Residential Architectural Firm with Sales

California
Asking Price: $620,000
Business For Sale Details
Listed on Oct 7, 2021

Situated in the Northern Bay Area of California, this listing provides unique architectural concepts for residential projects, from master and upscale facilities to interior designs. Benefited by a strong reputation and positive ratings, the company specializes in custom high-end residential work (90%) and has dabbled in multi-family ventures as well. Ready to capitalize on recent work with new fire-resistant builds that’s given a strong niche in the industry, a strategic buyer can take business to the next level. In fact, new ownership would do well to concentrate on expansion in the Northern California and the multiple fire zones of the Sierras and northern counties. Two experienced nonunion employees are likely to remain post-purchase and facilitate streamlined operations during a smooth transitioning period. The leased administrative space of 1,100 square feet is located in a desirable area and there is an opportunity to expand the space if desired; it is on the first floor and attractive to walk in clients. Mostly servicing North California with some projects in Nevada, Oregon and Hawaii as well, the marketing efforts focus on referrals from recurring customers, company website and organic digital traffic, additionally internet and print media ads have brought in new clients. Current ownership will be available for a smooth transition. With flexibility for growth optimizations and expansions, 2021 sales are on target to pass $700,000 with profit margins over 50%, a strong rebound from last year. Revenues for 2020 were adversely effected by the pandemic, but still reached $388,502 alongside Discretionary Earnings of $131,574, based on an independent evaluation!
Listing includes Equipment of $81,301 and Inventory.

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Financials (USD)

Asking Price $620,000

Cash Flow $131,574

Sales $700,000

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Yes

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? No

Management will stay? Available On Request

Relocatable? Yes

Real Estate? No

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