Virginia Business For Sale

Specialty Law Firm

Not Disclosed, VA

Services: Professional

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,665,000
$1,700,000
Not Disclosed
$725,468
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1993
6
72914540

Business Overview:

The owner and senior attorney of a highly successful boutique practice desires to transition into a "rainmaker" role and eventually retire through the sale of the firm. The sixteen year old professional corporation is located in the mid-Atlantic area. Its class A offices, excellent reputation and sizable client base would all readily accommodate additional professionals and diversified legal services. This is an excellent opportunity for an individual attorney desiring his or her own practice in an outstanding community, or a firm ready to expand by acquisition.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Class A offices.

Market Competition and Expansion:

Two of the remarkable aspects of this firm are its professional marketing techniques and the extensive and detailed database it has built over the years of clients, potential clients, and referral sources. The firm's revenue sources have gradually evolved over the years to the point where some 60% of its revenues now come from repeat clients with 40% coming from new business.

Reason for Selling:

Fund Eventual Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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