This multi-faceted group of designers and purchasing agents has specialized in providing beautiful interiors for over 30 years to their portfolio of repeat commercial clients. The business has an impressive client portfolio that includes renowned names like Hilton Hotels, Marriott International/Starwood Hotels, Hyatt Hotels Corporation, TAJ Hotels, members of the Royal families of Qatar, The Kingdom of Saudi Arabia, and the Prime Minister of Turkey. It has completed more than 220 condo high-rises, hotels & restaurants. The team consists of 1 design director, 1 senior designer, 1 designer, 1 purchasing agent, and 1 bookkeeper. The owner does not do any billable work but oversees strategy and interfaces with key employees. He has limited client interaction as he is only in the office three days per week. The current owner of this
profitable design and architecture firm is willing to stay on for 2-3 years to help ease the transition and is offering to carry 25% of the purchase price with benchmarks plus roll equity of 10% to show good faith in the future success of this firm.Priced at $950,000, with over $2 million in sales and consistent cash flow, this business is primed for a new owner to step in and reap the benefits of this established firm. There is an opportunity for growth in the business development of this organization, as most of their clients are repeat/existing.
- Asking Price:
- $950,000
- Sales Revenue:
- $2,272,828
- Cash Flow:
- $274,822
Business Operation
- Expansion Potential:
-
Increase marketing – No
Advertising or business development Is being done.
All clients are existing repeat customers
- Reasons for selling:
-
Recently married
- Employees:
- 5
- Years established:
- Over 30 years.
Other Information
- Support & training:
-
2-3 years
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
10% Buyer Down Payment $95,000
25% Seller Financing with
Benchmarks
$237,500
10% Equity Roll $95,000
55% Bank Loan $522,500
- Relocatable:
- This business can be relocated.