A fortunate furniture manufacturer will score a quick and inexpensive boost to business by taking advantage of this company restructuring. Available are four complete lines of well-established home furnishings, complete with distribution channels.
Compared to the time and cost of developing new products, this is a rare chance to pick up a showroom ready solution: an array of proven products with a developed base of retailers and buyers. Based on previous sales, acquiring these new furniture lines will add between $2.5 to $3.5 million in annual sales to your manufacturing business.
These products are only available due to an unusual combination of circumstances. The furniture lines were originally developed by a manufacturer who was in business for 30 years. Three years ago, that company was purchased by another successful industry manufacturer. The purchaser’s expertise lay in design and production of architectural wood work. The purchaser bought the company primarily for the land and the extensive and well-equipped manufacturing plant.
The new owner continued to produce all the furniture lines in order to maintain employment and the value of the product while also renovating to adapt the manufacturing plan for architectural woodwork. Those renovations are now complete, so the plant will be used to manufacture architectural components going forward.
Now available are all four established brands of furniture, each with its own image-rich website. These products are completely developed with established sources for materials, manufacturing processes, and up to 30 retailers in western Canada and the U.S. Acquiring these product lines is like getting thousands of hours of research and development. It could push a small manufacturing company to the next level, allowing the impetus to expand across Canada, or give a U.S. company a solid entry to the Canadian market.
The furniture lines range from sleek and modern to solid and traditional. A rustic line trades on one of Canada’s most popular regions and will appeal to those of bohemian bent. Testimonials speak to the quality and longevity of the pieces. All the furniture is high quality, real wood construction. Production is also flexible: buyers can select custom finishing stains and tinctures, hardware, and specific style details.
Designs include furniture for every room in the home, from kitchen to living room to home office. The company has also done commercial work for conference centres, hotels, and other multi-unit custom projects.
It could take a decade or more to develop the lines of products offered in this sale. The buyer will also benefit from the goodwill and positive reputation established during 30 years of business.
