High-End Residential Architect Los Angeles, California
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Asking Price
$830,000
Detailed Information
Los Angeles, California - South, US
Not Provided
NA
Business Description
This architecture firm primarily focuses on designing high-end single-family residential properties in affluent neighborhoods like Beverly Hills, Bel Air, and West Hollywood, with some commercial and multifamily projects as well. Operating mainly in Los Angeles but with projects completed in other locations, the team consists of a Licensed Architect leading design, a Project Manager overseeing execution, and two remote Administrative Support members handling administrative tasks. The current owner is actively involved in setting strategic direction and plans for the firm, offering a transition period of 6 months to 1 year to ensure operational continuity for potential new owners. With a price tag of $830,000 and a 10% down payment of $83,000, the business presents an opportunity for a yearly return of $123,104 after debt payments. Known for their innovative designs and sustainable architecture approach with multiple awards, the firm has growth potential in global markets like Saudi Arabia, Dubai, and China. Expanding internationally could lead to business growth and increased exposure to new clientele. The current