No photo available
The owners of this architecture firm has 75% recurring clients – the owners will stay on 3-10 years! With multiple locations and 78 professionals on staff, this firm specializes in architecture (75%), interior design (20%), and landscape architecture. Established In 1973, the business has a 3-year average cash flow of over $3.3M and an 18% profit margin. The owners are looking for an industry consolidation and are willing to roll equity up to 20%, showing a vested interest in the company. Their highly skilled team of many long-tenured employees includes a 53 Architecture Associates, 14 in Interior Design, 2 in Landscape Architecture, and 9 Operations Associates; all staff members serve firm-wide functions. There are a number of current employees who the owners have identified as having the aptitude to grow into leadership roles in the future. The majority of their client base is in the private sector, with a significant portion of those being developers for individual corporate clients and higher education. Serving regionally in Pennsylvania, Delaware, New Jersey, and Maryland, the team currently has approximately 300 active projects.
The firm is known for providing top-notch architecture and design services in the area for 47 years. There is immense growth potential through a smaller bolt-on acquisitions, and a new owner could expand market share in healthcare and senior living.
The current owners want to establish an economically sustainable model for the purchase of shares from the three principals who will reach retirement age within the next 3 to 7 years. A sale could also provide the opportunity for enhanced growth.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.