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Businesses For Sale > Business For Sale in Cumberland County, Pennsylvania (PA)

Well Established Architects and Consultants for sale in Cumberland County, PA

Cumberland County, Pennsylvania (PA)

Asking Price: Gross: Cash Flow:
$ 1,000,000 $ 1,189,453 $ 514,988

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:
This Architectural Firm was established in 1985 and continues very strong to the present. Their workloads and focuses are very broad among multiple industries throughout the Mid-Atlantic region. The Firm has a stellar reputation and has worked with large companies in its tenure, including the grocery sales industry for construction and remodeling projects (estimated at 200 locations in the grocery industry), and a major pharmaceutical chain (estimated at 300 locations in multiple states). The Firm also has been involved in the design and implementation of approximately 100 banks and financial service centers. They have a niche of working with public safety facilities, and community emergency services including fire, EMS, and police facilities. The business has a strong presence at the local, township, county, and state levels. Additional industry focus is provided with architectural and project implementation with commercial, education, and retail facilities. The reputation of the Firm, the owner and staff are of such a respect and quality that repeat opportunities are accepted and engaged. The Firm also receives significant referrals to others based on relationships and quality of work. Following a short training period, the owner would like to remain in an agreed-upon salaried position in order to make personal and productive introductions to all clients and assist in projects in place for a very smooth transition. Two current employees comprised of a Project Manager and Office Manager have a long history with the Firm and would like to remain.

 

   
Year Business was Established: 1985
   
Number of Employees: 2 FT  
   
Facilities / Terms of Lease: There is no real estate that will transfer with the sale. The Company is based in an 1,835 sq.ft. office building leased at 16.50/sq.ft. which equals $2,523.13 with a 2% increase each year. The CAM fee is $6.00/sq. ft.  
   
Potential Growth/Expansion: There are opportunities to grow the firm's revenues in several areas. Increased marketing exposure within the Public Safety field and Emergency Services facilities will allow for higher revenues. While current relationships with construction companies and contractors are strong, expansion of relationships will provide opportunities within and possibly outside the geographic areas now served. Continued focus on website development as projects are completed and perhaps digital marketing may increase the growth potential. Staffing remaining brings a wealth of knowledge, expertise, and commitment to support further growth.  
   
Competition: In the case of this very successful firm, competition with other architects or firms is minimal. With their contacts, experience, reputation and the way projects are bid, they historically receive repeat projects, or with the specialty of their business focus, they rarely compete with other firms locally, regionally, or in other states. The niche developed and reputation established for public service and emergency services facilities are very specialized for continued opportunities.  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: The owner would like to retire.  
   
Seller Reference Number: 2602-18496
BusinessMart.com Listing Number: 310976
 

 

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For more info contact:

Evelyn Correa

Murphy Business & Financial Services
727-725-7090

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