Boutique Architectural Practice With Strong Municipal Presence For Sale

Description

Business type: architectural practice

Location: Windsor, Ontario

Service area: Southern Ontario

Established: 1993

Current status: established operating business

Asking price: $290,000

Services

• Conceptual architectural design
• Developed design
• Construction drawings
• Tendering
• Construction phase project administration
• Site feasibility studies
• Rezoning applications
• Variance applications
• Engineering report coordination
• Planning report coordination

Customers

• Universities
• Municipalities
• Medical developers
• Commercial developers
• Private landowners

University of Windsor: key recurring client

Municipal client relationships: established

Commercial projects: ongoing

Medical projects: ongoing

Market presence

Primary market: Windsor and surrounding communities

Additional markets: Sarnia, Leamington and Kingsville

Service radius: approximately 100 miles from Windsor

Business reputation: established

Premises

Office: leased

Office size: approximately 1,400 sq. ft.

Office location: centrally located

Office use: design work, project coordination and client meetings

Staff and operations

Professional team: 3 experienced staff members

Senior project administrator: in place

Project administrator responsibility: daily project execution

Architect: in place

Architect responsibility: design collaboration

Technical specialist: in place

Technical specialist responsibility: construction drawings and documentation

Owner involvement: active

• Client management
• Design leadership
• Site visits
• Financial oversight
• Administrative compliance

Training and transition

Seller transition period: 1 to 2 years

Seller transition support: available

Transaction details

Vendor carry: 25%

Expansion options

• Develop a formal marketing strategy
• Expand team capacity
• Increase participation in RFP processes
• Increase institutional bidding activity
• Expand architectural project volume across Southern Ontario