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Niche Architecture & Design Firm with 2Million in WIP

Specialty in Schools and Churches with Senior Leaders!

CASH FLOW
$797,579

Specifications

 

The firm specializes in church projects and high-end research & development laboratories with a client base consisting of religious organizations and medical equipment companies. Their workload consists of 75% in churches, schools and places of worship, and 25% R&D and Medical laboratories with 98% of the client base being repeat or referral with some having a 20+ year tenure. The list of comprehensive architectural services offered include feasibility studies, design, entitlement, and interior design, ensuring a seamless process from concept to completion. The seller does little to no billable client hours but does provide general oversight to the team and financials. The operations are supported by a dedicated team of 10 full time employees, including a Sr. Licensed Architect, 2 Jr. Architects, project managers, and administrative personnel. The office space is 4,500 sq ft and supports all daily functions – it a collaborative work space with modern amenities. Planning for retirement, the seller is offering to stay onboard for 1-2 years post close to provide a successful transition of ownership. Additionally, the seller has offered to carry 10-15% of the purchase price to show his vested interest in the continued success of the business. With more than $2.2 million in work-in-progress and a proven track record of four consecutive years of revenue growth, this business is primed and ready for a new owner to step in and continue operations. Due to the new SBA guidelines, an industry buyer is only required to bring 2.5% as a down payment.

 

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210 N 78th St. 2nd Floor
Omaha, NE 68114

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f 402.939.0857

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The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.