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Residential Architectural Firm With Multiple Revenue Sources! (17746) For Sale

Northern Bay Area., California - South, US
Asking Price:
$620,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$700,000
Cash Flow:
$131,574

Situated in the Northern Bay Area of California, this listing provides unique architectural concepts for residential projects, from master and upscale facilities to interior designs. Benefited by a strong reputation and positive ratings, the company specializes in custom high-end residential work (90%) and has dabbled in multi-family ventures as well. Ready to capitalize on recent work with new fire-resistant builds that’s given a strong niche in the industry, a strategic buyer can take business to the next level. In fact, new ownership would do well to concentrate on expansion in the Northern California and the multiple fire zones of the Sierras and northern counties. Two experienced nonunion employees are likely to remain post-purchase and facilitate streamlined operations during a smooth transitioning period. The leased administrative space of 1,100 square feet is located in a desirable area and there is an opportunity to expand the space if desired; it is on the first floor and attractive to walk in clients. Mostly servicing North California with some projects in Nevada, Oregon and Hawaii as well, the marketing efforts focus on referrals from recurring customers, company website and organic digital traffic, additionally internet and print media ads have brought in new clients. Current ownership will be available for a smooth transition. With flexibility for growth optimizations and expansions, 2021 sales are on target to pass $700,000 with profit margins over 50%, a strong rebound from last year. Revenues for 2020 were adversely effected by the pandemic, but still reached $388,502 alongside Discretionary Earnings of $131,574, based on an independent evaluation!

Property Information

Real Estate:

Lease

Size in square feet:
1,100+/-

Business Operation

Reasons for selling:

pursuing other interests.

Trading hours:

Monday to Friday from 8AM - 6PM or by Appointment.

Employees:
2 nonunion.
Years established:
1991

Other Information

Support & training:

Smooth Owner Transition Period.

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

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$81,301 - included in the asking price