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Furniture Business for Sale in İzmir, Turkey

Furniture and bedding production company with a well-known trademark for sale.
This Business is on a Premium Plan
Established 40-50 year(s)
Employees 100 - 500
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2.8 million
Run Rate Sales USD 3.8 million
EBITDA Margin 30 - 40 %
Industries Furniture
Locations  İzmir
Local Time 9:42 PM Europe / Istanbul
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 50 million (Native Currency: USD 50,000,000)
Reason: The owner of the company had taken a decision to quit the sector for confidential reasons. The valua... View More
Includes physical assets worth USD 25 million
Interested to connect with advisors
Documents
Business Overview
The company's monthly production capacity of around 4,000 pieces.
The company’s customer profiles are hotels, domestic whole sellers, sub-distributors to domestic consumers, and wholesalers out of the country.
The company has the export ability and has exported goods to Africa, the USA, Turkic Republics, and the Middle East.
The majority of the sales are domestic and the company only handles orders for commercial clients.
80% of the latest annual sales revenue has been worked through 63 main dealers and the rest of the clients are 119 sub-dealers.
Products & Services Overview
Living room suite furniture – varieties with textile furnishing. Living room suites consist of armchairs, sofas, pouf, and winged chairs.
Corner sets (L-type sofas) varieties with textile furnishing.
Bedding (bed base + mattresses + bed headboard).
Assets Overview
Factory real estate belongs to the company, machinery, trademark registration certificate, and various furniture design patents.
Facilities Overview
The factory territory had been invested by the company.
The land of the company has a total area of 23,000 m2 of which 15,000 m2 is indoor area and 8,000 m2 is open area.
The factory area consists of 11.648 m2.
The modern factory has been construed on a main floor and an entresol.
Capitalization Overview
The company has 1 managing director as owner and does not have any debts or liabilities.
The company is self-financing.
Recent Activity
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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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