Business Summary:
For over 30 years this Boston based firm has catered to theirportfolio of repeat commercial clients. This multi-facetedgroup of designers and purchasing agents specialize inproviding complete services for both new construction andrefurbishing of commercial interiors. The team consists of 1Design Director, 1 Senior Designer, 1 Designer, 1 PurchasingAgent, and 1 Bookkeeper. The business has an impressiveclient portfolio that includes renowned names like, HiltonHotels, Marriott International/Starwood Hotels, Hyatt HotelsCorporation, TAJ Hotels, members of the Royal families ofQatar, The Kingdom of Saudi Arabia, the Prime Minister ofTurkey, and has completed more than 220 condo high-rises,hotels & restaurants. The owner does not do any billable workbut oversees strategy and interfaces with key employees, hehas limited client interaction as he is only in the office threedays per week. The current owner of this profitable designand architecture firm is willing to stay on for 2-4 years to helpease the transition and is offering to carry 10% of thepurchase price plus roll equity of 10% to show good faith inthe future success of this firm. The current owner is anewlywed, looking to sell this business so he can move out ofstate.Priced at $1,075,000, with nearly 2 million in sales andconsistent cashflow, this business is primed for a new ownerto step in and reap the benefits of this established firm. Thereis an opportunity for growth in the business development ofthis organization as most of their clients are repeat/existingbase.
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