Architecture Firm Focused on Education with 2 Locations

With a focus on clients in education (universities and K-12), this two location architecture firm is boasting an annualized 2022 cash flow of over $2.7M. Other types of projects include multifamily and senior living. This wide expertise allows the firm to win projects even when pitted against national firms. Since being established in 2004, they have built their current roster of 23 staff members, not including the two owners. The employees include 2 Associate Principals, 4 Project Managers, 11 Architects, 3 Interior Designers, 1 Office Coordinator, 1 Marketing Associate, and 1 Intern. All employees are full-time, well-trained and experienced in their positions. As a demonstration of faith in the business, 10% seller financing and 15% equity roll is being offered. Included in the acquisition is over $2.6 million in assets, including equipment (computer equipment, software, office equipment, leasehold improvements) and accounts receivables. Both owners will stay on until retirement, providing both industry expertise and client relations. 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. Even with only two locations (Oklahoma & New York), they are currently working with clients in Arkansas, Oklahoma, Texas, Colorado, Florida, Connecticut, New Mexico, Kansas, Missouri, and the New England Area.