This architecture firm has a focus in the higher education and K-12
sector. With 2 locations and a full established staff of over 30
members, this business is able to handle work for 20-25 projects at a
time! The team consists of 31 employees including 2 SVP’s, 1 CFO,
11 architects, interior designers, and administrators. This firm is
currently working with clients in Arkansas, Oklahoma, Texas,
Colorado, Florida, Connecticut, New Mexico, Kansas, Missouri, and
the New England Area. Even with such a diverse client base, their
clientele is made up of 90% return customers! The owner is willing to
carry 20% of the purchase in addition to a 4-year transition to show
good faith as well as the vested interest in the continued success of
the business! This Firm has 20+ years of experience with an
immaculate reputation which is key to having over 4 million in WIP
and revenue projections of 6 million for 2023. Included in the
purchase is over $2.7 million in assets which includes equipment
and accounts receivables.
Priced at $4,390,000, strong growth opportunities exist for this
architectural firm, with only a small percentage of the regional school
district market tapped and a lot of space for winning additional
multifamily contracts. All employees are full-time and experienced in
their positions and their leadership team has been well mentored.
This firm’s extensive experience within the resident client base
allows them to regularly win projects over larger national entities.
Focused on K-12 and University work, this firm will flourish with the
new infrastructure bill and will not fall victim to any looming
recession
- Asking Price:
- $4,390,000 Furniture / Fixtures included
- Sales Revenue:
- $5,936,140
- Cash Flow:
- $986,534
Business Operation
- Reasons for selling:
-
Retirement Planning
- Employees:
- 30+
- Years established:
- 20+
Other Information
- Support & training:
-
4 years
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
20% Seller Financing or Equity Roll $878,000
80% Financing & Buyer Cash $3,512,000
- Furniture / Fixtures value:
- $2,717,293 - included in the asking price
- Relocatable:
- This business can be relocated.