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CR169 -Highly Respected Architectural & Building Design Business

Asking Price: GBP 195000
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Business Location: United Kingdom » Others » Sussex 
Category: Services » Other Business Services
Description:
Highly Respected Architectural & Building Design Business
Ref.CR169
Location Sussex
Asking Price £195,000
This highly profitable and respected architectural design business was established in the 1980’s by the vendor of the company in a small side office of a local estate agent. Since those beginnings the company has built an exceptional reputation for quality of work and an approachable and unique service to many hundreds of clients. Currently conducting around 30 projects at any given time, the business handles plans for new builds, extensions, conversions and alterations. With revenue split around 80% in favour of domestic work, and 20% for commercial projects. Clients have included developers, building contractors, property maintenance companies and public house & hotel chains as well as many private clients. The practice covers a wide area of work across the South East of England, with a constant level of new enquires. The company has enjoyed the busiest period of its 30 year history in the last 12 months, providing an excellent base for further growth.

The Architectural practice tends to compete with small self-employed Architects, although none of whom offer the same brand, approachable service or presence in the local marketplace. The vendors of the business have prided themselves on their ability to work directly with clients offering guidance, advice and a bespoke professional design service. Concentrating on the quality of the traditional hand-drawn designs which are appreciated greatly by customers offering a greater level of detail and warmth to their design plans.
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 140000
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area: N.A.
Year Established: 1980
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 03
No of trading hours: Monday – Friday: 9:30 – 5:30 pm
Reasons for selling:
 The founders of the business are looking to enjoy a well earned retirement, and hand the business over in excellent shape for the next generation to capitalise on.
Market competition and expansion:
 The business gains over 50% of revenue from regular repeat clients. There is a high street shop front presence which is well known in the local community and enquiries from advertising in Yellow Pages and Thomson Directories, although the majority of work is undertaken from recommendation and referral.
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