Architectural Firm For Sale

Business description

This small architectural firm offers a great opportunity for an architect who is prepared to work full time in expanding the practice. Located in a Washington/MD suburb, it has been established for more than 25 years, and is available due to the planned retirement of its owner. For the last several years it has been operating on a limited time basis, and presents a great opportunity for the right person. The firm has designed restaurants, banks, remodels and additions to various types of businesses, as well as doing government inspections, when requested. It is in a great position to considerably expand its volume with an a new owner who can take advantage of its fine reputation, and devote full time to expanding the business.

Property information

Real Estate:

Lease

Lease terms:

The firm is presently located in a 1350 sq. ft. facility, on a month-to-month lease of $2000/mo.

Location:

Suburban MD, close to Wash., DC

Other information

Expansion potential:

For the past few years, the seller has been working on a part time basis. An owner, working full time, should be able to greatly expand the business.

Competition / Market:

There are other architectural firms, but this firm is long-established, with a fine reputation.

Support & training:

The seller will remain for a time in order to train the buyer.

Reasons for selling:

Retirement

Trading hours:

M-F, 9-6PM

Financing available:

will consider

Furniture / Fixtures value:

$17,000 (included in the asking price)

Inventory / Stock value:

$35,000