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Furniture Company for Sale in Boquete, Panama

For Sale: Well established, profitable, and reputable custom cabinet and furniture woodwork business.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity S Corporation
Reported Sales USD 240 thousand
Run Rate Sales USD 260 thousand
EBITDA Margin 28 %
Industries Furniture
Locations  Boquete
Local Time 8:07 AM America / Panama
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 150 thousand (Native Currency: PAB 150,000)
Reason: Promoter is moving out of the country.
Includes physical assets worth USD 65 thousand
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Business Overview

- Panama based over 7-year old custom woodwork and cabinetry business.

- Business has a good customer base, skilled employees, good suppliers, located in a high traffic area next to an upholstery business and a large hardware store.

- We have regular growth in annual sales.

- This is a great opportunity to have a successful business with instant profits and contracts to pick up.

- Our main clients are expats from other countries who relocate to Panama.

- We work on around 12 small projects and 1-2 large projects per month.

- Our materials come from several suppliers who provide us with our wood products as well as plywoods and hardware.

- On average the receivables are usually around PAB 40K month to month.

- The construction and materials are of the highest quality built by master craftsmen with over 30 years of experience.

Products & Services Overview

The business provides kiln-dried custom cabinetry and furniture designs that are constructed according to the client's desires with over 68 exotic woods to choose from and many stains and paints available.

Assets Overview

Existing customer contracts, wood inventory, kiln, equipment, tools, supplies, receivables, leasehold interest and improvements, corporation and retention of skilled employees.

Facilities Overview

The leased facility is a fully equipped woodshop with high-end equipment, tools, inventory, and supplies. It also has a kiln and a large wood storage area.

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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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