Full-service Architectural Firm with Developed E-commerce Business
Gross Revenue: | $2,284,176 |
EBITDA: | $881,416 |
Description:
The Company, is a full-service architectural firm with a developed e-commerce site offering a wide range of planning and design services, as well as a large database of stock plans.
Key Aspects:
• Revenue and adjusted EBITDA grew at a compound annual growth rate (CAGR) of 15.1% and 22% respectively, from 2020 through 2023
• Average adjusted EBITDA margins of 36.8% from 2020 through 2023
• In operation for over 25 years
• Large database of stock plans readily available for individual sales and to be utilized to develop projects in a timely, cost efficient, and high-quality manner
• Featured in national magazines such as Better Homes and Garden, Southern Living, and Coastal Living
• Notable reputation in the industry with numerous awards and accolades
Opportunities:
• Expand online marketing to a national scale
• Integrate with a national builder to bring architectural services and custom quality product in-house
• Expand promotional efforts to build notoriety of the company and e-commerce business
• Continue to expand footprint into different states to expand market share
• Upgrade design/drafting technology to increase efficiencies
• Capitalize on the growing housing market to expand long-term revenue model
Headquartered:
• Southeast, US
Current Markets:
• The Company primarily serves residential homeowners. The Company also provides services for commercial, not-for-profit organizations, mixed-use, and small multi-family residents throughout the Eastern and Southeastern regions of the United States.
Real Estate:
• The Company operates from an 1,800 sq. ft. facility leased from an affiliated entity, which is included in the sale. There is room to grow in the current location and the business is relocatable.
Shareholder Ownership:
• The Company is equally owned by two shareholders who would eventually like to transition away from the business. Management notes that there is a management succession plan in place.