Architecture Firm With Main Focus on High-Rises

Toronto, Ontario


Asking Price: Annual Revenue:
$1,050,000 $1,020,814

Services: Construction, Contractors


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RE: Architecture Firm With Main Focus on High-Rises Broker: Cortney Sells
Owner Financing is Available!
15% Buyer Down Payment $157,500 10% Vendor Take Back $105,000 15% Equity Roll $157,500 60% Bank Loan $630,000

Quick Facts

Asking Price: $1,050,000
Annual Revenue: $1,020,814
Net Profit: Not Disclosed
Cash Flow: $217,376
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 7
BBN Listing #: 567834398
Broker Reference #: AEI012-G

Email or Print Listing

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Business Overview:

This architecture firm is focused on High Rise Residential Condos (80%), and Industrial Buildings (20%). Having been established for over 20 years, this Toronto based firm has an extremely experienced and educated team of 4 architects and 3 architectural technologists. The owner of this full-service architecture firm is looking to merge with a new partner in the industry. To this end, he has offered to stay with the business for 5 years after purchase and is willing to offer 15% equity roll and 10% vendor take back making a combined 25% carry even though the industry average is 10%. With this well established and dedicated team they are able to design the project from start to finish including everything from the foundation of the project to the interior of the completed building. The current owner asks that the buyer already be the owner of an architecture firm as he is looking for a partner to further the business through effective and targeted marketing in the future.

The team has a well-established and excellent reputation in the Toronto area which has allowed them to increase their 2022 revenue to $1 million. The office is currently operating out of a 2,500 square foot space which helps keep overhead costs low while effectively offering their services to local developers, engineers, and general contractors.

Priced at $1,050,000, this is an incredible opportunity for a new owner to step in and focus on recruiting and business development, while partnering with the current owner to expand. Most clients are obtained through word-of-mouth referrals and are often repeat clients, proving this firm’s commitment to listening and working collaboratively with their clients throughout the projects. This partnership will result in more work being sought after and more projects brought into the fold, giving great potential for increased revenue and business expansion.

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Market Competition and Expansion:

Expand the business by working as a partnership and increasing number of projects.

Reason for Selling:

Owner wants to merge the firm with a new partner.

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.

Documents:

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