Modernized Wood Processing Plant in Saarland Equipped with CNC Technology
Company Description
Property for Sale:
Warehouse and production building, including equipment for woodworking (joinery, carpentry, furniture production)
Location:
Saarland
Property Highlights:
• More than 7,000 m² of fully developed land
• Quiet location yet conveniently situated, approximately 30 km from the nearest regional center
• Built in 1994 with renovations in 2016 (wood chip heating) and 2019 (administrative area)
• Building structure in very good condition • Primarily ground floor, with some upper-floor space; no basement
• Approximately 4,200 m² of usable space, including approximately 2,100 m² of workshop space, 600 m² of warehouse space, 80 m² of administrative space, 80 m² of common areas, and 1,300 m² of paved areas
• Gross income (imputed annual rent) of more than 200 TEUR
Key inventory data:
• The inventory is geared toward the woodworking industry (carpentry, joinery, furniture manufacturing).
• Key equipment items:
o CNC machining center with veneer press, including accessories
o Edge-gluing machine
o Panel saw, including panel storage
o Vertical CNC machining center
o Wide-belt sander
• In addition, the inventory includes other machines and small equipment that complement the machinery and remain operational, as well as office furnishings, IT infrastructure, and inventory with a total value of over 100,000 EUR; however, these were largely not taken into account in the valuation.
Transaction Type:
Both the property and the inventory will be transferred debt-free as part of an asset sale. Current market and fair market value appraisals are available.
Asking Price:
The market value estimate for the property is approximately 1.9 million EUR; the fair market value of the inventory is approximately 644 TEUR, based on an appraisal. The seller is willing to sell the entire package for 2.49 million EUR.
Industry sector
Production