This architecture firm provides B2B services to corporate clients in the hospitality, entertainment, and senior living industries throughout Toronto.
The firm has been established 30+ years and boasts a team of:
- 21 employees, including a CFO, general manager, 9 registered architects, 4 technical draftsmen, and 3
architect interns.
- They also have 3 contract architects who handle overflow work as needed.
Services include:
- Interior styling
- Architecture
- And design management.
Although they primarily serve the Ontario metropolitan area, they have performed work in the US in the past.
The owner have very limited billable hours in the business, providing team and project management as needed. The sellers are seeking a new owner due to succession and retirement planning, but to help ensure the ongoing success of the company, the owners are offering an extended transition period of 3-4 years.
With the purchase, a buyer would also receive over $480,000 in working capital and all the equipment and software needed. 2023 displayed an incredible profit margin of 64%! The price of $7,800,000 CAD includes a 15% seller promissory note alongside a 10% equity hold to show good faith in the continued success of the business post-close.
