Furniture Plant Business For Sale

Business description

Dynamically developing business group “PromArt” is working successfully in the market of MDF product within 7 years. The range of products is covering all MDF products with foil PVC:
• Furniture panels of different configurations (milled, bent, frame);
• Cover plates on the doors, profile, cornices.
Capacity of the factory is 12 thousand square meters per month. 10 thousand square meters of them are wholesale orders; 2 thousand square meters of them are individual orders (this is 10% of the market of Ukraine). Highly skilled experts work at the enterprise. The equipment of leading manufactures of Italy, Germany and South Korea is installed there. The following materials which are high-quality, ecologically pure are used in production: “Kronospan”, “Kronostar”, “Notional”, “Dorus”, “Hornscuch”, “Fine Vynil” and others. Manufacture of wholesale and individual orders is situated on different areas that allow to achieve due quality and timeliness and to provide the minimal cost price too.
Asking price $3,500,000 includes $2,000,000 of property value.

Property information

Real Estate:

Real Property Included

Location:

Prime high street location

Other information

Expansion potential:

The market capacity of the market of MDF products is about 120-150 thousand meters per month. The potential increase of production at the enterprise for the next 3 years is from 10-12 thousand square meters up to 26 thousand square meters that makes about 20% of the market of MDF products in Ukraine.

Competition / Market:

The main competitors are “Greid”, “SVM” city Cherkasy, “TES” from Donetsk and small enterprises. The main advantages of competitors are achieved mainly owing to low cost of realization. The advantages of business group “PromArt” are high quality, individual approach to the clients, wide range.

Reasons for selling:

Business is non-core

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