Established custom furniture production with a rapidly growing turnover

Trenčiansky kraj, Slovakia

listing nr.: 240013

Photo is illustrative
Valuation 1 400 000 €
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.
260 000 €
Revenues 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.
2 000 000 €
HistoryDuration of business operation.
5 year
EBITDA 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.
400 000 €
EmployeesThe number of employees employed in the company on a permanent employment contract as of the date of publication of the offer.
5

Basic information

The subject of sale is a 100% share in a carpentry company, focused on the production of custom-made wooden furniture for customers from individuals and companies. The company works on the basis of direct orders from clients, and can provide customers with a complex solution from graphic design to assembly. The company has been operating on the market for only 5 years, but the company has been growing rapidly since its foundation in terms of turnover, number of customers and profitability.

The company’s strength is mainly the ability to make custom-made furniture according to the client’s preferences, from design, through focus, production to assembly. The new CNC center allows the company to process material with high precision. The company is also able to produce upholstered furniture such as sofas, armchairs, chairs or beds. The company acquires customers mainly by direct contact and on the basis of references, possibly through a sales representative, advertising on the Internet, through social networks.

The company operates in leased production premises and has modern machinery at its disposal. The carpentry workshop includes, among other things, a painting booth and a CNC machining center worth 140,000. EUR procured in 2023.

The company is financially healthy, it currently operates without credit financing from banks, it only uses leasing for cars and machines. The current value of unpaid parts of leases is at the level of 260 thousand. EUR.

Currently, the company has 5 permanent employees, of which 1 administrative worker and 4 carpenters. The owner is currently minimally involved in the company, he devotes himself to the maximum of delegating tasks to an administrative worker, the operation is independent from the owner. The reason for the sale is only the owner’s busy schedule due to other business activities outside the region, the owner has no other reason to sell the company, as it operates relatively independently.

Overview of the company’s financial results

 

Tangible property

  • CNC machining center r.v. 2023
  • CNC machining center
  • suction system
  • 2x edge bander
  • formatting saw
  • painting booth
  • belt sander
  • extraction table with accessories
  • file of other machines
  • screw compressor
  • automatic gluing machine
  • commercial car
  • passenger car
  • stocks and material

The total purchase price of the machine portfolio was approx. 450+ thousand. EUR

Intangible assets

  • business relations with clients
  • professional team of carpenters
  • certifications and licenses
  • websites
  • know-how

Rentals

Production premises

  • the lease is concluded for 10 years until 2030
  • lease for an indefinite period with the right of pre-emption
  • rental amount: approx. 1.8 thousand EUR per month

Employees

  • 1x administrative worker
  • 4x carpenter

Indebtedness

Leasing on tangible assets with an outstanding part totaling 260 thousand. EUR

  • payable between 2024-2028
  • monthly installment currently 8.9 thousand. EUR

Annual sales

  • 2021: EUR 500,000
  • 2022: EUR 950,000
  • 2023: EUR 2,000,000
  • 2024 (estimate): EUR 2,200,000

Annual normalized EBITDA

  • 2021: 120 thousand EUR
  • 2022: 400 thousand EUR
  • 2023: 400 thousand EUR
  • 2024 (estimate): 500 thousand EUR

Note: The normalized EBITDA of the company was calculated as the real profit before depreciation that the company is able to generate, ie the profit that is cleaned of possible one-off, non-standard , optimization and with the main activityother unrelated costs.

Other information

  • History: 5 years
  • Reason for sale: owner’s busy schedule (new business activities outside the region)
  • Legal form: s.r.o.
  • Subject of sale: 100% share in s.r.o.

 

I am interested

Ing. Jozef Plešovský

M&A associate

+420 723 994 078
plesovsky@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).