Architecture Firm In Hawaii

Business Overview:

Their services encompass planning, design, construction administration, and permit processing. Plus, the inclusion of sustainable design is particularly noteworthy given the increasing importance of environmental considerations in architecture. Their client base is evenly split between commercial clients and high-end residential homes. Offering their services to homeowners, business owners, and property managers. The team consists of two architects, a draftsman, a structural engineer intern, a project architect and an office manager. The owner is active, providing general oversight and assisting with the onboarding and planning of new projects – some of these responsibilities can be absorbed by the staff which suggests a capable and autonomous team.The seller has offered to stay with the business post-close for3-5 years to show his dedication and to ensure a smooth transition. In addition to this transitional period, the seller has also offered to finance 20% of the purchase price to show his vested interest in the success of the business moving forward. This established firm has over three decades of experience in the architectural industry, with a service area primarily centered on Kauai but also extending to other islands. The 2024 revenue is set to be the best year in over a decade! In terms of growth opportunities, the suggestion to implement a marketing strategy and collaborate with general contractors could help increase visibility and attract new clients. Priced at $495,000, A 10% down payment of $49,500 returns $90,797 in the first year after debt payments! This acquisitionpresents a seasoned architecture firm with 36 years in the industry – a great opportunity for an architecture mogul looking to expand geographically or a new architect looking to enjoy a reputation built over the past 3 decades. Their commitment to sustainability alongside traditional architectural services is commendable. Their experienced team is well-positioned to serve both residential and commercial clients across Kauai and beyond.

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Market Competition and Expansion:

Growth Opportunities: Implement a marketing strategy and collaborate with more property managers.

Reason for Selling:

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