Looking for a buyer.
This Boston based design & architecture firm serves international clients, with areas of service including New England, the Middle East, the Caribbean, Chicago, Texas, and more! Established in 1989, the firm’s work is recognizable from Times Square to Saudi Arabia, and they’ve built a high reputation world-wide. Focusing on interior architecture and mostly commercial clients, the firm has more than 220 hotels & restaurant projects under its belt. They also are able to take on diverse projects, with examples ranging from fitness centers, health clubs, country clubs, cafes, entertainment venues, aquariums, planetariums, and even palaces! They have directed projects in excess of $5 billion and enjoy a history of awards and recognition as a leader in the space. The current owner is willing to stay on for 2-4 years to help ease transition, and is offering 20% financing as a show of good faith in the business moving forward. The business is best known for their timeliness and their guarantee to always be on budget. This design firm is a very well known in the Boston area and most clients are acquired through word-of-mouth referrals from completed contracts. Along with a great reputation, they also have excellent personnel. Employees include 1 design director, 1 senior designer, 1 senior CAD designer, 1 designer, 1 purchasing agent, 1 junior designer, 1 renderer, and 1 bookkeeper. Creating additional marketing plans and increasing in-person sales are options to help continue to grow this business. The firm is currently under contract for a 10,000 square foot restaurant and six other restaurant venues. Priced at $710,000, this is a business opportunity with outstanding growth potential. The owner does not do any drawing or CAD work but oversees overall strategy and interfaces with key employees. The current plan is also to expand staff to include two more senior designers and an intern.

listing type
exclusive representation
industry
Business Services
location
Boston, MA, USA
revenue
$3,186,952
ebitda
$304,548
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