Well Reputed Furniture Business For Sale

Property Information

Real Estate:

Real Property Included

Living Accommodation:

We have 3 storey accommodation complex that can house over 60 workers plus staff. This also includes a cafeteria for them with a kitchen.

Location:

It is about 10 minutes from the main highway entrance in kahathuduwa. A very wide road with 40ft container access as well. Well carpeted and peaceful neighborhood and more space for expansion

Size in square feet:

45,000 sqft in total

Planning Consent:

All received that can be submitted upon request

Business Operation

Expansion Potential:

With the current technology and machinery we have invested on together with our expert/skilled workers and staff members, With the right leadership and an influx of a bigger working capital there is greater potential for an island wide network as well as reaching competitive international markets. the main competitive advantage is the fact that we possess the skills and technology for both solid wood and particle board furniture and interior works.

Competition / Market:

Only competitors in the industry. We have a very healthy relationship.

Reasons for selling:

It is a family owned business. The second generation has chosen different career paths and the founders need to retire.

Trading hours:

7.30am-4.30pm for factory workers
8.30-5pm staff

Employees:

110

Years established:

40

Other Information

Support & training:

For discussed period of time required personnel will be on board for training and familiarization. Required staff can also be absorbed.

Financing available:

All financial commitments will be borne by the seller. Including staff compensation if required