Niche Architecture Firm with 2 Well Staffed Locations

This niche architecture firm has an established nationwide client base thanks to their 2 locations in Oklahoma and Texas as well as their services specializing in architecture and planning in higher education, K-12 education, multifamily housing, and hospitals. The purchase of this business would not only include over $1M in assets, and $3.8M in backlog, but also comes with an excellent reputation cultivated through 16 years of exceptional customer service given by their skilled staff. This extremely capable staff consists of 28 full-time employees including several architects, interior designers, and administrators. The firm is set to do exceptionally well in 2022 with their current financial information annualizing to show over $6.1M in revenue for###-###-#### The current owner is looking to retire and have offered both a training/transition period of 2-3 years to ensure a smooth transition of ownership, and 10% seller financing and 15% equity roll to show good faith in the business’s ability to continue successfully moving forward. The owner primarily handles overall management, he has no reason to believe that a change of ownership would lead to a loss of clients or employees. This is especially true with the previously mentioned lengthy transition period offered. His salary has been accounted for in our cash flow analysis and the above listed cash flow. Not only would new ownership have the opportunity to ride the current growth pattern after purchase, they are also offered an additional route of growth with no additional staff or purchases needed. New ownership could easily grow the current hospital architecture projects and clients to expand their opportunities within the business. This business has been priced at $4,100,000 due to the recent cash flow, long-standing client base, 16 years of service and reputation, multiple locations, wide geographic range of client base, over $1.1M in assets included, 28 skilled employees, and the outstanding offered training period from new ownership. All of these amenities included leads new ownership to the ability to continue business as is and grow with expanded services at no foreseen additional costs.