Modern And High-End Architecture Design Firm

Business Overview:

Located in the heart of Los Angeles, this company is known for their innovative designs and sustainable approach to architecture with many notable awards and accolades to support their reputation. They specialize 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 spending 35-40 hours per week 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 of6 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.Priced at $840,000, a 10% down payment of $84,000 returns $121,575 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.

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Market Competition and Expansion:

Growth Opportunities: Expanding into global markets such as Saudi Arabia, Dubai, and China. Implementing a marketing strategy

Reason for Selling:

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