Architectural, Engineering and Forensic Services
Cash Flow: | $419,244 |
Rent: | $5,365/Month |
Gross Revenue: | $1,102,815 |
Established Year: | 1980 |
This business is currently under an exclusive Letter of Intent. If you are interested in being notified on it's status once the exclusive period ends, please respond to this add and you will be placed on our list to be notified if it comes back on the market.
The Owners are anxious to sell and are open to reviewing offers. The founders of this architectural/engineering firm met at college freshman orientation, little did they know that together they would launch a business that would span 4 decades and remain successful and financially profitable through the ups and downs of many different economies. The firm opened its doors in 1980 and is still owned, managed, and operated by the original founders.
The Company has done exceptionally well the last two years, in spite of the Covid outbreak. For the year 2021 they were fully recovered with revenue and cash flow back to pre-covid levels.
Both owners are aware of their importance to the success of the Company and retention of clients. As a result, one or both are willing to stay on for up to two years or possibly longer if need be. They are also willing to provide full-time services through either a consulting or employment agreement at a negotiated rate less than their current compensation.
The firm is a general practice design firm, located in central Houston. The practice serves a variety of project types, including commercial, institutional, and residential projects. The principals have a wide range of architectural and engineering experience and skills which have enabled them to expand their practice over their 40-year history. They also offer due-diligence inspection services, remedial design services, and forensic analysis reports.
The company’s services break down into 3 general categories: Architecture, Structural Engineering, and Forensic Analysis services.
Architectural Services consist of the following:
* Planning and due-diligence
* New residential design
* Residential remodeling design
* Commercial design
* Institutional design
* Historic preservation
* Construction Administration
Engineering Services consist of the following:
* Structural design
* Forensic failure analysis
Forensic Analysis has been a fast growing category over the last 25+ years consisting of the following:
* Code/Regulatory review
* Accessibility compliance
The Company’s current client base comes from a large number of sources. They attract clients from the general public, commercial developers, new home builders, remodeling service companies, state and local government agencies and law firms, just to name a few.
The most exciting and expanding source of business comes from the forensic analysis services the company provides. This is a very high volume and low cost service to provide. Not only is it profitable, but there is very few competitors that can claim the same experience in this growing business segment. This is a great opportunity for existing architectural and engineering firms to broaden its practice in the Gulf Coast/Houston area or to expand their existing firm into this geographic area.
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