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Award-Winning Architecture Practice in South West England for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    01/05/24

  • Advert ID

    610645

  • Reference

    155495 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £2,300,000 (£44,231 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Planning led, multidisciplinary architecture practice

Project Opaline offers a fully bespoke, planning-led approach to all projects, scaling its activities and working collaboratively with clients, local authorities and other relevant parties.

The company delivers expertise for an array of buildings, such as high-end residential developments, commercial schemes and individually designed homes. Solutions include the submission of applications and representation during appeals; creation of 3D visualisations, conceptual designs and construction drawings; and the complete planning and design of landscape projects.

The business holds chartered practice accreditations from CIAT, RTPI and RIBA. All architects are ARB members.

Our clients are offering the company for sale to realise the assured value of the existing business, while facilitating continued expansion using the resources of a new owner.

Key Highlights

- Award-winning planning-led architectural practice.

- Benefits from a sector-agnostic client network, incorporating residential, commercial, mixed-use, renewable energy, retail and healthcare projects.

- Whilst the majority of works are undertaken within South West England, the business has successfully completed renewable energy projects throughout the UK.

- Four employees can take on greater responsibility within the business, streamlining our clients’ departure.

- A diverse workforce enables newly qualified personnel to work with highly experienced individuals.

- Operates from ideally located leasehold premises; the business recently relocated to this site to facilitate ongoing expansion.

Financial Highlights

- Generated a YE23 turnover of £2.31m, with an adjusted EBITDA of £860k.

- YE24 outturn figures indicate a turnover of £2.38m.

- Generated 47% of its revenue from repeat clients in YE23, such as estate owners and renewable energy developers.

- All clients are retained via engagement letters, safeguarding the business’s income and profitability.

- Has a work pipeline in excess of £1.7m, demonstrating the sustained demand for its solutions.

Read more

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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