Healthcare Architectural & Interior Design Firm

North East

Healthcare Architectural & Interior Design Firm

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$4,500,000

EBITDA:$1,100,000

FF&E:N/A

Inventory:N/A

Established:1993

Healthcare Architectural & Interior Design Firm

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Business Description

The Company specializes in architecture services, interior design, and project management for premier healthcare and institutional facilities throughout the Northeast US. Typical projects include facility expansion and redevelopment, critical care unit design, major equipment planning and installation, building renovation, interior design, facilities master planning, and other architectural and interior design services. Additionally, it partners with engineering, healthcare, and other architectural service firms on numerous cooperative projects. The Company maintains long-term client relationships, and has a total customer base of approximately 40 current accounts, 100% of which are recurring. Historically, 80% of total revenue was from repeat business. Its long-term client relationships cover a span of 5 to 25 years, with projects of varying sizes completed. It currently employs 17 full-time employees that operate from two geographically separate office locations of 3,700 and 5,500 square feet.

Detailed Information

Growth & Expansion:
Forces Impacting Healthcare Infrastructure: Includes the continued aging of the ‘baby boomer’ population and the requirements of the Affordable Care Act. Both necessitate that healthcare providers fully utilize their facilities and real estate in order to stay competitive and accommodate added demand efficiently. This and the acquisition of many physician practices by healthcare systems completes the paradigm shift in the way healthcare is provided, puts added pressure on limited facilities and will result in a continued need for the renewal of healthcare facilities well into the future. Service Strategy: Based on current healthcare trends to consolidate physician office and ambulatory space into multi-specialty centers, the firm has developed a unique documentation approach that is based on space and finish standards, which allows healthcare clients to promptly develop facilities of a consistent quality and look, in limited time especially on projects within leased spaces. Because this approach is based on detailing standard room types, details and finishes, project drawings are completed swiftly since the bulk of time is spent only documenting the exceptions to those standards. The firm has successfully marketed this approach to existing and new healthcare systems clients, physician practices and healthcare developers and it now forms a key part of its future marketing strategy.
Financing:
Negotiable
Support & Training:
Management will remain through transition: The Company’s officers are willing to stay through the transition period, and would consider remaining with new management for a period of one to five years. Company officers may consider a minority position within the new ownership, if offered.

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Ahmad Behjati

Business Listed By:
Ahmad Behjati

Behjati Capital Group LLC Mergers & Aquisitions

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