Seller's Contact Information
- RE: Architecture Practice With 7M In Signed Contracts
- Contact: Jared Olson
Quick Facts
| Asking Price: | $1,025,000 | |
| Annual Revenue: | $984,638 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $250,631 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2002 | |
| Employees: | 7 | |
| BBN Listing #: | 416034398 | |
| Broker Reference #: | AEI012-I |
Business Overview:
Looking for a Strategic Buyer to merge with, this Toronto based Architecture firm has over 7 million in Committed contracts! Having been in business for over 2 decades, they have a well developed team of 4 Architects and 3 in Administration. The seller can stay on board for 5 years, managing the design team, which are where his talents flourish. He has also offered a 20% vendor carry in a combination of Promissory note or equity roll, this shows his vested interest in the continued success of the firm going forward. The firm practices in several Industry sectors with 90% reoccurring clients.
Priced at $1,025,000, 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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Reason for Selling:
Owner wants to merge his firm.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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