Marking over two decades of success in Toronto in the architectural space, this firm operates regionally throughout the GTA. Their range of services include full-service architecture design, feasibility studies, CAD rendering, master planning, and building & fire code consultation. The firm’s clients develop high-rise condos, schools, recreational venues like hockey arenas, and commercial retail spaces. They serve a repeat client base of general contractors and land developers. The firm operates from a spacious 10,000 square foot office, boasting a robust team of over 80 staff members. Their leadership structure includes: 2 Associate Principals, 3 Senior Associates, and 7 Associates plus an additional 70 employees. The reason for sale is the owner is planning for retirement, and has offered a transition period of 3 years as a sign of good faith. The Associate Principals are being groomed to take on more responsibilities as part of succession planning. Seller is also offering 15-30% carry and/or equity roll to show a vested interest in the company’s success going forward. Priced at $77,000,000, the firm is billing nearly $30,000,000 in annual revenue, with a profit margin of 56%! The backlog is proving 2025 will be another growth year!
Status of Business: For Sale
Business Category: Engineering
Property Status: Both freehold and leasehold
Cortney Sells
Sells is an accomplished businesswoman with expertise and instinct for mergers and acquisitions. With over 400 transactions under her belt since 2010, she and her team at The Firm specialize in pairing the owners of existing businesses with qualified individuals who can continue the legacy of the business.