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Multi Location Architecture Firm: Owners Will Carry 25% In New York For Sale

New York, US
Asking Price:
$3,950,000 Furniture / Fixtures included
Sales Revenue:
$6,452,099
Cash Flow:
$1,193,986

This architecture firm largely serves the K-12, collegiate, and multifamily sectors. They have provided their services to over 80 campuses across the US! They can work on 20-25 projects at a time, which has allowed both great customer diversity and an incredible 90% client return rate! With 2 prime locations and over $5M in backlog, this firm is currently working with clients in Arkansas, Oklahoma, Texas, Colorado, Florida, Connecticut, New Mexico, Kansas, Missouri, and the New England Area.
There is a robust team of 24 including 1 CFO/Senior Executive, 6 Project Managers/Lead Architects, 12 Architectural Designers, 1 Interior Designer, 1 Marketing Director, 1 Marketing Assistant, 1 Office Administrator, and 1 Student Intern.

The owner is willing to provide a seller carry or roll equity for up to 25% of the purchase in addition to a 4-year transition to show good faith and vested interest in the
continued success of the business after closing. This firm has an immaculate reputation after 30+ years in the market.

Priced at $3,950,000, 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 of the employees are full-time and experienced in their positions, and their leadership team has been well-mentored. This firm’s extensive experience allows them to regularly win projects over larger national entities. Focused largely on K-12 and University work, they will
flourish with the new infrastructure bill and will not fall victim to any looming recession.

Business Operation

Expansion Potential:

Over $5,000,000 in Backlog and committed contracts

Reasons for selling:

Retirement Planning

Employees:
24
Years established:
30+ years

Other Information

Support & training:

4 years

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

25% Seller Financing or Equity
Roll
$987,500
75% Financing & Buyer Cash $2,962,500

Furniture / Fixtures value:
$1,906,531 - included in the asking price
Related Documents:
Relocatable:
This business can be relocated.