Gta Architecture-$7million In Contracts Strategic Buyer Needed For Sale

They are a full-service Architecture Firm with a specialty in
condos and interiors in the greater Toronto area.
Established over 20 years ago, this Architecture Firm has a
90% reoccurring client base made up of Developers,
Engineers, and General Contractors, with a current
contract value of $1,120,372 for 2023 and $4,259,955 for
2024. The owner is looking to merge with a strategic buyer
to take on the business side of the company while he
continues operating the architecture and design side and is
willing to stay with the company for 5 years, while also
offering a 20% vendor carry or equity roll, which shows his
vested interest in the continued success of the firm going
forward. They have a well-developed team of 4 Architects
and 3 in Administration. The owner currently assists with
designs and manages the associate architects. Priced at
$1,025,000, this is an incredible opportunity for a new
owner to step in and focus on recruiting and business
development, while partnering with the current owner to
expand. Most clients are obtained through word-of-mouth
referrals and are often repeat clients.