FOR SALE Company representing high-quality Italian kitchen furniture brands in the Baltic countries

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.

The main industry of the business is wholesale of furniture predominantly to schools, universities, daycares and offices in Estonia and wholesale of project furniture to construction companies and private persons. In principle, completed products are imported from Latvian partners of the business. The business has secured a competitive position on the furniture market and will continue to offer tailor-made furniture with high quality, fast delivery and affordable prices.

The deal does not include the leases or properties related to the business. Thus far, the locations of the business have been located in Tarto.

Extensive growth opportunities, as there are more inquiries than can be answered at the moment. The business plays the role of a “broker” and is not required to by goods och store them resulting in risk-free sales of products.

The business designs and manufactures different production equipment for its industrial business customers.

During its long history the business has established a broad customer base, to which it has completed hundreds of deliveries. The customers are international businesses and products have been exported to tens of countries.

The real estate company has 20 years of history behind it. The company’s business includes apartment rental operations and professional efficient management of eight row houses with 48 residential apartments. The occupancy rate has consistently exceeded 90%.

The company is known as one of the largest private landlords in the city. The company has established operating methods and partners. The rental prices in the city are almost at the level of the regional centre of South Ostrobothnia. The company has been developed annually in response to changes in the operating environment, such as solar panels and an optical fibre network. The apartments have undergone maintenance work annually and are in good condition. A property services company is responsible for the maintenance of the buildings.

A great opportunity to enter the real estate industry or expand an existing real estate business!