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- RE: Kauai Based Architecture Firm
- Contact: Not Disclosed
Quick Facts
Asking Price: | $505,000 | |
Annual Revenue: | $617,028 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $168,164 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1987 | |
Employees: | 5 | |
BBN Listing #: | 979198 | |
Broker Reference #: | AEI029-C |
Business Overview:
Their client base is evenly split between commercial clients and high-end residential homes. This boutique architecture firm offers planning, design, construction administration, and permit processing. Plus, the inclusion of sustainable design is particularly noteworthy given the increasing importance of environmental considerations in architecture. The team consists of two architects, a draftsman, a structural engineer intern, a project architect and an office manager. The owner is active, providing general oversight and assisting with the onboarding and planning of new projects – some of theseresponsibilities can be absorbed by the staff which suggests a capable and autonomous team. The seller has offered to stay with the business post-close for 3-5 years to show his dedication and to ensure a smooth transition. In addition to this transitional period, the seller has also offered to finance 20% of the purchase price to show his vested interest in the success of the business moving forward. This establishedfirm has over three decades of experience in the architectural industry, with a service area primarily centered on Kauai but also extending to other islands. The 2024 revenue is set to be the best year in over a decade! Priced at $505,000, A 10% down payment of $50,500 returns $89,234 in the first year after debt payments! This is a great opportunity for a buyer looking to expand geographically or a new architect looking to enjoy a reputation built over the past 3 decades. In terms of growth opportunities, the suggestion to implement a marketing strategy and collaborate with general contractors could help increase visibility and attract new clients.
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Market Competition and Expansion:
Implement a marketing strategy and collaborate with more property managers.
Reason for Selling:
Aging ownerAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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