K-12 & University Focused Architecture Firm with Multiple Locations

The current owner of this business is looking to not only stay with the business for five years after sale, but has also offered to carry 25% or more! This architecture firm has a focus on higher education and K-12, with 4.1M in backlog, they are poised for an acquisition. The industry average for seller financing is 10%. This owner is open to a 30% carry showing good faith in the ongoing success and the seller’s vested interest in the success of the business after sale. The firm has nearly 20 years of experience under their belt, and their leadership team has been well mentored. The team consists of 31 employees including 2 SVP’s, 1 CFO, several architects, interior designers, and administrators. Based in New York City, this business has been able to accumulate an excellent reputation spurred on by happy clients which has led to 90% repeat clientele. A strategic new owner with experience in architecture and engineering would have 6 years of seller transitioning of the business and a foot into the New York market. This business currently only has hospital clients making up roughly 10% of their customer base and with their current team, resources, and connections this would be an excellent opportunity for growth without expending unnecessary resources. Priced at $4,300,000 this business is primed to return year over year success to anyone in a related industry. Someone that knows how to operate in this field would be able to not only enjoy the expected organic growth pattern brought forward by the world’s focus on education and building new opportunities, but put forth new growth opportunities without having to utilize exponential resources on accumulating additional assets.