Company history/background
Furniture workshop offered for takeover.
Company activities
The company specializes in manufacturing custom-made cabinets for home or office interiors. The focus is on custom cabinets for all purposes and, to a lesser extent, on kitchens. The managing director is actively involved in production and installation. Share transaction based on a market-compliant multiple supplemented by a net cash position.
Unique selling points
- Good brand recognition in the region, second generation - +50 years active in the market;
- Well-maintained machinery;
- Good accessibility and visible location;
- Employees: < 5
- Value: 770,000.00 euros
- EBITDA: 181,000.00 euros
Other
- Good reputation;
- Primarily B2C;
- Solid profitability, stable margins;
- No customer concentration;
- Loyal customers, who also provide word-of-mouth advertising;
- Growth opportunities;
- 100% debt-free;
- No real estate in the company;
- Property for rent for a long period if desired;
- Great opportunity for both an ambitious MBI candidate with practical experience in the sector and an established player looking to expand.
Personal data
Region
Antwerp
Sector
Construction
Type of company
Finishing companies
Legal entity
Limited Company
Type of transaction
Shares
Life phase enterprise
Growing
Employees in FTE
< 5
Type of buyer
- MBI candidate
- Strategic acquisition
Financial information
Turnover last financial year
€ 500.000 - € 1.000.000
Asking price
€ 250.000 - € 500.000
Earnings before taxes
€ 100.000 - € 250.000