Custom Furniture Manufacturer with Real Estate

Presented for sale is a longstanding, well known contract furniture manufacturer that crafts high-quality upholstered and wood exposed products embodying elegance, durability, and timeless style. With a rich heritage dating back for decades, the company enjoys a diverse and loyal customer base with numerous clients in the government, education, healthcare, corporate office, and hospitality industries.

The company’s nimble manufacturing processes allow it to create custom/made to order chairs, sofas and other furniture efficiently to fit the customer’s needs. The business is housed in an 82,000 sq foot facility that has significant excess capacity and that would be perfect for adding additional manufacturing operations.

As an advocate for responsible manufacturing, the company prioritizes sustainable practices and ethical sourcing. The materials it uses for its products are sourced from reputable suppliers who adhere to strict environmental requirements, ensuring minimal ecological impact.

The company would be particularly attractive to a domestic manufacturer looking for a fast and efficient way to enter additional markets. With many manufacturing facilities being relocated back to the United States, this is an opportunity to acquire a solid manufacturing platform in the heart of North Carolina’s furniture manufacturing region.

Total Sales: $3,100,000

Cash Flow: $282,000

FFE: $345,000

FFE Included: Yes

Inventory: $275,000

Inventory Included: No

Year Established: 1974

Managers: 3

Absentee Owner: No

Real Estate: $1,100,000

Real Estate Included: Yes

Type of Location: Manufacturing Facility

Square Footage: 82000

Franchise: No

Relocatable: No

Facilities Information:

Business sits on +/- 7AC with 82,000 manufacturing facility. Plenty of room to expand on site, or bring in additional product lines for production.

Reason For Sale:

Retirement

Training & Support:

The seller is willing to train and provide support for up to 2 weeks after the sale. In addition - an extended Transition time may be negotiable.

Competition:

The company excels over its competition by offering a more tailored furniture solution while remaining flexible and adaptive to the changes required by their high end clients. The company’s nimble manufacturing processes allow it to flex lead times to meet project requirements, which gives it a competitive edge. Given the location, this business has unique access to extremely talented and specialized labor. Of the fully staffed team many have been in the furniture mfg trade for decades.

Potential Growth:

Growth opportunities include adding additional product lines and adding new opportunities by rationalizing the sales channel. If the buyer were already operating in a parallel industry, there could be significant opportunities for additional revenue through the buyer’s existing sales channels.

Financing/Terms:

Seller Financing is a possibility depending upon the Buyer and Transaction Terms.