Design Firm Sale: Booming Greater NY
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Asking Price
$4,500,000
Detailed Information
New York County, NY
Business Description
A boutique design firm in the greater New York area, known for delivering exceptional project designs and exceeding customer expectations, is up for immediate sale. Despite economic challenges like the recession and the pandemic, the business has shown remarkable growth, with a 50% increase in Seller's Discretionary Earnings year over year. Through word-of-mouth referrals, the firm is on track to surpass its pre-pandemic cash flow by nearly 40%. Specializing in mechanical, electrical, and plumbing design, the firm offers a wide range of services including code compliance, project management, feasibility studies, cost budgeting, and value engineering. The business has multiple bid opportunities and enjoys a “favored son” standing in bid awards. A formal sales and marketing program, along with the addition of professional staff, can easily scale the firm. The owners are willing to assist during the transition period, and the business comes with a well-located office and a dedicated team, making it an attractive investment opportunity.
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Listed By:
Name : Raj Sheth
Phone Number : Show Phone number
Raj Sheth typically replies in about 7 minutes