Architecture Firm With Specialty In Schools And Churches For Sale

Description

This architectural firm has been providing services throughout Southern California for over 30 years. The company specializes in church projects and high end research and development laboratories, serving a client base that includes religious organizations and medical equipment companies.The firm offers a full range of architectural services including feasibility studies, design, entitlement, and interior design, providing a seamless process from concept through completion. The current owner performs little to no billable client work and primarily provides general oversight of the team and financial management.Operations are supported by a dedicated team of 10 full time employees, including a senior architect, two junior architects, project managers, and administrative staff.The seller is planning for retirement and is willing to remain involved for 1 to 2 years after closing to ensure a smooth transition of ownership. In addition, the seller has offered to carry 10 to 15 percent of the purchase price, demonstrating continued commitment to the long term success of the business.With more than 2.7 million in work in progress and a consistent record of revenue growth over four consecutive years, the business is well positioned for a new owner to step in and continue operations.Due to updated SBA guidelines, an industry buyer is only required to contribute a 2.5 percent down payment.