Architecture Firm in Calgary with 30% VTB
Asking Price: | $1,950,000 |
Gross Revenue: | $1,799,591 |
Cash Flow: | $996,229 |
Established Year: | 1988 |
The firm specializes in senior care facilities and commercial
mixed-use properties, and in 2023, they nearly grossed 1.8
million in sales with $996,229 in cash flow, resulting in an
impressive profit margin of 55%. The team of 9 employees
consists of a Senior Project Manager, a Registered Senior
Project Architect, an experienced staff architect in the
process of acquiring their architecture registration, and 2
administrative employees handling project invoicing and
accounting. This Calgary-based architecture firm, with a
history of 34 years in the industry, has established itself as
a reputable and dependable entity. The firm offers a
comprehensive range of services, including architectural
and master-planning solutions, from briefing to final
certificate. The current owner, who actively works as an
architect and oversees the general operations, has
generously offered a 3-4-year training and transition period
with the necessary retainment salary accounted for in the
listed cash flow. Additionally, as a gesture of confidence in
the firm's ongoing success, the owner has offered a 30%
seller carry. While the firm primarily works with clients in
Canada, it boasts an international portfolio, having
completed projects in the US, India, China, Malaysia, and
other countries. The owner has decided to sell the firm to
plan for retirement. In addition to the long-standing
reputation, a new owner will acquire a working capital
between $300,000 - $500,000, which is included in the
purchase price.
Priced at $1,950,000, with a very low multiple of only 2.25.
This architecture firm represents a highly reliable
investment opportunity for larger firms looking to expand
their portfolio, smaller architecture firms aiming to double in
size, or young architects seeking their first step into the
professional industry with an established portfolio and
reputation.