Need help?

Furniture Company for Sale in Zagreb, Croatia

Established furniture manufacturer and interior design company with 100+ clients, long-term reputation and world-wide awards.
This Business is on a Premium Plan
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
Overall Rating
Full Sale
Asking Price: USD 1.9 million (Native Currency: EUR 1,650,000)
Reason: Owner wants to retire and find a suitable buyer to take over the company. No upfront/success fee wi... View More
Includes physical assets worth USD 1.38 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- The business has worked with 100+ clients in Croatia and abroad.
- 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.
Products & Services Overview
The business specializes in interior design and custom-made products, serving both public and private clients.
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.
Assets Overview
Physical assets include the factory which is EUR 400k, machinery is EUR 400k, the rest is all the computers and equipment needed to successfully continue running the business.
Intangible assets include know-how and reputation.
Facilities Overview
Factory is 900m2 and it is company owned.
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.
Capitalization Overview
Business is self-funded.
There is a small debt that the owner can clear before selling the business.
There is 1 owner holding 100% shares.
Recent Activity
  • Earlier than 15 days
    Founding Partner, New York City, Investment Bank connected with the Business
  • Earlier than 15 days
    Founder, Investment, Ghent, Corporate Investor / Buyer connected with the Business
  • Earlier than 15 days
    Independent Advisor, Belgrade, Business Broker connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
5 Buyers already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more