VAN NUYS, California
| Asking Price |
$515,000 |
Year Established |
2006 |
|
| Annual Revenue |
$599,854 |
Reason for Selling |
Desire to grow with a strategic partner |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$151,003 |
Listing Number |
1007126 |
|
| # of Employees |
2 |
Business Category |
Services: Engineering, Architectural Services |
|
Business Overview:
Working on affluent residential architecture, this firm specializes in custom architecture and interior design with 75% of their projects being single-family residential properties, 15% commercial projects, and 10% in condo/multifamily properties. They are focused in neighborhoods such as Beverly Hills, Bel Air, West Hollywood, and Santa Monica; the majority of their work is concentrated in the Los Angeles area. Their client base consists of builders, property owners, and business owners who seek their expertise in creating high-end spaces. The team comprises two remote Administrative Support members alongside the owner being active in the business; seller is seeking a strategic growth buyer. He would like to stay on board for 3-5 years and has offered to carry or retain 30% of the purchase price to show vested interest in the continued success of the business post-close. Priced at $515,000, this business comes with a nice backlog! Growth opportunities include expanding into global markets such as Saudi Arabia, Dubai, and China. Venturing into these international markets can open up new avenues for business growth and exposure.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity