Architectural Services Firm
Location Michigan,United States
Asking Price Range < $250K
Gross Revenues $356000
Net Profit / Cash Flow $53000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1970
Number of Employees 4 - 5
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training Provided.
Reason for Sale Retirement.
Description This prestigious architectural services firm has had a significant positive impact in the area that it serves. Hospitals, colleges, public and private schools, historical renovations, banks, parks, and many other public and private buildings built or renovated in the area stands out in its beauty and functional design. Competition for these projects has been minimal due to the impeccable reputation of this firm. The staff members of this firm are talented in functional design as well as the aesthetic features that are necessary for the continued success of the business. Housed in a historical building beautifully renovated by the firm, all the equipment and tools of the trade are state of the art and very impressive to the client or potential client. The current active project list consists of at least 6 projects under construction. Future potential projects number 22 of which the owner believes that >80% will come to fruition, estimate gross revenues for 2005-06 is $330,000, 2006-07 is $925,000, and 2007-08 is $870,000. The future workload is very heavy; the owner will need additional staff in place in order to complete these projects. The seller of the business is willing to stay on throughout a lengthy transition period in order to insure the buyer's future success. This is an excellent opportunity for a talented architect to grow and prosper in a very nice community. Non-Disclosure agreement must be signed before name and location of business is disclosed. Email or contact Glen at 734-929-9032 for more information on this Architectural Services business for sale.
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