Interior Design and Planning Agency

Boston, MA


Asking Price: Annual Revenue:
$995,000 $1,933,198

Services: Engineering, Architectural Services


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RE: Interior Design and Planning Agency Broker: Cortney Sells
Owner Financing is Available!
10% Buyer Down Payment $99,500 10% Seller Financing $99,500 10% Equity Roll $99,500 70% Bank Loan $696,500

Quick Facts

Asking Price: $995,000
Annual Revenue: $1,933,198
Net Profit: Not Disclosed
Cash Flow: $699,970
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1989
Employees: 8
BBN Listing #: 613434398
Broker Reference #: AEI002-G

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Business Overview:

Focusing on interior architecture with commercial clients, this
company has more than 220 condo, hotels & restaurant
projects under its belt. They mostly focus on condos and
hospitality; they are also able to take on diverse projects in
the commercial and industrial field. With an affluent client
base, 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.
Established in 1989, this architecture and design firm serves
New England, the Middle East and the Caribbean. The firm’s
work is recognizable from Times Square to Saudi Arabia, and
they’ve built a high reputation world-wide. The current owner
is a newlywed, looking to sell this business so he can move
out of state in order to live with his wife. The owner does not
do any drawing or CAD work but oversees strategy and
interfaces with key employees though he has limited client
interaction as he is only there three days per week.
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 Fair Market Valuation of this business is
$1,506,777 with a selling price of $995,000. The current
owner has agreed to this discounted rate as the owner
recently got married and would like to live closer to his
spouse who is out of state. Priced at $995,000, this is a
business opportunity with outstanding growth potential.

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Property Features and Assets:

Open design for work, private conference space, kitchen, bathroom and storage in basement, $5,800/Month.

Market Competition and Expansion:

Increase marketing, in-person sales, and expansion of client base.

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.

Documents:

Relevant Links:

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