 million (Native Currency: EUR 2,100,000)
Reason: Owners are looking to move out of the business because of retirement. The valuation is done by the a... View More
Includes physical assets worth USD 1.4 million
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Business Overview

- The company is awarded family-owned manufacturer of indoor and special doors for residential and hotel clients.

- The product lines comprise 6 main types of wood door collections in the middle/upper product segment, each with a great deal of customizable options.

- The company manufactures industry-certified fireproof and smoke shielding model doors (EN 16034 2014 I e System 1 sound insulation doors 34 dB and 43 dB) and anti-burglary doors (RC 2). The know-how for special doors was developed in-house over 15 years in the making.

- The company is the only EU-certified fireproof and smoke-shielding wood door manufacturer in the country.

- Production is predominantly project-driven, therefore, standard product lines can be highly customized. The sales of the special doors segment account for 30% of the total sales and are growing.

- The company currently exports 20% of its total production to Slovenia and Austria and in the pre-covid period, 40% of sales were to hotel and hospitality industry customers.

- Material and parts are mostly sourced on the local market, with some exceptions for special doors that are imported from England.

- The company is led by the owners, while production is managed by the plant manager, an industry veteran, and an engineer. There are 35 employees in total of which 30 are in production.

- The average monthly net salary ranges from 850 to 1,100 euros.

- The manufacturing process is organized into 2 shifts, the 1st shift currently operates at full capacity.

- Door installation is typically done by long-term outside partners familiar with the product.

- To stay on top of the industry trends and improve efficiency, the Company continually invests in new technologies and machinery.

- The company markets through web and social media channels and direct sales.

- The manufacturing capacity depends on the model of the door that has to be manufactured.

Products & Services Overview

- Internal wooden doors in 5 various collections.

- Special doors: fire-protected 45 minutes, smoke-protected wooden doors with valid EU certificates; for hotels, other tourist facilities, homes for the elderly, and student dormitories.

- Sound-protected doors 34 dB & 43 dB.

- Wooden security doors RC2.

- Wooden wall coverings.

- Wooden wall partitions.

Assets Overview

Assets include set-up, manufacturing plant, machinery, tools, certificates, and know-how.

Facilities Overview

The company operates from a 1,500 m2 plant, of which 1,250 m2 is manufacturing, and 250 m2 is office and showroom space. The plant is under a rental agreement with the owners and is free of any liens or mortgages. The facility is located in the west of the city.

Capitalization Overview

The company has no debts and loans, it is a privately owned company, financed with its own capital, and operates with profit. The company has one owner.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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