A Distinguished Architectural Firm - Still Growing
Business Description
A venerable and prestigious architectural firm that has provided designs for everything from commercial buildings to government establishments. The company has doubled its revenue over the past 3 years, and earnings have increased 4X. These are seasoned architects with the credentials and relationships to win Federal contracts for military facilities. Most projects have been located in the Southeast. The company provides the complete spectrum of full services from master planning to design and construction and project management. The company enjoys an abundance of opportunities and must be selective as to the best projects to accept with past clients and new relationships.
About the Business
- Years in Operation
- 51
- Employees
- 11 (9 Full-time, 2 Part-time)
- Currently Relocatable
- Yes
- Facilities & Assets
- The main office is located in a stand-alone building located in a quiet professional office park. The location is centrally located in order to service multiple projects throughout the Southeast. The company also has a second office located further north to service additional areas.
- Market Outlook / Competition
- The business competes based on its reputation for dependable service, practical design solutions, and disciplined project management. The firm has built its identity around delivering projects on time and within the client’s budget while still providing thoughtful, unique solutions that respond to each client’s specific needs. That combination of creativity, reliability, and budget awareness is especially important in public work, while also being highly valued by private clients.
- Opportunities for Growth
- The firm's biggest challenge is limited manpower relative to the opportunities available to the firm. "We have identified significant growth potential in K-12 education, universities and State Colleges, city and county governments, State work, Federal work, and the private sector. In several of these markets, we already possess the necessary experience and credential but lack the personnel and time to actively pursue the opportunities." With access to additional qualified personnel, the firm could continue to grow exponentially.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Although the company is booming, the owner is ready to retire.
- Transition Support
- Will train for 4 weeks @ $0 cost.
- Financing Options
- Lender pre-screened with $105K down.
Listing Info
- ID
- 2558258
- Listing Views
Listing ID: 2558258 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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