ARCHITECTURAL PRACTICE BUSINESS

REF 2308

COMPANY OVERVIEW
This is a well-established architectural practice that offers a comprehensive range of architectural services to both residential and commercial property sectors. Their services include architectural design, planning input/application, and technical working drawings. They handle a diverse portfolio of projects, ranging from bespoke residential and low-density housing schemes to large and complex commercial spaces. The practice is affiliated with the Royal Institute of British Architects (RIBA) and has an established team of experienced and technically competent staff. Many team members have been trained and developed within the practice itself. Located in the South-East of England, the practice has built an excellent reputation in Central London and the local catchment area, leading to quality repeat business.

OPPORTUNITY
The business presents an opportunity for potential new owners to acquire a well-established architectural practice with a solid track record. The experienced and competent staff, along with RIBA affiliation, provide a strong foundation for continued growth and success. The practice benefits from a consistent level of financial performance, with revenues at YE December ’22 approximately £1,560k and adjusted EBITDA around £680k. The current owners are open to collaborating with the new ownership and see latent growth opportunities within the business.

FINANCIALS
The architectural practice has achieved a consistent level of financial performance over the past few years. As of YE December ’22, the revenues were around £1,560k, and the adjusted EBITDA was approximately £680k.