Furniture Company for Sale in Zagreb, Croatia
Established | 30-40 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 2.65 million |
Run Rate Sales | USD 1.7 million |
EBITDA Margin | 22 % |
Industries | Furniture + 1 more |
Locations | Zagreb |
Local Time | 5:35 PM Europe / Zagreb |
Listed By | Advisor / Business Broker |
Status | Active |
- There are 2 main revenue streams:
1. Public Croatian tenders- Big projects like the interior design of a museum or national park.
2. Private international customers - The company has some award-winning products that sell very well internationally and this is a segment that has much bigger potential since the owners do not have the energy and time to focus on this market.
- Business also serves private domestic clients.
- The company has received 32 international awards for their innovative designs and products.
- Reason for the drop in sales this year as compared to the previous year as this is project-oriented business and last year they had more high value projects, whereas the number of projects has been less this year.
- Business has ISO certification and patents for their designs.
They can create virtually anything a customer requires, leveraging their highly-skilled team and extensive experience.
Their offerings include the design and production of interiors for offices, kitchens, museums, hotels, and other commercial or residential spaces.
Clients:
- Public Croatian clients: Large-scale public tenders, such as designing interiors for museums, national parks, and other public spaces.
- Private international clients.
- Private domestic clients: Bespoke interior design services for homes, hotels, and offices.
Intangible assets include know-how and reputation.
Advantage of the location is that there is an educated local workforce that inherits high criteria of work ethics, and good transport connections, the micro location has a long tradition in the wood industry.
Has an additional rented office. There are 10 people in the office and around 25 in the factory.
There is a small debt that the owner can clear before selling the business.
There is 1 owner holding 100% shares.
-
Earlier than 15 daysFounding Partner, New York City, Investment Bank connected with the Business
-
Earlier than 15 daysFounder, Investment, Ghent, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysIndependent Advisor, Belgrade, Business Broker connected with the Business