Niche manufacturer of specific furniture for healthcare sector

Asking price Price on request

Description: Production and sale of specific furniture intended for elderly and disabled people. Large and established customer base of care institutions. Company with strong reputation and innovative products in this niche. Top quality, customized advice and strong service are assets of the company. Various further growth opportunities through expansion of geographical area of operation as well as at product level through expansion of range.

Organization: > 14 FTEs, excluding management. Skilled and motivated employees, solid team.

Customers: Mainly B2B, limited share of B2C.

Financial: Nicely profitable and profitable with turnover > 2,6 mio EUR, normalized EBITDA > 385,000 EUR, net profit > 220,000 EUR. Limited debt position.

Transaction: Sale of 100% of shares due to lack of suitable family succession.

Real estate: Company owned, well equipped and located in industrial zone. Market value of property > 860.000 EUR based on estimation by certified valuer.

Asking price: > 2 mio EUR 100% shares, including real estate

Location
Limburg
Number of employees
14
Real estate included
No
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