SEEKING BUYER
2 buyers interested
Architecture Firm with specialty in Schools and Churches
Business Services · Los Angeles, CA, USA
revenue: $2,608,911
ebitda: $484,747
Exclusivity:
Exclusive Representation
SBA Eligiblity:
Eligible
Revenue:
$2,608,911
EBITDA:
$484,747
Purchase Price:
$1,590,000
Owner Financing:
$238,500
This architectural firm has been providing service
throughout Southern California for over 30 years! They
specialize in church projects and high-end research &
development laboratories with a client base consisting of
religious organizations and medical equipment companies.
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. architect, 2
Jr. architects, project managers, and administrative
personnel. 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 $2.7 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.