Middle Tennessee Architecture Firm – Very Profitable
Asking Price: $850,000
Cash Flow: $241,989
Gross Revenue: $1,263,830
Generalist Architecture firm in the Middle Tennessee area has been operating since the early 1980’s. It has developed some of the most iconic buildings/parks etc. in the area. There are 2 license architects including the current owner with 3 other full time employees. The second licensed architect will stay with the company and has been employed at the company for twelve years. Their work includes projects completed in the fields of Medical, Educational, Recreational, Retail, Hotel and more. They have completed a variety of those project types for regional clients in approx. twenty states in the Eastern US. The completed projects include services of Design, Construction Administration and Leed Documentation. The relationships they have developed over time with members of cities and states as well as private companies have them at the top of the list when deciding on future projects. This is a great business with a strong history of development. The current owner is willing to stay on for a significantly extended amount of time to help transition as well as manage all handover of business contacts.
- Real Estate:
- Building SF:
- Lease Expiration:
- The company has an 2,400 sqft. office leased until 2020.
- They have normal local competition. They have a great customer base that has been with them for many years and are great referral sources.
- Growth & Expansion:
- Biggest asset of business is the possibility of expansion. The business would be able to bid and work on more projects with an increase in staff and support.
- Support & Training:
- Seller will support transition over an extended amount of time with a prolonged transition period over the phone/email etc.
- Reason for Selling: