Production and sale of furniture with a long history

Jihomoravský region, Czechia

listing nr.: 210035

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is no longer active
Valuation 149 000 € (3 500 000 CZK)
Net debtNet debt is an indicator of a company's indebtedness. It is expressed as the amount of the interest-bearing loan minus the cash in the company.
0 €
Revenues estimate Revenues express the total annual volume of the company's performance, which the company obtained through the sale of goods and services during the accounting period.
328 000 €
HistoryDuration of business operation.
20+ years
EBITDA estimate EBITDA is a financial indicator of the company's operational performance. Annual EBITDA is expressed as earnings before interest, taxes and depreciation in a given year.
38 000 €
EmployeesThe number of employees employed in the company on a permanent employment contract as of the date of publication of the offer.
12

Basic information

The subject of sale is a company focused on the production and sale of furniture with its own showroom and e-shop. The company has been operating for more than 25 years and during its existence has become a stable company on the Czech furniture market.

The company’s production and sales portfolio mainly consists of products such as:

  • chairs
  • beds
  • grates
  • sofas
  • seating sets

The company uses different channels for sales. It sells products through its own store, its own e-shop, and through the wholesale channel. In recent years, the most important channels are the own store and wholesale, which together account for almost 90% of the turnover. The company has customers from the Czech Republic, and the company’s suppliers are material suppliers mainly from the Czech Republic, Slovakia, and Poland. Currently, the company processes approximately 500 orders per year.

Furniture production takes place in our own production halls with an area of approximately 1,000 square meters. The real estate is not part of the sale of the company, but it is possible to negotiate the purchase together with the real estate. The owner is willing to provide the property to the new owner for a long-term lease with a relatively favorable rent. Part of the transfer price is all machinery in the property worth almost 1 million CZK.

Part of the company’s sales is ensured through its own showroom/store, which is owned by the owner of the company. Here too, the property is not part of the sale price, but the owner is willing to provide the new owner with a long-term lease in case the new owner decides not to move the showroom elsewhere. Buying a property with a showroom is not possible.

The company’s price does not include the stock of material, which has a variable value and ranges from 1.25 – 1.5 million CZK.

Tangible property

  • vehicles – approx. CZK 900,000
  • machinery equipment for production premises – approx. CZK 1,000,000
  • showroom equipment

Intangible assets

  • a very good name in the region
  • customer contacts
  • returning customers
  • stable work team
  • established e-shop generating 700 – 1,700 thousand CZK sales

Real estate (not included in the price)

  • Showroom/store
  • Production premises: 972 square meters
  • The amount of rent would be negotiated individually with the interested party (more than approx. 80 – 120 thousand CZK/month)

Employees

  • Working professions: 10x
  • Other: 2x

Indebtedness

  • none

Total annual sales

  • 2016: 16 million CZK
  • 2017: 16.1 million CZK
  • 2018: 16.4 million CZK
  • 2019: 14.6 million CZK
  • 2020: 14.1 million CZK
  • 2021: 11.0 million CZK
  • 2022: 7.7 million CZK

Part of the sales are income from the photovoltaic power plant, which is not part of the sale in the amount of 300 thousand. CZK/year

Annual profit before tax

  • 2016 – 2022: on average 100 – 1,000 thousand CZK

Other information

Length of operation: 30 years

Reason for sale: advanced age of the owner

Legal form: “OSVČ”

Subject of sale: business

I am interested

Ing. Tomáš Šuverík

managing director

+420 731 788 155
suverik@inbase.cz

If you are interested, contact us!

We will be happy to provide you with more detailed information after signing a non-disclosure agreement (NDA).