Established wood manufacturer focused on the production of stair parts

Pardubický region, Czechia
listing nr.: 200032
Listing no longer active

This listing is no longer active

The company has either been sold or we have withdrawn the listing. We no longer provide detailed information about it.

Asking price 6 700 000 Kč270 000 €
Bank debt
no debt
Revenues
16 500 000 Kč680 000 €
History
19 years
EBITDA
900 000 Kč40 000 €
Employees
15 employees
Amounts in

Valuable real estate

Skilled staff

Low competition

Basic information

The subject of the sale is a company focused on the production and supply of stair parts intended for the production of wooden stairs. The company has a history dating back to 1996, in the past it was also engaged in the production of saunas and garden furniture, but in 2007 the company changed its focus, brand and production program. In 2009, the company began to specialize in the production of wooden stair parts for customers – manufacturers of stairs.

In 2017 and 2018, the company went through a crisis, when the company lost its main customer, but the company quickly recovered from the crisis and gained new customers. At present, the company has 5 customers, manufacturers of stairs from abroad, which produce a total of about 500 stairs every week. All production is aimed at customers abroad, especially in Western Europe. The company handles about 400-500 orders per month.

In 2019, the turnover and profit numbers returned to almost the original level and the estimate for 2020 is even better. Until 30.6. the company achieved a turnover of CZK 8 million. The company also increased the price by 15%, so it is estimated to have a turnover of about CZK 20 million and a profit of about CZK 1,000,000.

The company is based in its own premises, equipped with a relatively modern machine park. An expert valuation was made on the value of real estate and machinery in 2018. The company is not indebted.

The owner is engaged in order processing and communication with customers in the company, which takes approximately 4 hours a day. The owner is, of course, willing to help the new owner with the transition. The transfer price should be paid at once, the possibility of long-term installments is not possible.

Tangible assets

  • production machines worth approx. 900 thousand CZK
  • production workshop equipment

Intangible assets

  • supplier-customer relations
  • know – how

Property

  • production hall and land
    • production workshop: 1 158 m²
    • land: 1,541 m2
    • estimated value: CZK 4.4 million

Employees

  • 15 employees
  • no debt

Total annual turnover

  • 2017: 12,5 mil. Kč
  • 2018: 14,5 mil. Kč
  • 2019: 16,5 mil. Kč
  • 2020 (estimate): 20 mil. Kč

Annual profit (EBITDA)

  • 2017: – 1,1 mil. Kč
  • 2018: -0,3 mil. Kč
  • 2019: +0,9 mil. Kč
  • 2020 (estimate): +1 mil. Kč

Other information

History: 13 years

Reason for sale: age of the owners

Legal structure s.r.o.

Structure of the sale: 100% share in s.r.o.

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