Kauai Based Architecture Firm

Waimea, HI

Seller Financing Available

listing image
Asking Price:$505,000
Gross Revenue:$617,028
Cash Flow:$168,164
Established Year:1987
BUSINESS DESCRIPTION

Their client base is evenly split between commercial clients
and high-end residential homes. This boutique architecture
firm offers planning, design, construction administration, and
permit processing. Plus, the inclusion of sustainable design is
particularly noteworthy given the increasing importance of
environmental considerations in architecture. The team
consists of two architects, a draftsman, a structural engineer
intern, a project architect and an office manager. The owner
is active, providing general oversight and assisting with the
onboarding and planning of new projects – some of these
responsibilities can be absorbed by the staff which suggests a
capable and autonomous team. The seller has offered to stay
with the business post-close for 3-5 years to show his
dedication and to ensure a smooth transition. In addition to
this transitional period, the seller has also offered to finance
20% of the purchase price to show his vested interest in the
success of the business moving forward. This established
firm has over three decades of experience in the architectural
industry, with a service area primarily centered on Kauai but
also extending to other islands. The 2024 revenue is set to be
the best year in over a decade!
Priced at $505,000, A 10% down payment of $50,500 returns
$89,234 in the first year after debt payments! This is a great
opportunity for a buyer looking to expand geographically or a
new architect looking to enjoy a reputation built over the past
3 decades. In terms of growth opportunities, the suggestion to
implement a marketing strategy and collaborate with general
contractors could help increase visibility and attract new
clients.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
5
Growth & Expansion
Implement a marketing strategy and collaborate with more property managers
Financing
10% Buyer Down Payment $50,500 10% Seller Financing $50,500 10% Equity Roll or Earn O
Support & Training
3 years
Reason for Selling
Aging owner
Report an Issue with this listing
profile-img
Jared
Olson
logo-img
Jared Olson