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Furniture Company for Sale in Panama City, Panama

Manufacturer and installation of high end cabinetry and furniture.
This transaction has concluded.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity S Corporation
Reported Sales USD 240 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 20 - 30 %
Industries Furniture
Locations  Panama City
Local Time 9:39 PM America / Panama
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 150 thousand (Native Currency: PAB 150,000)
Reason: Owners looking to move out of the business.
Includes physical assets worth USD 86 thousand
Interested to connect with advisors
Documents
Business Overview
- We manufacture and instal high-end furniture for commercial and residential customers.
- Have fixed commercial customers, recurring customers, franchise providers and hotel contracts.
- Some of our clients include Grupo Buenaventura, Hotel Bristol, Cafe Unido, JW Marriot, China Construcción, S. A.
- Our revenues amount to more than $ 300,000.00 and we don't spend on marketing relying instead on word of mouth from our clients.
- We are located in the heart of Casco Viejo and we have a rental of only $1,000.00 per month due to an old relationship with the owner of the building.
- No knowledge of the business type needed to continue the business as we have systems and managers in place to help take the business to the next level.
- The current owner is willing to stay on so as to support the new owner to establish himself in the business and the market.
Products & Services Overview
Cabinets, Tables, Live Edge Tables, Carpentry, Kitchens, Bars, Wood Tiles, Paneling, Moldings.
Facilities Overview
170 Metre Sq on ground floor in Casco Viejo, Panamá with lease of just $1,000.00 monthly.
Capitalization Overview
Not Disclosed
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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