Furniture Company for Sale in Satu Mare, Romania

- The business was started 23 years ago with a number of 34 employees.

- In the last 3 years, the turnover increased from €2.49 million to €3.19 million.

- Business is 66% B2B and 33% B2C. B2B is by supplying to distributors and B2C is through our store.

- We exported furniture to more than 20 countries in Europe, Russia, Ukraine, Azerbaijan, Japan, USA, with the number of clients exceeding 200 companies.

- Have participated in more than 15 International Furniture Exhibitions, ISaloni Milano, Moscow Trade Mebel, Bucharest BIFE, Cologne IMM.

- We have our own brand of classic premium furniture, which is known as the best known Romanian furniture in the market of the Republic of Dagestan, Russian Federation.

- Drying wood capacity 200 m3/ month => 2,200 m3/ year.

- Processing capacity - Solid wood up to 3000 - 3500 m3/year.

- Processing capacity painted MDF = 30,000 sqm/ year.

- Target Turnover = € 3.5 million - € 4.0 million / year.

- Estimated yield = 10% - 15% / year, based on the type of products.

We produce classic furniture in series for Eastern Export and contemporary furniture to order in Romania, which includes living room sets, dining sets, cupboards, beds, dressing tables, kitchen furnishings etc.

Also produce painted MDF on a robotic line for the Romanian market.

1. We have a property of over 2.35 Ha of land and over 9,390 square meters of industrial buildings and warehouses. Wood drying rooms 240 sq m.

2. Equipment.

Primary sectors = Multi rip saw machine cosmec/ surface planers for woodworking (4 surfaces) /thickness planer machines.

Automatic processing sector = 5 axes CNC - 2 units/ 3 axes CNC - 2 units/ wood scraping machines/ wood milling machine/ edge banding machines.

Finishing sector = Pressurized cabin for painting 2 units/ polishing and brushing tools/ robotic automatic painting line with 2 cartesian arms.

General Equipment = Heating system with wood waste and sawdust/ gas boilers for drying chambers/ integrated exhausting system.

The value of these physical assets is EUR 5.7 million, but we are offering it for EUR 1.9 million.

We have a property of over 2.35 Ha of land and over 9,390 square meters of industrial buildings and warehouses. Wood drying rooms 240 sq m.

Location is Strada Depozitelor, Satu Mare.

1. Financing is done through current credit lines of €1.5 million and investment loans of €0.9 million. The company's total debts are €2.7 million. All debts are paid within the due dates.

2. Currently, the company has 2 shareholders in the proportion of 95% and 5% respectively.