GTA Architecture With $7 Million In Contracts
Not Disclosed, NA Not Disclosed
Asking Price:
$1,025,000
Annual Revenue:
$984,638
Request More Information Contact the Seller
- RE: GTA Architecture With $7 Million In Contracts
- Contact: Jared Olson
Owner Financing is Available!
15% Buyer Down Payment $153,750
10% Vendor Take Back $102,500
10% Equity Roll $102,500
65% Bank Loan $666,250
Quick Facts
| Asking Price: | $1,025,000 | |
| Annual Revenue: | $984,638 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $195,974 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 20 | |
| Employees: | 7 | |
| BBN Listing #: | 200134398 | |
| Broker Reference #: | AEI012-K |
Business Overview:
They are a full-service Architecture Firm with a specialty in condos and interiors in the greater Toronto area. Established over 20 years ago, this Architecture Firm has a 90% reoccurring client base made up of Developers, Engineers, and General Contractors, with a current contract value of $1,120,372 for 2023 and $4,259,955 for 2024. The owner is looking to merge with a strategic buyer to take on the business side of the company while he continues operating the architecture and design side and is willing to stay with the company for 5 years, while also offering a 20% vendor carry or equity roll, which shows his vested interest in the continued success of the firm going forward. They have a well-developed team of 4 Architects and 3 in Administration. The owner currently assists with designs and manages the associate architects. 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.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Market Competition and Expansion:
Expand the business by working as a partnership and increasing number of projects.Reason for Selling:
Owner wants to merge firm with a strategic buyer.Additional Details:
- The property is Leased.
- 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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