Well Established Architects and Consultants

Cumberland County, PA
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Asking Price:$1,250,000
Gross Revenue:$1,952,636
Cash Flow:$687,124
Established Year:1985
BUSINESS DESCRIPTION

This Architect Firm was established in 1985 and continues very strong to the present. Their workloads and focuses are very broad among multiple industries throughout the Mid-Atlantic region. The firm has a stellar reputation and has worked with large companies in its tenure, including the grocery sales industry for construction and remodeling projects (estimated at 200 locations in the grocery industry), and a major pharmaceutical chain (estimated at 300 locations in multiple states). The firm also has been involved in the design and implementation of up to 400 banks and financial service centers. They have a niche of working with public safety facilities, and community emergency services including fire, EMS, and police facilities. The business has a strong presence at the local, township, county, and state levels. Additional industry focus is provided with architectural and project implementation with commercial, education, and retail facilities. The reputation of the firm, the owners and staff are of such a respect and quality that repeat opportunities are accepted and engaged. They also receive significant referrals to others based on relationships and quality of work. Following a short training period, one of the owners would like to remain in an agreed-upon salaried position in order to make personal and productive introductions to all clients and assist in projects in place for a very smooth transition. Two current employees comprised of a Project Manager and Office Manager have a long history with the firm and would like to remain.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
920
Employees
2
Facilities
There is no real estate that will transfer with the sale. They operate in a 920 sq ft office suite with a current lease of $1,300.00 per month, including all utilities in place through March 1, 2025.
Competition
In the case of this very successful firm, competition with other architects or firms is minimal. With their contacts, experience, reputation and the way projects are bid, they historically receive repeat projects, or with the specialty of their business focus, they rarely compete with other firms locally, regionally, or in other states. The niche developed and reputation established for public service and emergency services facilities are very specialized for continued opportunities.
Growth & Expansion
There are opportunities to grow the firm's revenues in several areas. Increased marketing exposure within the Public Safety field and Emergency Services facilities will allow for higher revenues. While current relationships with construction companies and contractors are strong, expansion of relationships will provide opportunities within and possibly outside the geographic areas now served. Continued focus on website development as projects are completed and perhaps digital marketing may increase the growth potential. Staffing remaining brings a wea
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
The founders and owners would like to retire.
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Robb
Keith
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Robb Keith