Hospitality Design Firm in Boston

Not Disclosed, MA


Asking Price: Annual Revenue:
$845,000 $3,186,952

Services: Professional


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RE: Hospitality Design Firm in Boston Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $845,000 10% Buyer Down Payment $84,500 10% Seller Financing or Equity Roll $84,500 80% Bank Loan $676,000 A 10% down payment of $84,500 returns $106,729 in the first year after debt payments!

Quick Facts

Asking Price: $845,000
Annual Revenue: $3,186,952
Net Profit: Not Disclosed
Cash Flow: $304,548
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1989
Employees: 8
BBN Listing #: 972734398
Broker Reference #: AEI002

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Business Overview:

With an affluent worldwide client base, the owner of this interior design firm handles general oversight and is willing to provide a transition time of 2-4 years! Serving New England and overseas clients since 1989, this interior architecture firm has mostly commercial clients with a focus on condos and the hospitality industry and is credited for over 200 hotels in total. Project examples range from fitness centers, health clubs, country clubs, cafes, entertainment venues, aquariums, planetariums, penthouses, palaces and more. They are equipped to handle most design jobs from interior architecture all the way down to the smallest décor items. This firm has done work all over the world. Main areas of service include the New England area and the Middle East, but contracts frequently occur in the Caribbean, Chicago-metro and Texas. Some of their work is recognizable in Times Square. They have also reinvented a 1,500-family compound outside of Boston and brought its design up to modern day.

The business is best known for their timeliness and their guarantee to always be on budget. This design firm is a very well known in the Boston area and most clients are acquired through word-of-mouth referrals from completed contracts. Along with a great reputation, they also have excellent personnel. Employees include 1 design director, 1 senior designer, 1 senior CAD designer, 1 designer, 1 purchasing agent, 1 junior designer, 1 renderer, and 1 bookkeeper. Creating additional marketing plans and increasing in-person sales are options to help continue to grow this business. The firm is currently under contract for a 10,000 square foot restaurant and six other restaurant venues.

Priced at $845,000, this is a business opportunity with outstanding growth potential. The owner does not do any drawing or CAD work but oversees overall strategy and interfaces with key employees. The current plan is also to expand staff to include two more senior designers and an intern.

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Property Features and Assets:

Equipment: Computer and Office Equipment A/R, Secured Work, Pipeline: Secured work can overlap years Intangible Assets: Amazing Reputation, Worldwide recognition, Variety of design

Market Competition and Expansion:

Increase Marketing, More in-person sales.

Reason for Selling:

Recently married and relocating out of state

Additional Details:

  • The property is owned.
  • 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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