This Calgary-based architecture firm, with a history of 34 years in
the industry, has established itself as a reputable and dependable
entity. The team of 9 employees consists of a Senior Project
Manager, a Registered Senior Project Architect, an experienced
staff architect in the process of acquiring their architecture
registration, and 2 administrative employees handling project
invoicing and accounting. The firm specializes in senior care
facilities and commercial mixed-use properties, and in 2022, it
grossed 1.5 million in sales with $746,497 in cash flow, resulting
in an impressive profit margin of 49%. The firm offers a
comprehensive range of services, including architectural and
master-planning solutions, from briefing to final certificate. The
current owner, who actively works as an architect and oversees
the general operations, has generously offered a 3-4-year training
and transition period with the necessary retainment salary
accounted for in the listed cash flow. Additionally, as a gesture of
confidence in the firm's ongoing success, the owner has offered a
20% seller carry. Despite initial challenges due to the COVID-19
pandemic, the firm has regained stability and surpassed prepandemic performance, with increased gross revenue and nearly
doubled profit margins, affirming the firm's resilience and
adaptability.
While the firm primarily works with clients in Canada, it boasts an
international portfolio, having completed projects in the US, India,
China, Malaysia, and other countries. The owner has decided to
sell the firm to plan for retirement. In addition to the long-standing
reputation, 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 highly
reliable investment opportunity for larger firms looking to expand
their portfolio, smaller architecture firms aiming to double in size,
or young architects seeking their first step into the professional
industry with an established portfolio and reputation.
- Asking Price:
- $1,825,000 (CAD)
- Sales Revenue:
- $1,878,183 (CAD)
- Cash Flow:
- $746,497 (CAD)
Property Information
- Real Estate:
-
Lease
Business Operation
- Reasons for selling:
-
Aging owner - Retirement Planning
- Employees:
- 9
- Years established:
- 1988