Active
Architectural Firm, Award-Winning with 53% Net Income (71350)
Location:
Located in Historic Savannah, Georgia, company facilities are 2,000 square feet (owned) for lease with an Option to Purchase for additional $950K.
Markets:
The company directly targets High-End clientele by marketing to custom residential property owners from Charleston, South Carolina to Sea Island, Georgia. Clientele includes homeowners, contractors, business owners, interior designers, city planners, and landscape architects.
Description:
This architectural design firm specializes in Custom Design Services and Small Commercial Projects, involved in all phases of: Site Analysis, Design Services, Construction, Final Completion. High Quality Construction Documents, Construction Observation, Communications, and Negotiations. 35-Year history.
Requirements: An Architectural Degree, Licenses by State, an accomplished level of skills in Conceptual Design.
Extra Details:
Archived Executed Designs (latent value of $100,000) are included. Seller is willing to continue in Business Management and as Staff Architect (subject to compensation), for a transition period of a full year’s time and then for four years after that as an inside consultant, to operate as a Branch Office, or to mentor the New Owner.
Listed By: Ann Parsley
Background information
Seller Number:
71350
Year established:
1987
Reason selling:
Approaching retirement.
Finance
Sales:
$292,063
Profits:
$95,220
Profit type:
Net Income
Operations
Employees:
4 nonunion.
Equipment:
$50,000
Inventory:
Included.
Premises
Facility:
Property valued at $950,000 is available for optional purchase outside of Asking Price.
Square footage:
2,000+/-
Location:
Leased.
Opportunities
Market:
Word of Mouth & Internet.
Price and terms
Price:
$200,000
Financing:
Financing can be negotiable for the right buyer.
Owner Transition:
Flexible owner transition, up to 18 months available.