Key highlights
Basic information
The subject of the sale is a 100% share in an established company specializing in the manufacture of wooden components for the furniture industry, including real estate owned by the company.
The subject of the sale is a 100% share in an established Slovak company focused on the production, sale and supply of furniture with stable sales. The company specializes mainly in the production of furniture for hotels, offices, gastronomic establishments and medical facilities. The company has been operating on the market for almost 10 years.
The company specializes in high-end furniture, and is able to offer its customers comprehensive solutions, including services from consulting and design services to the actual assembly of furniture in buildings. The company has many positive references from its customers and has a very good reputation in the market.
The company currently has 22 employees. The owner of the company currently deals with the general management of the company and communication with customers. Should this be necessary, the owner is open to discussions about his remaining in the company as a manager. The owner sells the company due to the transition to another sphere of business.
The production itself takes place in a leased production hall, within a larger production area. If the capacity needs to be expanded, it is possible to rent additional buildings, halls and warehouses in the complex for a short time or for a relatively long time.
The company is financially sound, not in debt, has only a few leases with installments of up to EUR 1,500 per month. It generates a stable amount of sales, and was not significantly affected by the coronary crisis. More than 95% of the company’s revenues come from deliveries to customers in Slovakia.
The stated price includes cash in the company, material and working capital in a standard, average amount.
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