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Greater Toronto Area Architecture with $7 Million in Contracts- Looking for A Strategic Buyer for sale in Greater Toronto Area, CAN

Greater Toronto Area, CANADA (CAN)

Asking Price: Gross: Cash Flow:
$ 1,025,000 $ 984,638 $ 195,974

Furniture and Fixtures Value:
(not included in the asking price)

Inventory Value:
(not included in the asking price)

Real Estate:
(not included in the asking price)

Business Summary:
They are a full-service Architecture Firm with a specialty incondos and interiors in the greater Toronto area.Established over 20 years ago, this Architecture Firm has a90% reoccurring client base made up of Developers,Engineers, and General Contractors, with a currentcontract value of $1,120,372 for 2023 and $4,259,955 for2024. The owner is looking to merge with a strategic buyerto take on the business side of the company while hecontinues operating the architecture and design side and iswilling to stay with the company for 5 years, while alsooffering a 20% vendor carry or equity roll, which shows hisvested interest in the continued success of the firm goingforward. They have a well-developed team of 4 Architectsand 3 in Administration. The owner currently assists withdesigns and manages the associate architects. Priced at$1,025,000, this is an incredible opportunity for a newowner to step in and focus on recruiting and businessdevelopment, while partnering with the current owner toexpand. Most clients are obtained through word-of-mouthreferrals and are often repeat clients.

 

   
Year Business was Established: 2002
   
Number of Employees: 7  
   
Owner willing to finance: 15% Buyer Down Payment $153,750 10% Vendor Take Back $102,500 10% Equity Roll $102,500 65% Bank Loan $666,250  
   
Owner willing to train: 5 years  
   
Reason for selling: Owner wants to merge his firm with a strategic buyer to take on the business side of the company while he continues operating the architecture and design.  
   
Seller Reference Number: AEI012-K
BusinessMart.com Listing Number: 300021
 

 

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For more info contact:

Cortney Sells

The Firm
4029985288

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