High-End Commercial & Residential Architect in Bay Area (17719)
ConstructionFor Sale in CA
Financial & Assets Details
About the Business
Operating from prime location in the Bay Area of California, this highly reputable firm designs residential housing (80%) and commercial buildings (20%) for construction. They also provide construction administration services, permit services, and sourcing structural design services to help streamline the process. With many clients including public figures and high net worth individuals, their primary services consist of comprehensive design and engineering for high-end residential projects for new housing construction and remodels. Recurring revenue streams are one major highlight for this opportunity; real estate broker referrals, educational institutions, business networking and construction contractors provide a significant opportunity for further growth. Alternatively, this is an excellent add-on for builders looking to keep everything in-house. Primarily performing construction administrative services and some office duties, the seller is well-versed with builder expertise and open minded to stay on long-term or exit after transitioning as they want to see the new ownership succeed. The other team members handle design, modeling, drafting, office duties, graphics, and customer service. Currently experiencing a significant increase in work demand, earnings are significantly boosted for 2021 over 2020. In 2020, the Company’s total revenue was $503,782, with Seller’s Discretionary Earnings of $252,803. The company is utilizing less than 1,000 sq. ft. for base operations but the prime location still sees walk-ins and is available for purchase if desired. This business model represents an opportunity to build more relationships with contractors and implement marketing methods involving digital and direct selling.
Negotiable up to 20% for the right buyer.
Property is available for optional purchase separate of Asking Price!
Support & Training
Owner Transition Period from 3 months to 10 years!
Reason for Selling:
Approaching retirement and/or pursuing other interests.