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Business For Sale
ELDER LAW PRACTICE IN ARIZONA
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Asking Price: |
$90,000
USD USA Dollars
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Business for Sale Industry: |
Services: Professional
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Reason for Selling:
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Retirement |
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Year Established:
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1997 |
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# of Employees:
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4 full time, 2 part time |
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Yearly Revenues:
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$287,700 |
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Yearly Cash Flow:
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$148,700 |
Business for Sale Overview:
This well established Law Practice for sale in Southern Arizona has an existing revenue generating client base and strong contacts and referral sources in the community. Seller is looking towards retirement but is willing to transition the practice for a period of six months to a year at a negotiable salary. This presents a unique business opportunity for an attorney who is knowledgeable in the elder law/probate/estate planning areas of law interested in starting or expanding his or her practice. The practice also includes a small fiduciary component, which can be offered separately but would be most valuable if the attorney is willing to either become a fiduciary or have a certified fiduciary on staff or by arrangement.
Property Features and Assets:
Attractive 1,500 square feet free standing office with ample parking on a high traffic street. Monthly rent is $2,825. Lease expires December 31, 2008, but renewal options are available. Real estate is owned by seller.
Market Competition and Expansion:
There are several Law Practices in the area that incorporate Elder Law. This law firm has an excellent reputation in the community and a strong existing revenue generating client base. The estate planning, probate and fiduciary components of the practice allows for expansion and additional growth.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for 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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