Architecture Firm for High-Rise Residential

Toronto , Ontario

Greater Toronto Area

Asking Price: Annual Revenue:
$925,000 $1,135,674

Services: Engineering, Architectural Services

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RE: Architecture Firm for High-Rise Residential Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $925,000 15% Buyer Down Payment: $146,250 15% Seller Financing / Equity Roll: $146,250 70% Bank Loan: $682,500

Quick Facts

Asking Price: $925,000
Annual Revenue: $1,135,674
Net Profit: Not Disclosed
Cash Flow: $326,464
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:

The owner of this GTA architecture firm would like to stay on board and grow the business! 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 6 includes the owner, 2 architects, 2 architectural draftsmen, and 1 intern. The team is highly educated and experienced at their craft, allowing for solid word-of-mouth referrals and a loyal, recurring client base of developers, engineers, and general contractors. Their spectacular designs are well-known throughout the Toronto area.

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. 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:

Market Competition and Expansion:

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

Reason for Selling:

Owner wants to build up the business (will roll 15

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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