Please ensure Javascript is enabled for purposes of website accessibility 45+ Year US Based Furniture Manufacturer w/Real Estate | Transworld Business Advisors Eastern-NC UA-161827448-1

45+ Year US Based Furniture Manufacturer w/Real Estate

Listing Number: 13485-961451

Description

This Furniture Manufacturer Entered the US Market in the mid-70's and is Known for Making a Premium "Made In USA" Product Line.

Machinery & Equipment Appraisal Conducted on June 12, 2022, with a Valuation of $2,762,400.

Inventory (at cost) Value Estimated at $400,000 as of 06/12/22.

Real Estate - Over 100,000 sq.ft. of Industrial Office, Production and Warehouse Space on 16+ acres Tract of Land, with Plenty of Space to Expand the Facility. 2022 tax value of $3,807,324.

40 Employees, with 50% of Them Having 10+ Years Tenure.

Seller is Willing to Stay on for a Period of Time to Train and Introduce Buyer to Suppliers, Clients and Staff.

This is the PERFECT Facility to Expand Your Production Capacity, while Adding a NEW Product Line and Much Needed Production and Sales Staff.

Listing Details

  • Price: $ 6,250,000
  • Down Payment: $6,250,000
  • Sellers Discretionary Earnings: $ 0
  • Total Sales: $ 6,884,275
  • Location: Virginia

  • Inventory: $ 400,000
  • FF&E: $ 3,500,000
  • Employees: 40
  • Year Established: 1976
  • Reason for Selling: Retirement
  • Category: Manufacturing
45+ Year US Based Furniture Manufacturer w/Real Estate

Business Listed By:

Tony Khoury
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