A venerable and prestigious architectural firm that has provided designs for everything from commercial buildings to government establishments. The company has doubled its revenue over the past 3 years, and earnings have increased 4X. These are seasoned architects with the credentials and relationships to win Federal contracts for military facilities. Most projects have been located in the Southeast. The company provides the complete spectrum of full services from master planning to design and construction and project management. The company enjoys an abundance of opportunities and must be selective as to the best projects to accept with past clients and new relationships.
- Asking Price:
- $1,015,000 Furniture / Fixtures included
- Sales Revenue:
- $3,381,920
- Cash Flow:
- $468,102
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The main office is located in a stand-alone building located in a quiet professional office park. The location is centrally located in order to service multiple projects throughout the Southeast. The company also has a second office located further north to service additional areas.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The firm's biggest challenge is limited manpower relative to the opportunities available to the firm. "We have identified significant growth potential in K-12 education, universities and State Colleges, city and county governments, State work, Federal work, and the private sector. In several of these markets, we already possess the necessary experience and credential but lack the personnel and time to actively pursue the opportunities." With access to additional qualified personnel, the firm could continue to grow exponentially.
- Competition / Market:
-
The business competes based on its reputation for dependable service, practical design solutions, and disciplined project management. The firm has built its identity around delivering projects on time and within the client’s budget while still providing thoughtful, unique solutions that respond to each client’s specific needs. That combination of creativity, reliability, and budget awareness is especially important in public work, while also being highly valued by private clients.
- Reasons for selling:
-
Although the company is booming, the owner is ready to retire.
- Trading hours:
-
Monday-Friday 9am-5pm
- Employees:
- 9 FT/2 PT
- Years established:
- 51
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Financing available:
-
Lender pre-screened with $105K down.
- Furniture / Fixtures value:
- $60,000 - included in the asking price
- Relocatable:
- This business can be relocated
