Listing Number: 13485-963141
Description
This Furniture Manufacturer Entered the US Market in the late-70's and is Known for Making a Premium Engineered Wood Components and Products for the furniture industry.
Machinery & Equipment Appraisal as of 12/2/24 had a valuation of $1,078,050.
Inventory (at cost) Value Estimated at approximately $500,000
Real Estate - Approximately 80,000 sq.ft. of Office, Manufacturing and Warehouse Space on approximately 4.55 acres of land, with excess capacity, and an appraised value of $2,400,000 as of 11/14/24.
35 Full-time Employees, with average tenure of 11+ years.
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.
Ideal for furniture, wood product, or complementary industry manufacturers seeking to onshore or expand their U.S. presence. Operating at 50% capacity, this operation offers significant potential for growth, diversification, and innovation, leveraging 45 years of expertise in specialty wood component production.
Location: Prime Southeastern industrial hub with cost-effective logistics, proximity to key markets, and access to abundant raw materials
Listing Details
- Price: $4,300,000
- Down Payment: $430,000
- Sellers Discretionary Earnings: $0
- Total Sales: $0
- Location: North Carolina
- Inventory: $500,000
- FF&E: $1,078,050
- Employees:
- Reason for Selling: Retirement
- Category: Manufacturing
