Furniture Business for Sale in Bucharest, Romania

Manufacturer of office furniture with 5+ resellers and an average monthly sales of EUR 80,000.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 1.1 million
EBITDA Margin 15 %
Industries Furniture
Locations  Bucharest
Local Time 3:05 PM Romania
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 600 thousand (Native Currency: EUR 500,000)
Reason: Seeking retirement.
Includes physical assets worth USD 470 thousand
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Business Overview

- Company manufactures office furniture such as tables, office cabinets, pedestals.

- Sells them through its tie-ups with 5+ resellers, few architects, and agents.

- Run rate sales have dropped due to the pandemic.

- Manufacturing capacity of about 700-1,000 pieces per months and can be extended.

- Manufacturing is only done after we receive an order from the client.

- Have tie-ups with 5 suppliers for procuring raw materials.

- About 50% of the products are imported from 2-3 manufacturers in Europe and the rest 50% are manufactured at our unit.

- Currently working on 4 projects with mid sized companies.

- Furniture is customized as per the client's requirement.

- Have a tie-up with 2 logistic companies who help in transportation.

Products & Services Overview

Chairs, cabinets, and office furniture.

Assets Overview

Business owned assets include land, warehouse, machinery, and office equipment. Machines include woodworking machines: saw, edgebanding, CNC drilling machines.

Facilities Overview
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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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