Niche Architecture And Design Firm With 2 Million WIP For Sale

The firm specializes in church projects and high-end
research & development laboratories with a client base
consisting of religious organizations and medical
equipment companies. Their workload consists of 75% in
churches, schools and places of worship, and 25% R&D
and Medical laboratories with 98% of the client base being
repeat or referral with some having a 20+ year tenure. The
list of comprehensive architectural services offered include
feasibility studies, design, entitlement, and interior design,
ensuring a seamless process from concept to completion.
The seller does little to no billable client hours but does
provide general oversight to the team and financials. The
operations are supported by a dedicated team of 10 full-
time employees, including a Sr. Licensed Architect, 2 Jr.
Architects, project managers, and administrative
personnel. The office space is 4,500 sq ft and supports all
daily functions – it is a collaborative work space with modern
amenities. Planning for retirement, the seller is offering to
stay onboard for 1-2 years post close to provide a
successful transition of ownership. Additionally, the seller
has offered to carry 10-15% of the purchase price to show
his vested interest in the continued success of the
business. With more than $2.2 million in work-in-progress
and a proven track record of five consecutive years of
revenue growth, this business is primed and ready for a
new owner to step in and continue operations.