Established Architecture Firm, Kauai - Services, Growth
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Asking Price
$505,000
Detailed Information
Kauai, Hawaii, US
Not Provided
NA
Business Description
This boutique architecture firm has an established client base with a focus on both commercial clients and high-end residential homes. They offer a range of services including planning, design, construction administration, and permit processing, with a notable emphasis on sustainable design. The team consists of two architects, a draftsman, a structural engineer intern, a project architect, and an office manager, showcasing a capable and autonomous team under active ownership. The seller is willing to stay with the business post-close for 3-5 years to ensure a smooth transition and has offered to finance 20% of the purchase price, demonstrating dedication to the business's success. With over three decades of experience in the architectural industry, primarily servicing Kauai with expansion to other islands, this established firm is poised for continued success, with projected 2024 revenue indicating the best year in over a decade. Priced at $505,000 with a potential return of $89,234 in the first year after debt payments from a 10