Business Summary:
This Calgary-based architecture firm, with a history of 34 years inthe industry, has established itself as a reputable and dependableentity. The team of 9 employees consists of a Senior ProjectManager, a Registered Senior Project Architect, an experiencedstaff architect in the process of acquiring their architectureregistration, and 2 administrative employees handling projectinvoicing and accounting. The firm specializes in senior carefacilities and commercial mixed-use properties, and in 2022, itgrossed 1.5 million in sales with $746,497 in cash flow, resultingin an impressive profit margin of 49%. The firm offers acomprehensive range of services, including architectural andmaster-planning solutions, from briefing to final certificate. Thecurrent owner, who actively works as an architect and overseesthe general operations, has generously offered a 3-4-year trainingand transition period with the necessary retainment salaryaccounted for in the listed cash flow. Additionally, as a gesture ofconfidence in the firm's ongoing success, the owner has offered a20% seller carry. Despite initial challenges due to the COVID-19pandemic, the firm has regained stability and surpassed prepandemic performance, with increased gross revenue and nearlydoubled profit margins, affirming the firm's resilience andadaptability.While the firm primarily works with clients in Canada, it boasts aninternational portfolio, having completed projects in the US, India,China, Malaysia, and other countries. The owner has decided tosell the firm to plan for retirement. In addition to the long-standingreputation, a new owner will acquire a working capital worth$335,141, which is included in the purchase price.Priced at $1,825,000, this architecture firm represents a highlyreliable investment opportunity for larger firms looking to expandtheir portfolio, smaller architecture firms aiming to double in size,or young architects seeking their first step into the professionalindustry with an established portfolio and reputation.
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