Multi Location Architecture Firm: Owners will carry 25%

Business Summary:
This architecture firm largely serves the K-12, collegiate, and multifamily sectors. They have provided their services to over 80 campuses across the US! They have the ability to work on 20-25 projects at a time, which has allowed both great customer diversity and an incredible 90% client return rate! With 2 prime locations and over $5M in backlog, this firm is currently working with clients in Arkansas, Oklahoma, Texas, Colorado, Florida, Connecticut, New Mexico, Kansas, Missouri, and in the New England Area. There is a robust team of 24 including 1 CFO/Senior Executive, 6 Project Managers/Lead Architects, 12 Architectural Designers, 1 Interior Designer, 1 Marketing Director, 1 Marketing Assistant, 1 Office Administrator, and 1 Student Intern. The owner is willing to provide a seller carry or roll equity for up to 25% of the purchase in addition to a 4-year transition to show good faith and vested interest in the continued success of the business after closing. This firm has an immaculate reputation after 30+ years in the market. Priced at $3,950,000, strong growth opportunities exist for this architectural firm, with only a small percentage of the regional school district market tapped and a lot of space for winning additional multifamily contracts. All of the employees are full-time and experienced in their positions, and their leadership team has been well mentored. This firm’s extensive experience allows them to regularly win projects over larger national entities. Focused largely on K-12 and University work, they will flourish with the new infrastructure bill and will not fall victim to any looming recession.