FOR SALE Furniture factory in Southern Estonia
Business information
Sale topic | For sale company, business premises, real estate |
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Industry | Furniture industry |
Location | Estonia |
Person count | Full-time 36 persons |
Adjusted revenue | 1 220 000 EUR |
Asking price |
800 000 EUR + properties |
The business was established in 1996. The business is in the furniture manufacturing industry: solid wood furniture and soft furniture. The basic materials used in production are pine, birch, beech, oak and ash. Most of the production is done in Estonia. The facilities in which production is done also host a store. Revenue is 1.2 million euros.
Asking price justification
The value of the stock is around 400 000 euros, the machinery and equipment around 250 000 euros and accounts receivable around 145 000 euros. The seller has a price estimate on the property.