Niche Architecture w/ 35% Profit Margin

Surrey, British Columbia


Asking Price: Annual Revenue:
$5,850,000 $3,652,089

Services: Business & Office Services


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RE: Niche Architecture w/ 35% Profit Margin Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $5,850,000 15% Buyer Down Payment: $877,500 20% Seller Financing or Equity Roll: $1,170,000

Quick Facts

Asking Price: $5,850,000
Annual Revenue: $3,652,089
Net Profit: Not Disclosed
Cash Flow: $1,193,908
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 20
BBN Listing #: 972134398
Broker Reference #: AEI007

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Business Overview:

This architecture firm is registered in two provinces and specializes in multi-family residential and mixed-use designs. The team of twenty creates beautiful properties for developers and contractors who are building office buildings, residential towers, senior care facilities, and public buildings, in addition to multi-family homes and mixed-use developments. Most work is completed in the lower mainland area of British Columbia as well as Alberta. Projects have been completed in the U.S. and this company is willing to take on additional projects throughout the States. The pipeline is over $3.8MM and with additional contracts in progress. The current owners are the two registered architects within the firm, and they are willing to remain a part of the team for up to 3 years to ensure a smooth transition of projects and client relationships.

The team of eighteen includes eleven technicians, one office manager, two site field reviewers, and four interns. The owners currently focus on design duties, oversight and business development. They both work full time, but the team is well-trained and very capable of completing high quality work for clients. Operations are managed from a 2,800 square foot double-height office space that features an open plan workspace and a board room. A mezzanine level contains a kitchen area and second boardroom plus additional workstations.

Growth is nearly endless in the Vancouver area and the demand for multi-family residences as well as mixed-use properties is very high. Future could include building upon this current specialty or working to build clients within the industrial or office sectors. An additional registered architect could be added to the team to increase capacity, if desired.

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Property Features and Assets:

Lease: 2,400 square feet: Open plan workspace with board rooms and a kitchen.

Reason for Selling:

Strategic planning, industry consolidation.

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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