Furniture Company for Sale in Bucharest, Romania
|Run Rate Sales||USD 2.2 million|
|EBITDA Margin||12 %|
|Local Time||3:08 PM Brașov|
|Listed By||Advisor / Business Broker|
Company was established in 2013 to sell furniture to offices and for interior designing projects. Since its inception, the company has been providing high quality products and professional services. Company manufactures furniture at its fully automated factory using state-of-the-art HOMAG technology. Produce customized products at a large scale.
Main activity of the company is to manufacture furniture but over the years, it has also expanded into manufacturing aluminium & wooden window frames, metal goods, and providing interior designing services. Company imports chairs, metal structures, and accessories from suppliers based in Poland, Italy, Austria and Turkey. Have long term contracts with these suppliers. Additionally, the company also has tie-ups with local suppliers in Romania.
Company's strategy is to sell imported products from its own production facility to the final beneficiaries / clients. Company sells the products to clients through specific projects, long term contracts and also through distributors. Some of its corporate clients are Banca Comercială Română, Enel Romania Srl, Metro Systems Romania, Deutsche Bank, Robert Bosch, Ministry of European Funds. In addition, the company also sells products to residential clients. Company has the ability to meet any type of furniture supply project requirement.
Business owned assets as a part of full sale include land & building, factory setup, equipment (3 years old), furniture, computer, software, existing contract with customers & suppliers. The interested buyer can purchase only the business without the real estate and the current owner can provide it on lease. The buyer would need to take the facility on lease for at least 10 years in such a case.
Manufactures office furniture, window frames, metal goods and also provides interior designing services.
Earlier than 15 daysGeneral Manager, Floor Covers, Karachi, Corporate Investor / Buyer connected with this business