FOR SALE Top class furniture retailer with two large showrooms in Estonia
Business information
Sale topic | For sale company |
---|---|
Industry | Retail sale of furniture |
Location | Estonia |
Person count | Full-time 7 persons |
Adjusted revenue | 530 000 EUR |
Asking price |
950 000 EUR |
In the 25 years of its existence, the company has grown steadily and dynamically. The company has two large stores in different parts of Estonia – in Tallinn and Narva.
The company is mainly active in the sale of bedroom and living room furniture and accessories. The company works with more than ten brands from Europe, America and Turkey. Most products are in stock and do not need to be ordered separately.
The company’s customers are middle-class and wealthier Estonians.
There are few competitors – 10-15 companies selling high-quality furniture – but the company has the advantage of a wider range and much lower prices.
The company has good development opportunities to expand its product range and open new salons in Finland and the Baltics.
Asking price justification
According to the information received from the seller, the payback period is two years and the value of the stock is 200.000 euros.