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The Firm

High End Hospitality Residential Architecture Firm For Sale

Ontario, Canada
Asking Price:
$6,150,000 (CAD)
Sales Revenue:
$5,237,035 (CAD)
Cash Flow:
$2,371,489 (CAD)

The owners of this high-end hospitality and residential architecture firm will finance or roll equity of 20% as a sign of faith and vested interest! With a 37% profit margin in 2020, the year 2021 is looking to be highly profitable for this niche architecture firm, with over $5.2M in annualized sales. Well-established in the Greater Toronto Area, their highly experienced team works out of a 7,500 sq. ft. leased space and includes 1 CFO, plus 2 registered architects on staff and 10 architectural technologists, all exceptionally skilled in the technical side of the full design process. They have a 95% recurring client base, with projects ranging in size from small boutique hotels to grand golf course clubhouses throughout Canada, each one customized to fit their clients’ vision. The residential work includes high-end custom estate type homes up to $40M in value.

The firm is renowned for their work at private public clubhouses and boutique hotels. Their comprehensive services include conceptual and schematic design, design development and construction documentation, permits and approvals, contractor bidding and/or negotiating, and construction contract administration. They have fixed fees for their clients, which helps bring in a tremendous number of commercial projects. One owner does large-scale project management and financials, while the other does small-scale project management. Both are accounted for in the cash flow analysis.

Priced at $6,150,000, growth potential is substantial. This business has seen steady growth in sales and profitability in the past 4 years; increasing marketing and promotional materials, focusing on high-end small boutique hotels throughout Canada, and expanding current client relationships would certainly lead to continued growth. The company’s owner and 2 on staff are members of the Ontario Association of Architects, and the owner holds licenses with British Columbia and Nova Scotia, as well as NCARB licensing in New York and Arizona.

Property Information

Location:

Primarily Greater Toronto Area

Premises Details:

Lease: 7,500 sq. ft. space (part of a 15,000 sq. ft. building)

Business Operation

Expansion Potential:

Growth Opportunities: Increase marketing/promotional efforts, focus on high-end small boutique hotels, expand current client relationships

Reasons for selling:

Retirement Planning

Employees:
28: 14 staff, including 2 registered architects, 10 architectural technologists, 1 CFO/Personal Assistant, and 1 PT secretary
Years established:
40+

Other Information

Support & training:

2-3 Years

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Purchase Price: $6,150,000

20% Buyer Down Payment $1,230,000
20% Seller Financing or Equity Roll $1,230,000
60% Bank Loan $3,690,000

*Seller will finance or roll equity of 20% as a sign of faith and vested interest.

Related Documents:

Contact The Firm

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