8.2 / 10
 Zagreb

Door fixtures manufacturer with 6 product lines for sale.

Key Business Facts
Yearly Sales USD 1.5 million
EBIDTA Margin 14 %
Industries Door Fixtures
Locations  Zagreb
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.
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.
Assets Overview
Assets include set-up, manufacturing plant, machinery, tools, certificates, and know-how.
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
Interested to connect with advisors
In talks with 3 Investors
Contact Business