Established International Commercial Architecture

Not Disclosed, MA

Domestic and International, Global


Asking Price: Annual Revenue:
$1,100,000 $3,000,000

Services: Engineering, Architectural Services


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RE: Established International Commercial Architecture Broker: Jared Olson
Owner Financing is Available!
10% Buyer Down Payment $110,000 10% Seller Financing $110,000 10% Equity Roll $110,000 70% Bank Loan $770,000

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $3,000,000
Net Profit: Not Disclosed
Cash Flow: $302,274
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1989
Employees: 8
BBN Listing #: 420234398
Broker Reference #: AEI002-C

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Business Overview:

With an affluent worldwide 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 20% financing as a show of good faith in the business moving forward. This firm serves international clients, with areas of service including New England, the Middle East, the Caribbean, Midwest U.S., Texas, and more! Established in 1989, the firm’s work is recognizable from Times Square to Saudi Arabia, and they’ve built a high reputation world-wide. Focusing on interior architecture and mostly commercial clients, the firm has more than 220 hotels & restaurant projects under its belt. Though they mostly focus on condos and hospitality, they are also able to take on diverse projects, with examples ranging from fitness centers, health clubs, country clubs, cafes, entertainment venues, aquariums, planetariums, and even palaces! They have directed projects in excess of $5 billion and enjoy a history of awards and recognition as a leader in the industry. We based our valuation of this company on the 2019 (pre Covid) and 2022 projected (post Covid) numbers due to the fact that the 2020-2021 numbers are not in tune with continuing operations for the firm.

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 $1,100,000, 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:

Office Space: Open design for work, private conference space, kitchen, bathroom and storage in basement 10 year lease expiring in 2028, $5,800/Month.

Market Competition and Expansion:

Growth Opportunities: 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:

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