BulgariaProduction
This manufacturer has made supplies for artists and picture framers for more than three decades
Revenue€420,000
Earnings€93,600
Employees18
LocationBulgaria
Transaction BackgroundSuccession planning
Shares for sale100% sale
Revenue€420,000
Earnings€93,600
Employees18
LocationBulgaria
Transaction BackgroundSuccession planning
Shares for sale100% sale
Company Description
This manufacturer has made supplies for artists and picture framers since 1990. It owns its industrial site in southern Bulgaria: a 7,500 m² plot with about 1,500 m² of production and storage buildings, plus machinery. Some renovation is needed. Filed accounts for 2024 show revenue of €350,000 and EBITDA of about €78,000, and revenue grew 46% from 2020 to 2024. The owners state that actual 2024 trading was about 20% higher, at about €420,000 revenue and about €94,000 EBITDA; the difference is not in the filed accounts. There is no bank debt. The owners are retiring and will support a handover. Asking price: €2,000,000 for 100% of the shares.
Industry sector
Production