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Listing ID: 2740901
Total of 8 buildings with a total area of 6357.52 sq. m
All plans of building attached to the documents section. - 629.26 square m: Lacquer workshop - 2139.85 square meter: Wood preparation workshop - 218.33 square meter.: Domestic industrial premises - 682.72 square meter: Household production facilities - 1684.24 square meter: Woodworking workshop premises - 714.84 square meter: Assembly workshop
The Lithuanian furniture, wood processing has long-standing traditions in producing high quality products. The industry is well-developed - modern production facilities are utilized and the workforce is highly skilled. Lithuanian companies produce a wide range of furniture and majority of production (85,2 %) is exported. Lithuania is the fifth biggest IKEA supplier in the world. Furniture industry accounts for about 2.5 percent of GDP employing about 27 000 workers or 2.9 percent of total employment. Major export destinations for Lithuanian furniture industry in 2015 were Sweden (25.6 percent of total Lithuanian furniture exports), United Kingdom (12.2 percent), Sweden (11.2) and Denmark (10.2 percent). These four countries accounted for almost 60 percent of Lithuanian apparel industry exports.
Expansion available building on existing land, renting or buying existing neighboring buildings.
Business guest accommodation available in main office building.
Ex owners of the business could provide the support (informational, technical, etc.) for the agreed term in order to successfully transfer the business for the new owners. All contact information to the suppliers of raw material and customers for production will be provided to the business buyer.
It is possible to use EU funds to finance new production facility buildings, purchase new machinery, also for investments in to the infrastructure. The subsidies can be up to 70% of project value.
Shortage of business cash flow, business has to be declared bankrupt.