Architectal and Engineering Firm-Commercial

File# C2388
Location: Madison Heights
Business Price: $345,000
Down Payment: $100,000
Monthly Payment:$3,579.09
Interest Rate: 6%
Amortization Period:84 months
Gross Sales: $788,714
Source: 2016 Tax Return
Cash Flow: $198,502
Source: 2016 Tax Return
Inventory: NA
Days Open: Mon - Fri
Business Hours: 8am-5pm
Seats: NA
Parking: ample
Licences Required:Arch, P.E
Year Established:1987
Year Acquired: 1987
Monthly Rent:$2,500 NNN

Profile:

Long established commercial architectural and engineering firm with great clients. This firm has been in business for over 30 years and the owner is ready to pass this money maker on to a new owner. Their clients are major hospitals, retailers, wholesalers, industrial, local developers and the like and offer a new owner an entree into this vertical space with HUGE potential for growth. The current business model is to sub-contract the work out to different firms that specialize in their respective fields. This model lends itself to very low overhead and high profit margins on all of their projects. The seller is willing to work another 2 years as a consultant and he will assist the buyer with a smooth transition and introduce the buyer to all of his clients. The current owner does no marketing or advertising, which leaves room for expansion and greater profits. The office is fully equipped with drafting tables and private offices.

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This information has been supplied to Broker, Capital 1 Commercial Group, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.