MANUFACTURER OF WOOD AND UPHOLSTERED FURNITURE

Virginia & North Carolina

Seeking sale of the business and real estate. A.C. Furniture Company, Inc. has provided quality furniture to many well-known customers in the hospitality, healthcare, and food service industries since 1977. Capacity to produce up to 7,000 pieces of furniture per week. Currently employs more than 200 skilled craftsmen. 2019 revenue in excess of $16 million.  Accelerated sale process is underway.

Overview

  • Contract seating to hospitality, healthcare, food service
  • Upholstered and wood
  • 1,000,000 sq. ft. of manufacturing and warehouse space
  • Average of 7,000 pieces produced weekly
  • 300,000 – 400,000 raw frames are in stock at any given time
  • Non-Union Employee Base – strong experienced labor pool available

 

Highlights

  • Outstanding customer base and reputation
  • Massive manufacturing capacity
  • Markets demanding just in time domestic manufacturing
  • Quality products – compelling customer value proposition
  • Limited competition
  • Experienced management team
  • Sustainability conscious operation

Assets Include

  • Substantially all assets:  Real estate, M&E, inventory, AR, and intellectual property including existing designs

Key Contact:

Fred Cross

(443) 951-4843

Please see the Investment Teaser then return a completed Confidentiality Agreement by email to Debbie Beall for further information.

Offered by authority of the US Bankruptcy Court, Western District of Virginia, Case #: 20-60200