Established Architectural Firm

Cleveland, OH
listing image
Asking Price:$450,000
Gross Revenue:$800,000
Cash Flow:$242,789
BUSINESS DESCRIPTION

Empire Business Associates, a merger and acquisition firm, represents a Niche Architecture Firm.
This Niche Architecture Firm has been offering architectural services to surrounding communities of Cleveland for over 30 years. The Architecture Firm is dedicated to implementing creative and modern approaches in traditional architectural practices. By utilizing advanced technologies and software, they enhance the design process for efficient project completion without sacrificing quality. Embracing technology enables the firm to drive innovation in design and stay ahead in the industry. The firm also prioritizes customer service and customer satisfaction within their community.
Their extensive experience spans both residential and commercial projects, encompassing a wide range of structures such as:
• Churches
• Hospitality Venues
• Recreational Spaces
• Healthcare Facilities
• Offices
• Light Industrial Buildings
• Apartment Complexes
• Single-Family Homes
• And More…



INVESTMENT CONSIDERATIONS

There are numerous benefits for the buyer, who purchases this established business, including:
• The company has been in business since the 90’s, and its focus has always been on providing the best quality and commitment to their customers.

• The company has outstanding relationships with hundreds of customers.

• The Architecture Firm has earned a reputation for their excellent customer service and services.

• The current owner is willing to assist in an orderly transition.

• This business opportunity is also unique in that it offers significant growth potential with no major capital investment required.



FINANCIAL INFORMATION

12/31/21 12/31/22 12/31/23

Sales $676,046 $752,001 $800,635
SDE $228,172 $263,273 $236,958



REASON FOR SALE

The owner has reached a point where they are happy with the progress they have made with the company and are ready to retire and spend time with family and friends.

PRICE

The purchase price for the business is $450,000 which includes the following assets of the business: customer list, existing booked business, office equipment, goodwill, and going concern values attached to the company. Working capital is not included.



The information contained in this document is provided solely as a guide to some of the more commonly asked questions regarding this business. The broker, or his agent, has not verified this information, and we do not warrant the accuracy of this information.


DETAILED INFORMATION
Location
Cleveland, OH
Inventory
Not Included in asking price
Real Estate
Leased
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Ben
Sutterlin
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Ben Sutterlin