Business For Sale

95% Repeat Clientele in Architecture Firm

Ottawa, Ontario

Asking Price: Annual Revenue:
$435,000 $2,841,150

Services: Engineering, Architectural Services

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RE: 95% Repeat Clientele in Architecture Firm Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $435,000 10% Buyer Down Payment: $43,500 15% Seller Financing: $65,250 75% Bank Loan: $326,250 A 10% down payment of $43,500 returns $70,515 in the first year after debt payments!

Quick Facts

Asking Price: $435,000
Annual Revenue: $2,841,150
Net Profit: Not Disclosed
Cash Flow: $178,849
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1987
Employees: 12
BBN Listing #: 929734398
Broker Reference #: PRO043

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Business Overview:

Established for over 30 years, this Ottawa-based architectural firm boasts high customer satisfaction, resulting in 90-95% repeat clients. The diverse client base is 50% institutional, 20% commercial, 20% industrial and 10% residential. Projects are predominantly local (80%) but the business has a regional reach as well.

The 2,400 square feet of office space includes 4 offices, a conference room and 9 work stations. There is a team of twelve full-time employees, 2 directors/architects, 1 director, 2 administrative staff, and 1 architect, 6 technical staff. The 3 principals are involved in project management, supporting the successful completion of projects. They expertly manage multi-year contracts as well as those that take only months to complete.

The business is committed to professional service and understanding client mission and goals allows for effective design, scheduling, budgeting and overall efficiency of process, meeting all client needs regardless of project scope. Staying up-to-date on technology by using the latest Auto CAD and 3D design programs, continuous staff education and award-winning designs also support continued success.

While one principal plans to retire, two would be open to remaining after the sale. This would allow continuation of current services, but also support additional growth by a new Owner.

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Property Features and Assets:

Lease: 2,400 square feet useable office space and 700 square feet of basement storage for $7,000/month.

Market Competition and Expansion:

Service Area: 80% locally, 20% regionally Client Base: 50% institutional, 20% commercial, 20% industrial, 10% residential Number of Clients: 25 based on current jobs Repeat Clients: 90-95% Services: Full architectural services for new buildings, additions, and renovations; pre-design programming; project management; space planning; interior design; technical audits; BOMA area certifications.

Reason for Selling:

Retirement Planning

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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