Business Overview:
Established in 1989, this interior design firm is Boston based with recognizable national clients. This firm focuses on commercial clients and has completed more than 220 condo high-rises, hotels & restaurants. This Business has an established team consisting of 1 Design Director, 1 Senior Designer, 1 Senior CAD Designer, 1 Designer, 1 Purchasing Agent, 1 Junior Designer, 1 Renderer, and 1 Bookkeeper. The Office space has an open design for work, a private conference space, kitchen, bathroom and storage in the basement with a lease of $5,800/Month. The owner does not do any billable work but oversees strategy and interfaces with key employees, he has limited client interaction as he is only in the office three days per week. The current owner is a newlywed, looking to sell this business so he can move out of state. There is an opportunity for growth in the business development of this organization as most of their clients are repeat/existing base.
Priced at $980,000, with nearly 2 million in sales and consistent cashflow, this business is primed for a new owner to step in and reap the benefits of this established firm. The current owner of this profitable Boston based design and architecture firm is willing to stay on for 2-4 years to help ease transition and is offering to carry 20% of the purchase to show good faith in the future success of this firm.
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Property Features and Assets:
Office Space: Open design for work with private conference rooms in the beautiful back bay.
Reason for Selling:
Recently married and relocating out of state
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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