Listing Details:

• Business Category:     Architecture
• Price:                             $196,000
• Gross Revenue:           $915,520
• SDE:                              $111,643
  
• Seller Financing:          $19,600
• Location:                       SW Metro MSP
• Employees:                   5
• FF&E:                             $61,056
• Support & training:       4 weeks
• Reason for Selling:       Retirement    
• Non Compete:               200 Miles for 5 Years   
• Years Owned:                34 Years

Business Description

This small architectural firm specializing in commercial and industrial projects. The firm is known for its targeted expertise in industrial projects, including warehousing, office warehouses, distribution centers, bulk warehouses, office research centers, retail buildings, medical office buildings, corporate office buildings, and parking ramps. Approximately one-third of the business is dedicated to interior design work, focusing on interior tenant improvements in both office and industrial buildings. 

Business History

Established in 1991, the firm has been serving clients for over three decades. It has moved facilities several times and has been at its current location for over 20 years. The business has built a strong reputation in the local industry, with all projects coming through word-of-mouth and repeat clients.

Competitive Analysis

The business competes with several firms in the region, however, these competitors are generally larger with more overhead. This firm offers a more nimble and cost-effective solution for clients. Strong relationships with landlords and its ability to handle tenant churn efficiently provide a competitive edge.

Growth Potential

The firm has significant growth potential due to its established reputation and strong client relationships. The prime location in the Twin Cities market offers opportunities for expansion. Additionally, the firm’s expertise in industrial projects and tenant improvements positions it well to capitalize on the growing demand for commercial and industrial spaces.

Number of Employees

Managers: 0

Full Time: 4

Part Time: 1

Total: 5