Established Architecture Firm in Washington DC

Asking Price$450,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,200,000

InventoryNot Disclosed

FF&E$30,000
Included in asking price
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Established Architecture Firm in Washington DC


Asking Price$450,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,200,000

InventoryNot Disclosed

FF&E$30,000
Included in asking price
Business Description
We are a small architecture firm, located near Dupont Circle in Washington DC. We primarily serve the local mom & pop developer community by offering turn-key design and permitting services related to residential condo conversions in the District of Columbia. Our team offers a great deal of Zoning and Permitting experience to our clients, often advising them on feasibility prior to the time of purchase and then shepherding the project all the way through design, engineering, and permit issuance.

This is a fantastic opportunity for someone looking to open their own firm to do so with an established client base and deep digital knowledge base to ensure they hit the ground running.
About the Business
Years in Operation
18
Number of Employees
6
Facilities & Assets
We have solid IT infrastructure both locally and virtually. Currently we also have 16 workstations in a well design office space. Our space features two sets of digital smart boards as well as advanced virtual meeting tool to enhance our client interaction.
Website
https://www.rmichaelcross.com/
Market Outlook / Competition
We primarily serve the local mom & pop developer community by offering turn-key design and permitting services related to residential condo conversions in the District of Columbia. We are one of only a handful of firms that serve this segment of the market.
Opportunities for Growth
DC historically has been recession resistant and housing in this area will always be in demand. We have a robust foundation on which one could build a locally dominant firm.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,323
Rent
$9,295.00 per month
Lease Expiration
2/28/2026
About the Sale
Seller Motivation
Owner is looking to explore other opportunities and cannot find a successor inte
Transition Support
Over the last decade we have developed an extensive digital knowledge which has proven not only to improve our team efficiency, but has allowed us to onboard new team members extremely quickly. The principal is open to staying on to support the transition for up to 3 years.
Listing Info
ID
2387860
Listing Views
286
Business Location

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Business Listed by: R. Michael Cross

Listing ID: 2387860 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.