Seller's Contact Information
- RE: Registered Architecture Firm For Corporate Clients
- Contact: Jared Olson
Quick Facts
Asking Price: | $8,925,000 | |
Annual Revenue: | $4,146,610 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $2,250,345 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1993 | |
Employees: | 21 | |
BBN Listing #: | 892934398 | |
Broker Reference #: | AEI025-E |
Business Overview:
This firm has a 30-year reputation where they specialize in the procurement for unique corporate interior spaces. They developed a unique niche after seeing an opportunity in the late 90s working on casinos & racetracks. This has set them apart from other firms as they have the expertise in this industry. Located in Toronto, this firm primarily has clients in Ontario where the focus of their firm is to guide clients through unique architecture that is both elegant and intelligent, along with lead planning, design, and working alongside clients in all phases. The team includes 21 employees, including a CFO, general manager, 9 registered architects, 4 technical draftsmen, and 3 architect interns. The business is boasting an incredible 54% profit margin with fiscal year end 2023 revenue to be back to pre-COVID!
The price of $8,925,000 CAD includes a 10% seller promissory note, plus a 10% equity roll to show good faith in the business continuing successfully post-close and as a show of vested interest in the ongoing success of the company, the owners will offer an extended transition period of 3-4 years. With the purchase, a buyer would also be receiving over $400,000 in working capital and all of the equipment and software needed.
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Reason for Selling:
Succession/ Retirement Planning
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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