Architectural Services Firm with $71 Million in Multi-Year Government

Seller Financing Available

Architectural Services Firm with $71 Million in Multi-Year Government

A professional architectural services firm with a focus on historic restoration design work and federal, state, and municipal government contracts. The award-winning firm has a strong reputation for excellence, ethics, and high-quality work, which has led to significant success in securing highly sought-after government contracts. The firm's experienced staff and proven track record offer a compelling acquisition opportunity for buyers looking to enter or expand in the government contract market.

Investment Highlights

Contracts worth $71 million in place: The business has federal, state, and municipal government contracts for architectural design work and construction management services for the next 3 to 5 years. All contracts are transferable and provide growth opportunities with continued access to additional future projects and contracts. Highlights of the current contracts held by the firm are detailed in the table below.

Recurring and predictable revenue: These low-risk, prestigious contracts are each at a different stage, providing a manageable workflow and opportunities to maximize money for each contact and create future work.

Strong relationships for over 50 years: The firm’s stellar reputation for its quality of work, skills, and commitment to meeting the exacting standards of federal and state agencies has led to its success in obtaining multiple highly sought-after contracts with the same agencies for over 50 years, with multi-year contracts in place.

Indefinite quantity contracts: This type of government contract (IDQ) is much sought after as the proposals have been reviewed, fees have been accepted, and tasks are awarded on a quality base. The government reviews ongoing project work, and the firm has the leverage and positioning to be considered for additional projects and contracts based on the fact that it won this contract.

No change of control issues: The current contracts can be freely transferred and sold. Once a contract has been won, the government does not get involved in the running of the contract and there is no ongoing negotiation of fees – that is all dealt with before the contract is awarded.

Buyer does not need to be a licensed architect: Due to state provisions where the business is currently based, the firm does not need to have a licensed architect as an owner/buyer as long as there is a licensed architect who manages the corporation and is familiar with contracts, the response to the proposal process, etc. If the company ends up registered in another state, the licensing requirements may differ.

Operations and quality control: The company maintains quality control measures for the preparation of all construction document sets, including drawings and specs for work performed by the firm and any sub-consultants.