Multi Location Architecture Firm: Owners will carry 25%

New York, NY

Seller Financing Available

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Asking Price:$3,950,000
Gross Revenue:$6,452,099
Cash Flow:$1,193,986
Established Year:1992
BUSINESS DESCRIPTION

This architecture firm largely serves the K-12, collegiate,
and multifamily sectors. They have provided their
services to over 80 campuses across the US! They have
the ability to work on 20-25 projects at a time, which has
allowed both great customer diversity and an incredible
90% client return rate! With 2 prime locations and over
$5M in backlog, this firm is currently working with clients
in Arkansas, Oklahoma, Texas, Colorado, Florida,
Connecticut, New Mexico, Kansas, Missouri, and in the
New England Area. There is a robust team of 24
including 1 CFO/Senior Executive, 6 Project
Managers/Lead Architects, 12 Architectural Designers, 1
Interior Designer, 1 Marketing Director, 1 Marketing
Assistant, 1 Office Administrator, and 1 Student Intern.
The owner is willing to provide a seller carry or roll equity
for up to 25% of the purchase in addition to a 4-year
transition to show good faith and vested interest in the
continued success of the business after closing. This firm
has an immaculate reputation after 30+ years in the
market.
Priced at $3,950,000, strong growth opportunities exist
for this architectural firm, with only a small percentage of
the regional school district market tapped and a lot of
space for winning additional multifamily contracts. All of
the employees are full-time and experienced in their
positions, and their leadership team has been well
mentored. This firm’s extensive experience allows them
to regularly win projects over larger national entities.
Focused largely on K-12 and University work, they will
flourish with the new infrastructure bill and will not fall
victim to any looming recession.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
24
Facilities
Equipment: $1,506,531 • Computer Equipment & Software: $993,371 • Office Equipment: $373,294 • Leasehold Improvements: $139,866 Working Capital: ~$400,000 – $600,000
Financing
25% Seller Financing or Equity Roll $987,500
Support & Training
4 years
Reason for Selling
Retirement Planning
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Jared
Olson
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Jared Olson