Greater Toronto Area Architecture with $7 Million in Contracts- Looking for A Strategic Buyer
Greater Toronto Area, CANADA
| Asking Price: |
Gross: |
Cash Flow: |
| $1,025,000 |
$984,638 |
$195,974 |
Furniture and Fixtures Value:
$0 ( not included in the asking price)
Inventory Value:
$0 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
They are a full-service Architecture Firm with a specialty incondos and interiors in the greater Toronto area.Established over 20 years ago, this Architecture Firm has a90% reoccurring client base made up of Developers,Engineers, and General Contractors, with a currentcontract value of $1,120,372 for 2023 and $4,259,955 for2024. The owner is looking to merge with a strategic buyerto take on the business side of the company while hecontinues operating the architecture and design side and iswilling to stay with the company for 5 years, while alsooffering a 20% vendor carry or equity roll, which shows hisvested interest in the continued success of the firm goingforward. They have a well-developed team of 4 Architectsand 3 in Administration. The owner currently assists withdesigns and manages the associate architects. Priced at$1,025,000, this is an incredible opportunity for a newowner to step in and focus on recruiting and businessdevelopment, while partnering with the current owner toexpand. Most clients are obtained through word-of-mouthreferrals and are often repeat clients.
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| Year
Business was Established: 2002 |
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| Number of Employees:
7 |
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| Owner
willing to finance:
15% Buyer Down Payment $153,750 10% Vendor Take Back $102,500 10% Equity Roll $102,500 65% Bank Loan $666,250 |
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| Owner
willing to train:
5 years |
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| Reason for selling:
Owner wants to merge his firm
with a strategic buyer to take on the business side of
the company while he continues operating the
architecture and design. |
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| REQUEST MORE INFO |
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