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The Firm

Architecture Firm For Education And Senior Living For Sale

California - South, US
Asking Price:
$475,000
Sales Revenue:
$2,828,113
Cash Flow:
$489,795

Priced at $475,000, this Los Angeles architecture firm is selling at a 1.3 multiple with a 433% return on investment! With a team of highly skilled designers and architects with years of experience, this firm has fostered many relationships by designing spaces for children and seniors alike, and have maintained lasting connections with customers, yielding long-term contracts. They use top-notch software to create beautiful designs for educational institutions like colleges and K-12 schools, early childhood centers, senior living homes, and technical projects for communication or industrial companies. Due to their focus on universal and sustainable designs, their plans take into consideration the environmental impact of the design. The owners are dedicated to their work and both take on project management roles as well as business and financial management tasks. Due to one of the owners being ill, they will only be available to train for up to 6 months; however, the second owner can stay on for 2-3 years as negotiated.

The 3,000 square feet of space is well-suited to this company’s team. A welcoming reception area greets visitors while private offices, conference rooms, and large open drafting areas are tailored to the staff. The team of technical staff (8-9) and architects (2 owners and 2 contracted associates) are supported by the Office Manager and a bookkeeper.

Growth in the Los Angeles area is great. A focus on educational facilities alone could generate additional contracts for long-term development and modernization projects. Working for entities with bonded projects is also an area for sustained work as these funds are less susceptible to economic fluctuations.

Property Information

Real Estate:

Lease

Location:

Los Angeles, California

Premises Details:

Lease: 3,000 sq. ft.: Reception, private offices, conference room, large open drafting areas

Business Operation

Expansion Potential:

Expand work in senior living and educational institutions, build focus on government projects, grow the customer base to include additional school districts

Reasons for selling:

Owner 1 has an illness. Owner 2 is planning to retire.

Employees:
15: Office manager, PT bookkeeper, technical staff, contracted associate architects
Years established:
1994

Other Information

Support & training:

Owner 1 will stay on up to 6 months. Owner 2 will stay on 2-3 years, as negotiated

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Purchase Price: $475,000

15% Buyer Down Payment $71,250
15% Seller Financing or Equity $71,250
70% Bank Loan $332,500

A 15% down payment of $71,250 returns $308,489 in the first year after debt payments!

Related Documents:

Contact The Firm

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