Krause's Sofa Factory
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Krause's Sofa Factory - overview
Location
Brea, CA, US
Primary Industry
Consumer Products
About
Krause's Sofa Factory specializes in manufacturing and distributing a wide range of high-quality sofas and home furnishings designed to enhance residential living spaces with style and functionality. Krause's Sofa Factory is engaged in producing high-quality sofas and home furnishings. The company operates from Brea, US, and has undergone several recapitalizations before being publicly listed as Krause's Furniture, Inc. The company was founded by individuals whose specific details are not disclosed.
It has successfully completed a total of 3 deals, highlighting its growth trajectory. Krause's Sofa Factory offers an extensive selection of high-quality sofas, along with a diverse range of home furnishings including living room, dining room, and bedroom furniture. The company collaborates with renowned brands in the industry while also providing custom design services, allowing clients to create personalized home aesthetics. Their target market includes residential homeowners and interior designers across the United States, with a commitment to showcasing curated collections that feature new products and unique items.
In the most recent fiscal year, Krause's Sofa Factory reported a revenue of USD 155. 33 mn, with an EBITDA of USD -6. 25 mn. The company generates revenue through direct sales of its furniture and home accessory collections, utilizing a direct-to-consumer model that allows customers to purchase both standard and custom-designed pieces tailored to their specific needs.
Krause's Sofa Factory plans to enhance its product offerings with new designs scheduled for release. The company aims to expand into new markets across the United States, although specific regions have not been disclosed. Recent funding from Fairmont Capital was utilized to recapitalize the company multiple times and ultimately supported its public listing as Krause's Furniture, Inc.
Primary Industry
Consumer Products
Sub Industries
Furniture, Department Stores
Website
www.krauses-castro.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Krause's Sofa Factory - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Krause's Sofa Factory | - | ||||||||
| Recapitalisation | Completed | Krause's Sofa Factory | - | ||||||||
| IPO | Completed | Krause's Sofa Factory | - |
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