Full-service architectural firm founded in 1998 and located in
Yorktown, Virginia. The firm primarily serves the Hampton
Roads region and surrounding areas, with prior project
experience across multiple states. Their client base consists
of commercial and institutional clients, including offices,
restaurants, industrial, religious organizations, and
educational projects, while also completing select residential
and historic preservation work.
This business provides
comprehensive architectural services, including field
surveying, project programming, schematic design, design
development, construction documentation, construction
administration for complex projects, renderings, and historic
preservation consulting, including tax credit compliance. The
business operates out of an 800 square foot office which
serves as a hub for meetings and design work, although the
team operates on a hybrid model. The business is supported
by a project architect (remote), intern architect, bookkeeper,
contract production support, an offshore drafting team, and
external engineering consultants as needed.
The owner is
active in operations, overseeing design, client relationships,
and project coordination. The owner is planning for retirement
and is seeking a growth minded buyer or integration with a
larger firm. He has offered to stay with the business for 6
months to 1 year as to transition the new owner into their role
in addition to carrying 20% of the purchase price as a show of
good faith in the continued success of the business post
close.
Priced at $220,000 this business is primed and ready for a
new owner to step in continue with operations. Potential
growth opportunities include hiring additional staff, expanding
geographic reach, and increasing capacity within its historic
preservation niche.