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Architecture Firm in Ottawa with Nearly 3M in Sales for sale in Ottawa, ON, CAN

Ottawa, ON, CANADA (CAN)

Asking Price: Gross: Cash Flow:
$ 439,500 $ 2,570,755 $ 146,469

Business Summary:
Established for over 30 years, this Ottawa-based architectural firm boasts high customer satisfaction, resulting in 90-95% repeat clients. With 25 current jobs, the two owners are to ensure customer retention! The diverse client base is 50% institutional, 20% commercial, 20% industrial and 10% residential. Projects are predominantly local (80%) but the business has a regional reach as well. The 2,400 sq./ft. of office space includes 4 offices, a conference room and 9 work stations. There is a team of twelve full-time employees, 1 director, 2 administrative staff, and 3 architects, 6 technical staff. The 3 principals are involved in project management, supporting the successful completion of projects. They expertly manage multi-year contracts as well as those that take only months to complete. The business is committed to professional service and understanding client mission and goals allows for effective design, scheduling, budgeting and overall efficiency of process, meeting all client needs regardless of project scope. Staying up-to-date on technology by using the latest Auto CAD and 3D design programs, continuous staff education and award-winning designs also support continued success. While one principal plans to retire, two would be open to remaining after the sale. This would allow continuation of current services, but also support additional growth by a new Owner.

 

   
Year Business was Established: 31
   
Number of Employees: 12  
   
Facilities / Terms of Lease: 2,400 sq./ft useable office space and 700 sq./ft of basement storage for $7,000/mo.  
   
Potential Growth/Expansion: Take on additional projects  
   
Owner willing to finance: 20% Seller Financing: $87,900  
   
Reason for selling: Retirement planning  
   
Seller Reference Number: PRO043
BusinessMart.com Listing Number: 240233
 

 

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Cortney Sells

The Firm Business Brokerage
4029985288

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