Residential Architecture Firm: Seeking Strategic Buyer For Sale

Los Angeles, California - South, US, ID 194748

Residential Architecture Firm: Seeking Strategic Buyer For Sale 1
Residential Architecture Firm: Seeking Strategic Buyer For Sale 1
Asking price:
On request
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Description

Working in affluent residential architecture, this firm specializes in custom architecture and interior design. Approximately 75 percent of projects are single family residential, 15 percent commercial, and 10 percent condominium and multifamily developments. The business is focused in high end markets including Beverly Hills, Bel Air, West Hollywood, and Santa Monica, with the majority of projects concentrated in the Los Angeles area. The client base includes builders, property owners, and business owners seeking high quality design and architectural services. Operations are supported by two remote administrative staff members, with the owner actively involved in the business. The seller is seeking a strategic growth oriented buyer and is willing to remain involved for 3 to 5 years post closing. The seller has also offered to retain or carry approximately 30 percent of the purchase price, demonstrating ongoing commitment to the business. Priced at 515,000, the company includes a strong backlog of work. Growth opportunities include expansion into international markets such as Saudi Arabia, Dubai, and China, providing additional avenues for scale and brand exposure.

Details

Real Estate: Lease
Employees (ppl): 2
Reason for selling: Health or personal issues

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