Fast Growing Furniture Manufacturer For Sale

Business description

Fast Growing Furniture Manufacturer For Sale
• Ruse, Bulgaria

Summary
Asking price: € 9,000,000
Sales revenue: € 3,400,000
Net profit: Undisclosed
Years established: 9

Business Description
The company has been established in 2000. For just a few years it is now the third biggest furniture manufacturer in Bulgaria. The company specialized in internal wooden and chip-board furniture and doors. It owns its factory premises spreading on 20 000 sq. m.: factory with 3 880 sq. m., office building on 4 floors – 1 220sq. m. Sales have been rocketing - year on year and still increasing even in the recession. Many successful projects have been completed in the UK – Heathrow airport terminal, Germany – Radisson SAS hotel, many shops and office buildings etc. At present there are 150 workers busy on permanent contracts and many sales representatives across Europe.

Property Information
Property: Owned
Location: Key location that opens the scope for both the European and Asian markets. Situated in Ruse – Bulgaria which is on the border with Romania and a big port on the Danube river.

Other Information
Expansion potential: Business has been growing every year since inception. Targeting to increase sales in UK and Germany and open some new European markets.
Support & training: As required
Reasons for selling: Other business interests
Fixtures value: Undisclosed
Stock value: Undisclosed

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