Woodworking Factory
Location Latvia
Asking Price Range < $250K
Gross Revenues $480000
Net Profit / Cash Flow $180000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1994
Number of Employees 100 - 200
Relocatable Not Disclosed
Number of Employees 100 - 200
Real Estate Owned
Description Price $3,000,000. The business constitutes a woodworking factory with long-term contracts of right of state woods' use till 2047. The state woods' total area is 6,850 ha. The Factory's land is 63,069 mq. The total area of the industrial buildings and departments is 22,656 square meters, office block - 1,090 mq. The factory's main activities are:- harvesting, - bucking, - producing of windows, doors, package boards, pallets, cylindrical stakes, wood chips and other woodwork finish, also garden pavilions and any kindof furniture from solid wood. The factory owns eight drying chambers with total volume 350 cubic meters ofcarving wood, filling station for three types of fuel, automobile weighbridge, boiler-room with three boilers, wood sawing machinery and wood delivery machinery. They are: wood impregnation department and cogeneration station to generate 1 mgw of electricity.Advantages Provided with raw wood on the basis of long-term contracts. In the neighborhood with frontiers if Russia and Belarus where additionalraw wood could be purchased. The woods are close to the factory, integrated products can be exported.Wood price level is lower than on the auction market. Options of the wood types according to the current needs. The factory is located in the region supported by the State and theEuropean Union (the factory developing was financed with the EL) funds andinterest-free credits). Forest exploitation and transporting works in theregions suffered from the storm are to be compensated for the period of 2007-2013. The factory is equipped with modern machinery and equipment: machineswith software, processing lines.Having the cogeneration station done the generated electricity could be soldto the State, at the same the boiler-room can be shut down and the heat could be sold to the municipal boiler-room located in the neighbourhood. The factory do not have any dept to creditors. Contact for more information on this Woodworking Factory for sale.
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