Design & Architecture with Hotel

Nashville, TN
Davidson County


Asking Price: Annual Revenue:
$3,980,000 $2,884,160

Services: Engineering, Architectural Services


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RE: Design & Architecture with Hotel Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $3,980,000 10% Buyer Down Payment: $398,000 25% Seller Financing: $995,000 65% Bank Loan: $2,587,000 A 10% down payment of $398,000 returns $1,062,592 in the first year after debt payments!

Quick Facts

Asking Price: $3,980,000
Annual Revenue: $2,884,160
Net Profit: Not Disclosed
Cash Flow: $1,693,152
Total Debt: Not Disclosed
FF&E: $140,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 9
BBN Listing #: 700234398
Broker Reference #: PRO027

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Business Overview:

Located in dynamic Nashville, Tennessee, this architecture and design firm has an extraordinary reputation for quality services, an impressive list of repeat clients, and a niche focus that distinguishes it from others in the region. Working in 9 states, this company has been recognized for developing and implementing a customized approach tailored to each client’s culture, style and corporate brand. Six full-time and two part-time staff include a studio manager, interior designers, architects, and a codes specialist with operations and project management responsibilities well defined. The seller is invested in the future success of the company and will remain on board for 1-3 years as negotiated.

New construction build-outs, additions, renovations, and adaptive reuse projects have been completed on projects ranging in size from 10,000 to 400,000 square feet. An active project base of to 20+ is typical. The full-service project management services can include pre-design programming, site acquisition/feasibility consultation, architecture and interior design, space planning, systems integration, furnishings and equipment procurement management and project management services.

Presently, many projects are in the pipeline continuing through 2019, with some projected to last into 2021. In addition to the firm’s niche focus, services are also provided to the healthcare, retail and educational market segments and further expansion in these areas would provide even more growth potential. Although the firm has a strong presence in the Nashville region, services have also been provided in New York, Georgia, Florida, the Carolinas, Texas, Kansas, Colorado, Nevada, Virginia and others for clients primarily based in Nashville.

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Market Competition and Expansion:

Nashville is booming, with building permits issued and the value of construction breaking records in each of the past several years, there is huge expansion potential in all areas.

Reason for Selling:

Retirement

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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