Furniture Business for Sale in Bucharest, Romania
|Run Rate Sales||USD 1.1 million|
|EBITDA Margin||15 %|
|Local Time||3:05 PM Romania|
|Listed By||Business Owner / Director|
- 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.
Chairs, cabinets, and office furniture.
Business owned assets include land, warehouse, machinery, and office equipment. Machines include woodworking machines: saw, edgebanding, CNC drilling machines.