Toronto Architecture Firm with 80 on Staff: Owner will finance 41%
Business Description
GTA based Architecture firm with over 25 years in service!
They serve a 95% repeat client base of general contractors
and developers. The firm’s clients develop high-rise buildings,
schools and recreational venues like hockey arenas. They
currently have 100+ active projects with a WIP of $110 million
and boast a 10-year Pipeline of $412 million! The range of
services include design, feasibility studies, CAD/ReVit
rendering, master planning, and building & fire code
compliance. The collaborative team of over 80 staff members
are guided by the highly developed full leadership team. The
reason for sale is the owner is planning for retirement, and
has offered a transition period of 3 years as a sign of good
faith. Seller is also offering more than a 30% carry and/or
equity roll to show a vested interest in the company’s success
going forward.
They serve a 95% repeat client base of general contractors
and developers. The firm’s clients develop high-rise buildings,
schools and recreational venues like hockey arenas. They
currently have 100+ active projects with a WIP of $110 million
and boast a 10-year Pipeline of $412 million! The range of
services include design, feasibility studies, CAD/ReVit
rendering, master planning, and building & fire code
compliance. The collaborative team of over 80 staff members
are guided by the highly developed full leadership team. The
reason for sale is the owner is planning for retirement, and
has offered a transition period of 3 years as a sign of good
faith. Seller is also offering more than a 30% carry and/or
equity roll to show a vested interest in the company’s success
going forward.
About the Business
- Years in Operation
- 26
- Employees
- 80 (80 Full-time)
Fully developed leadership team - Opportunities for Growth
- Expand geographically and offer
service to clients in the United States
About the Sale
- Seller Motivation
- Retirement/ Age
- Transition Support
- Up to 3 years
- Financing Options
- Owner will finance 41%
Listing Info
- ID
- 2449452
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2449452 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.
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