Looking for a buyer.
Established in 1989, this architecture and design firm serves international clients, with areas of service including New England, the Middle East, the Caribbean, Midwest U.S., Texas, and more! 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. This company has more than 220 hotels & restaurant projects under its belt. Though they mostly focus on condos and hospitality, they are also able to take on diverse projects in the commercial and industrial field. They have directed projects in excess of $5 billion and enjoy a history of awards and recognition as a leader in the industry. With an affluent worldwide client base, the current owner of this profitable Boston based design and architecture firm is willing to stay on for 2-4 years to help ease transition. The owner is also 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. 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. . We based our valuation of this company on the###-###-#### pre Covid) and 2022 projected (post Covid) numbers due to the fact that the###-###-#### numbers are not in tune with continuing operations for the firm. Priced at $1,050,000 , 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.
Boston, MA, USA
Boston, MA, USA
To download teaser or contact poster, please sign in.