Fast growing Architecture & Design Practice in India For Sale

Business description

We are an India based architecture, urban design and 3D visualization firm offering end-to-end design services to high net-worth clients in India. We also have a small detailing, drafting and 3D practice that offers our services to architecture firms abroad. Additionally, we outsource conceptual work to foreign architects in the US, EU and Australia.
The business is expanding rapidly given the boom in Indian construction. While we are a cash-flow positive business with 30%+ margins and an extremely high growth rate, we now need to partner/merge with a larger architecture practice abroad to achieve our full potential.
The current management is looking at divesting a certain percentage of the business to a strategic buyer.
We have two offices, one in the North and the other in the South of the country. Our total value of booked projects exceeds $1.5m and the pipeline is robust

Property information

Real Estate:

Real Property Included

Lease terms:

Our office in the South is leased, however this would need to be relocated by the end of the year. The office in the North is owned by one of the Directors and leased at a nominal fee to the company, the new partners will have the opportunity to negotiate a new lease or relocate to a new office.

Location:

Central Business District of a high tech city

Other information

Expansion potential:

It is estimated that our revenues can expand to approximately $10m from our primary architecture business in India, by 2010. The off shoring business has the potential to double this revenue stream.

Competition / Market:

In the segment we target, competition is currently low, but foreign firms entering the Indian market will increase this in the coming years. A larger partner abroad will give us the muscle to compete with and continue to grow vs. large foreign firms.

Support & training:

The current management will offer a transition period along with continued new business development and recruitment support (depending on transaction structure)

Reasons for selling:

want to partner with a larger international company to take the business to its full potential

Trading hours:

9:00am -6:00pm M-S

Financing available:

Current owners are willing to maintain upto 75% ownership of the business.

Furniture / Fixtures value:

$60,000

Contact the seller