Single Family Boutique Architecture Firm
Asking Price: | $830,000 |
Gross Revenue: | $779,869 |
Cash Flow: | $250,014 |
Established Year: | 2006 |
This Architecture firm specializes in a variety of services, with
approximately 75% of their projects being single-family
residential properties, 15% commercial projects, and 5-10%
in multifamily projects. Their client base consists of
commercial developers, property owners, and business
owners who seek their expertise in creating high-end
residential and commercial spaces. With a focus on affluent
neighborhoods such as Beverly Hills, Bel Air, West
Hollywood, and Santa Monica; the majority of their work is
concentrated in the Los Angeles area, but they have also
completed projects in other locations like Miami, Virginia, and
Northern California. The team comprises four members,
including a Licensed Architect who leads the design process,
a Project Manager responsible for project execution, and two
remote Administrative Support members who handle
administrative tasks remotely. The current owner is active in
the business setting strategic direction and vision for the firm,
making and implementing plans, managing resources,
overseeing financial health, and providing general oversight.
It is noted that the other Licensed Architect within the team
could absorb these responsibilities under new ownership. The
current owner has offered a training period of 6 months to 1
year to ensure a smooth handover and continuity of
operations. Additionally, the seller has offered to carry 10% of
the purchase price to show their vested interest in the
continued success of the business post-close. This company
is known for their innovative designs and sustainable
approach to architecture with many notable awards and
accolades to support their reputation.
Priced at $830,000, a 10% down payment of $83,000 returns
$123,104 in the first year after debt payments! Growth
opportunities include expanding into global markets such as
Saudi Arabia, Dubai, and China. Venturing into these
international markets can open up new avenues for business
growth and exposure