Successful Architecture And Planning Company
Not Disclosed, OH Not Disclosed
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- RE: Successful Architecture And Planning Company
- Contact: Grant Taylor
Quick Facts
| Asking Price: | $3,200,000 | |
| Annual Revenue: | $3,684,997 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,058,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 985390 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
With over 70 years of dedicated service, this architecture company stands as a cornerstone in providing top-tier architectural and interior design services. It specializes in diverse building types, including housing, healthcare, education, veterinary, retail, commercial, government, and recreational facilities, primarily serving clients in Ohio. The target customer base consists of clients with repeat business, particularly in the housing, healthcare, education, and government sectors.
Currently, they have approximately 50 active projects.The company operates from a single 8,500 sq ft facility, which was renovated about nine years ago and is currently utilized at approximately 75% capacity, allowing room for about 40% employee growth. The company employs 3 partners, 4 project managers, 5 full-time interns and drafters, and 1 office manager.
The company markets its services through Requests for Qualifications, trade shows, and word-of-mouth, with Requests for Qualifications being their primary channel for acquiring new business. Pricing is in line with industry standards and business development is led by one of the founders while finances are handled by another. They do not have a dedicated sales force or independent sales representatives.
Two partners plan to retire, while the third partner and staff remain, ensuring a smooth transition with the retiring partners staying on as needed.
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Market Competition and Expansion:
The current facility operates at only 75% capacity, allowing for significant expansion of staff and projects without requiring immediate capital investment in new space. A long-standing history and established reputation in the Ohio area provide a solid foundation for attracting new clients and potentially expanding into new markets. A strategic investment in more targeted marketing and sales initiatives could complement current methods (RFQs, trade shows, and word-of-mouth) and effectively reach a wider audience.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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