Architecture Firm with Niche in Highrise Condos

Toronto, Ontario


Asking Price: Annual Revenue:
$1,200,000 $1,227,292

Technology: Business Services (B2B)


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RE: Architecture Firm with Niche in Highrise Condos Broker: Seller of Business

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,227,292
Net Profit: Not Disclosed
Cash Flow: $342,382
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 7
BBN Listing #: 475534398
Broker Reference #: AEI012-B

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Business Overview:

This full-service architecture firm has a loyal and well-established client base consisting of developers, engineers, and general contractors! Having been around since 2000, this firm and its team of 7 including 4 architects, and 3 architectural technologists have culminated an excellent reputation in the Greater Toronto Area which has led them to a stark increase in sales in 2022, expecting to reach a projected revenue of $1.8M which is significantly better than even pre-pandemic numbers! Their team is highly educated and experienced in their field and offer full-service architecture work in the industrial sector, retail, mid to high-rise residential, interiors, and primarily they specialize in condominiums as this makes up 80% of their business. The current owner is an architect and was included in the previously mentioned staff, he is looking to stay on for 3-5 years so as to see his business continually grow, and is additionally interested in rolling 15% equity on the sale. His retention salary is accounted for in the shown cash flow.

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Property Features and Assets:

Equipment: Computers, printers, photocopiers, office furniture A/R: $36,979 Intangible Assets: Loyal client base, well-established name, word-of-mouth referrals

Reason for Selling:

Owner wants to merge the firm with a new partner t

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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