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- RE: Architectural Firm Specializing In Churches
- Contact: Not Disclosed
Quick Facts
Asking Price: | $1,650,000 | |
Annual Revenue: | $2,396,415 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $442,601 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1996 | |
Employees: | 10 | |
BBN Listing #: | 995257 | |
Broker Reference #: | AEI038-A |
Business Overview:
Presenting a leading architectural firm based in Los Angeles, specializing in church projects and high-end research and development laboratories. With over 30 years of experience, this firm offers comprehensive fullservice architectural services that include feasibility studies, design, entitlement, and interior design, ensuring a seamless process from concept to completion. Their client base primarily consists of religious organizations and medical equipment companies, with a strong emphasis on maintaining long-term relationships. The firm occupies around 4,500 square feet, featuring modern amenities and a layout conducive to collaborative work. This firm has a dedicated team of 10 full-time employees, including licensed architects, Jr. architects, project managers, and administrative personnel. The seller is active on oversight of daily operations and is planning for retirement while offering to stay onboard for 1-2 years post close to provide a successful transition of ownership. Additionally, the seller has offered to carry 10-15% of the purchase price to show his vested interest in the continued success of the business. Priced at $1,650,000 a buyer needs 10% down payment of $165,000. With a strong foundation and a commitment to excellence, this firm is poised for continued success and expansion in the architectural landscape. As the firm continues to thrive in its niche markets, particularly in faithbased projects and high-end laboratories, there are significant growth opportunities available. These include expanding into new geographic areas and enhancing their service offerings to meet the increasing demand for innovative architectural solutions in both sectors. >>
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Market Competition and Expansion:
Growth Opportunities: Geographical expansion, expanding on the marketing strategy
Reason for Selling:
Retirement planning. Kindly ask the seller for more information.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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