Furniture Businesses for Sale and Investment Opportunities in Europe

- The business was started 23 years ago with a number of 34 employees. - In the last 3 years, the turnover increased from €2.49 million to €3.19 million. - Business is 66% B2B and 33% B2C. B2B is by supplying to distributors and B2C is through our store. - We exported furniture to more than 20 countries in Europe, Russia, Ukraine, Azerbaijan, Japan, USA, with the number of clients exceeding 200 companies. - Have participated in more than 15 International Furniture Exhibitions, ISaloni Milano, Moscow Trade Mebel, Bucharest BIFE, Cologne IMM. - We have our own brand of classic premium furniture, which is known as the best known Romanian furniture in the market of the Republic of Dagestan, Russian Federation. - Drying wood capacity 200 m3/ month => 2,200 m3/ year. - Processing capacity - Solid wood up to 3000 - 3500 m3/year. - Processing capacity painted MDF = 30,000 sqm/ year. - Target Turnover = € 3.5 million - € 4.0 million / year. - Estimated yield = 10% - 15% / year, based on the type of products.

- The company is specialized in sheet metal production, retail and luxury furniture production as well as machine building. - We have our own workshop of 400 square meters and a new building of 240 square meters which is under construction, equipped with CNC laser cutting machines (TRUMPF Laser 2600W and TRUMPF laser 4000W) for sheets and pipes, CNC press brake, plate rolling machine and wide range of welding machines (MIG/MAG, TIG). - We are trying very strong to export our products to the European Union and to enter new markets. Until now we have been working as subcontractors for well-known worldwide companies for retail furniture, office and luxury furniture, automotive industries. - ENECA (a local non-governmental organization based in Nis) which, through the Start for a Job fund, awarded our company a grant for the purchase of equipment. - We were involved in the European Union support program for the development of municipalities - EU PRO - The program is implemented by the United Nations Office for Project Services (UNOPS) in cooperation with the Ministry of European Integration (MEI) and relevant ministries and institutions of the Government of the Republic of Serbia. Successful cooperation in the procurement of new equipment and socially responsible business. - Innovation fund of Serbia - Agreement on non-reimbursed financing of the project in connection with the suppression of the effect of the Covid pandemic (production of disinfection tunnels) and agreement on the financing of the Bioethanol mist burner project. Successful cooperation on the realization of two innovation projects. - We are the owner of the patent Bioethanol fireplace with automatic combustion control. - Since its establishment in 2017, the company records constant growth of around 30%. - We want to expand our business by finding bigger and more reliable partners for metal processing services, which will enable our faster and more intense growth through manufacturing agreements, and subcontracting. - Our country and our local authority have a great deal for foreign investments. The city of Sabac is committed to creating a good business environment. They offer to potential investors a wide range of options for their business, with different benefits. - Have 40 clients but 70% of the orders come from 3 clients. - On average we produce 50 metal tables per month. This will increase when we shift to the new facility soon.

- We deal in the manufacturing of solid wood furniture and have been in this industry since 2003. - The business's operations were shut down temporarily due to Covid. - We have land with an area of 4ha and a built-up of Gross territory under the buildings of 8,129.73 m2 and Net area of 6,981 sqm and a warehouse. - The business has more than 90 machines, 100. Cubic meters of drying chambers. - We have a manufacturing capacity of 15,000 chairs and 50,000 wood elements monthly. - We are suppliers for IKEA and Tarkett. - Currently, we are seeking to lease or to sell. - The business already has ample space for a solar power plant in the existing factory. - Our country has a program to invite foreign investors. According to this program, the government will pay salaries and benefits to all workers for one year or more. - The business has one owner with a 100% stake in the company. - Company does not have any outstanding loans.

Solid Racks are world leaders in ergonomic and innovative architectural storage and building solutions and cater to a growing market for strong and reliable storage solutions. Our products are used globally by Olympians, top sporting clubs, leading physios, world champion surfers, nursing homes, schools, and offices. With the rise in demand in Australia, the team at Solid Racks implemented a dedicated research & development division within their manufacturing plant in Sydney, Australia, after being inundated with requests from consumers wanting individual solid storage solutions for their homes and retail spaces. The Solid Infinity System is patented and is rapidly generated interest from some of the world's largest gymnasiums as well as multi-industry heavyweights who are now clients and converts of SIS gym. 4 years ago we were recognised for space-saving deliverables in pre-hab and rehabilitation, thus being installed in Manly Waters Private Hospital, numerous national physiotherapy practices, and the European Tour Performance Institute's mobile physiotherapy unit for the PGA Golf professionals. This year we developed a new range of stainless-steel storage solutions for watercraft – both mobile and stationary. These units allow dowels to move up and down a channel thus increasing storage and giving much easy access to boards. It is the first type of product offered in the world and is now being used across surf clubs around Australia. Solid Racks patented product awards and accolades include: winners of the Australian ABC New Inventors, finalists in the Australian Engineering Awards, finalists for Innovation Telstra Business Awards, and shortlisted in the Australian International Design Awards to name a few. This year also marks the year that we are looking for partners to help us expand overseas. We are passionate about our product and are extremely confident that a global market exists for us. Distributors do not need a lot of space or investment to become a reseller but we are looking for the right fit.