Architecture Focused in Condos

Toronto , Ontario

Asking Price: Annual Revenue:
$915,000 $1,069,854

Services: Engineering, Architectural Services

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RE: Architecture Focused in Condos Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $915,000 15% Buyer Down Payment: $137,250 15% Seller Financing / Equity Roll: $137,250 70% Bank Loan: $640,500 A 15% down payment of $137,250 returns $128,435 in the first year after debt payments!

Quick Facts

Asking Price: $915,000
Annual Revenue: $1,069,854
Net Profit: Not Disclosed
Cash Flow: $260,145
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 6
BBN Listing #: 931934398
Broker Reference #: AEI012

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Business Overview:

With growth in sales since 2017, this full-service architecture firm has been serving the greater Toronto area since 2000! The firm’s portfolio primarily consists of condominiums (80%), and includes commercial, industrial, institutional, and interiors. Working out of a 2,500 square foot office, the staff of six includes the owner, two architects, two architectural draftsmen, and one intern. The team is highly educated and experienced at their craft, allowing for solid word-of-mouth referrals and a loyal, reoccurring client base of developers, engineers, and general contractors. Their spectacular designs are well-known throughout the Toronto area. A new owner would see a 94% return on investment in the first year.

The owner currently works 40 hours/week and would like to stay on board for 2-4 years to ensure a smooth transition and to work as a partner to grow the business. By doing this, more work can be sought after and more projects brought into the fold, giving great potential for increased revenue and business expansion.

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Property Features and Assets:

Equipment: Computers, printers, photocopiers A/R: $173,000 Intangible Assets: Loyal client base, well-established name, word-of-mouth referrals.

Reason for Selling:

Owner wants to build up the business with a partne

Additional Details:

  • The property is owned.
  • The owner is not 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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