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Established DIY Furniture Manufacturer For E-Commerce In Shah Alam For Sale

Shah Alam, Selangor, Malaysia
Asking Price:
$100K - $250K (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (USD)
Cash Flow:
$50K - $100K (USD)

Specialized for more than 15 years in designing and manufacturing loose furniture, has strong capabilities in OEM production and a diverse product range including wood, sofas, metal, and spraying furniture.

With established strong relationships with high-end clients like schools, universities, restaurants, homes, and hotels, there is potential for growth in the export market through customization and OEM services.

Stable B2C e-commerce revenue from our flagship store and online platforms like Lazada and Shopee indicates a strong online presence. To enhance this business by focusing on market research, product innovation, branding, customer service, and sustainability practices.

With a solid foundation and strategic approach, the company is well-positioned for continued success in the furniture industry.

Property Information

Real Estate:

Lease

Location:

Our factory Strategic location at Subang U5, to provide best service to our long terms clients within Peninsular Malaysia.

Premises Details:

Factory with Area of 7,200 Sq ft (60'x120') with an original build-up area of 5,000 Sq ft and extensions of 10,000 Sq ft platform with 2.5 story semi detached factory.

Business Operation

Expansion Potential:

To capitalize on the high revenue potential in an expanding export market through customization and OEM services for special design specifications, take these key steps:
1. Analyze the target market thoroughly.
2. Segment the market to tailor offerings effectively.
3. Optimize the product portfolio for customization opportunities.
4. Invest in infrastructure and skilled personnel for customization.
5. Engage customers early and offer personalized support.
6. Promote customization capabilities through targeted marketing.
7. Emphasize the value proposition of customization services.
8. Collaborate with partners to enhance offerings and expand reach.
9. Ensure strict quality control measures are in place.
10. Continuously gather feedback and improve offerings to stay competitive.
Implementing these strategies will strengthen your position and drive high revenue in the export market.

Competition / Market:

Offering customization solutions for loose furniture at reasonable prices, contrasting with competitors' focus on high-end products.
Targeting customers seeking affordable customized furniture solutions. Employing a strong brand identity and diverse marketing channels. Prioritizing exceptional customer service and streamlined production processes.
Collaborating with industry partners and gathering feedback for continuous improvement. Providing value-added services and maintaining a strong online presence with educational content.

Reasons for selling:

The scenario involves a long-established family business with a strong industry reputation, but no successor from the younger generation to take over. The owner is looking to retire and is open to selling the business, with a willingness to stay on for 1 to 2 years to support the new owner if needed. To maximize the business's value and ensure a smooth transition, options include seeking external buyers, conducting a professional valuation, offering transition support, exploring succession planning, highlighting growth prospects, maintaining confidentiality, and conducting thorough due diligence. Through careful consideration of these factors and collaboration with advisors, the owner can secure their retirement plans while ensuring the continued success of the business.

Trading hours:

8.30am to 5.30pm (Monday to Friday)

Employees:
30
Years established:
11

Other Information

Support & training:

We can support or training the prospective buyer with 1 to 2 years contract

Furniture / Fixtures value:
$60,000 (USD) - included in the asking price
Inventory / Stock value:
$55,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.