For sale An Estonia-based manufacturer of cushioned furniture with a good reputation
|Sale topic||For sale company, real estate|
|Person count||Full-time 20 persons|
|Adjusted revenue||1 100 000 EUR|
223 000 EUR
+ the property 500 000 euros
The business chiefly produces cushioned furniture. The product selection includes different couches, convertible couches, armchairs and footstools.
The largest customers are chain stores in both Estonia and Finland.
The business revenue in 2019 was 1.1 million euros. The share of exportation in the revenue is 85% and sales in Estonia 15%. The share of sales to Finland is 97% of all exports.
Revenue could be increased by 30% annually at the current production facility with the current production equipment.
The current equipment is in good shape, but there are always investment needs.
Asking price justificationThe asking price is predominantly based on the equipment + stock. It is also possible to acquire the business premises (the property).