Colorado Mountain Resort Community Architecture Firm

Colorado
Asking Price:$775,000
Gross Revenue:$462,722
EBITDA:$239,045
Established Year:1973
Cash Flow:$239,045
Rent:$3,000/Month
FF&E:$50,000
BUSINESS DESCRIPTION

Thriving architecture firm in gowing mountain community now available

The Architecture Firm: A Trusted Presence in the community Since 1973

The firm has always provided accurate and comprehensible working drawings to support local contractors. Over the years, they have maintained their commitment to serving long-standing clients, including the second generation of contractors who've taken the reins.

The current leadership team, with a history dating back to the late 90s, possesses extensive experience working with local municipalities and jurisdictions. The firm has established enduring relationships with the local & county building departments, allowing them to navigate local regulations effectively. Despite being a relatively small firm, they have chosen to stay true to their roots and prioritize existing clientele over expanding their operations.

The acquisition of an architecture firm in a community experiencing rapid expansion with thousands of single-family and multi-family units under development presents a substantial opportunity for growth. This ongoing period of high demand in architectural services offers the potential for the firm to significantly increase its market presence either through strategic hires or by merging with a larger office to pool resources and expertise. This strategy would ideally position the firm to capitalize on the ongoing and future projects within the community, maximizing its growth and profitability in the process.

The current team, consisting of one architect, two associate architects and one draftsman, takes pride in producing high-quality construction documents. They have earned recognition from local and visiting builders, suppliers, and building departments for consistent workmanship and attention to detail.

Presently, projects span a range of sizes and types. The firm is involved in many single-family residential projects, varying from 2,500 to over 10,000 square feet, as well as multifamily developments, featuring buildings with 16 to 64 units. In addition to these larger ventures, they have numerous smaller remodel and garage projects in progress.

The firm relies primarily on word-of-mouth referrals to sustain the business, leveraging their well-established reputation within the local community. Looking ahead, 2024 & 2025 promise to be productive years, with a solid lineup of projects already on the schedule. So much so, the team is turning down valuable business on a weekly basis.

The team takes a pragmatic and client-centered approach to their work, allowing their results to speak for themselves. Their long history of service in the area reflects their dedication to quality and reliability.

The opportunity to double or triple the business is very real.

Further details available to qualified buyers with a non-disclosure agreement.


DETAILED INFORMATION
Location
Colorado
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,250
Lease Expiration
31/12/2025
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The sale includes furniture, fixtures and equipment consistent with an office space totally 1250 sq/ft, including a conference table and chairs, 5 modular desks, a larger plotter, software, and more. The office space is owned by the seller and is available for an ongoing lease arrangement. The office space may also be for sale under the right conditions (purchase, lease-purchase, first right of refusal, etc).
Competition
Expansion capabilities abound with limited local competition. Current ownership is ready to retire and is not interested in taking on more staff or working more hours. This has created an opportunity for a new owner to work with the seller on expanding locally.
Growth & Expansion
Resort community real estate and development continues explosive expansion. Limited local architectural capacity exists which drives both developers and homeowners to seek architectural services in Denver and other mountain communities. A firm from outside the local area with staff and capacity could truly expand the business substantially. The current capacity of the office limits to the ability to take on new business and continue to expand. Business exists for at least additional architects.
Support & Training
Transition assistance is planned. The principal architect and the Associate Architects are willing to discuss ongoing employment or contract work.
Reason for Selling
Retirement
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John Sanderson
John Sanderson