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Architecture Services in Healthcare, Restaurants & Education—TN

TN

Architecture Services in Healthcare, Restaurants & Education—TN
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $1,500,000

EBITDA: $415,000

FF&E: N/A

Inventory: N/A

Established: N/A

Architecture Services in Healthcare, Restaurants & Education—TN

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Business Description

Available for acquisition is a boutique architecture and design firm headquartered in Tennessee. As a seasoned Company, it specializes in healthcare and restaurant design.

Revenue is generated from project designs with a majority of sales in TN (71% of sales) and with other states that include Indiana, Illinois, Kentucky and Missouri. Historically, the Company has performed work in 24 different states as well as Europe. Licensure currently extends to 12 states.

INVESTMENT APPEAL

Barriers to Entry—Obtaining a license as an architect requires an accredited degree, specific work experience and successful completion of professional registration examinations. The Company maintains two licensed architects on staff and expends to 14 states on the Southeast.

Strong Employee Base—All employees are cross-trained and required to wear multiple hats. They are able to take on responsibilities depending on what the situation demands, which includes development of strategic and marketing plans, courting potential clients, identify/assessing specific project opportunities, making go/no-go decisions, and developing winning strategies. This helps diversify the owner dependency in this business model.

Non-Tendered Relationship—The Company has relationships that result in non-tendered work which also can lead to long lasting relationships. The non-tendered work is usually less price sensitive, higher margin and lower volume. Management estimates that 80% of projects come from word-of-mouth referrals due to their reputation.

Fastest Growing City and Market to Watch for Overall Real Estate Prospects—This city in Tennessee is considered one of the fastest growing city and ranked as one of the top US market to watch for overall real estate prospects in consideration of investment and development.

Detailed Information

Employees:
4
Reason for Selling:
Exit Planning (Retirement)
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(from currently available funds)
 
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Sam Sumner

Business Listed By:
Sam Sumner

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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