Business For Sale

Profitable Boutique Law Office in Palm Beach

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$375,000 $324,467

Services: Professional


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RE: Profitable Boutique Law Office in Palm Beach Broker: Anton Joro
Owner Financing is Available!
Lender pre-screened with $37,000 down.

Quick Facts

Asking Price: $375,000
Annual Revenue: $324,467
Net Profit: Not Disclosed
Cash Flow: $118,260
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 3
BBN Listing #: 78674955
Broker Reference #: 1043-14367

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Business Overview:

This Law Office is a boutique firm that specializes in Real Estate transaction law, estate planning and probate and trust administration. The real estate matters handled by the firm include residential and commercial sales transactions. The attorney prepares residential and commercial contracts, leases and leases with option to purchase. Real estate matters are handled from the contract inception through closing. The firm researches title, conducts municipal lien searches, property tax review, estoppel requests, preparation of closing disclosures, HUD-1’s for cash transaction, prepares seller’s and buyer’s conveyance documents, conducts closings, coordinates disbursements, prepares closing packages to the lender, recorder’s office and reviews post-closing matters including the issuance of title insurance policies to owners and lenders. Old Republic National Title Insurance Company is the title underwriter for the title insurance policies and also holds the escrows deposits and loan funds on behalf of the firm. The firm also handles small business sales, entity formations and partner buy-outs. In addition to the real estate, the law firm has an estate planning and probate component offering estate planning to its clients, including, wills, health care directives, power of attorneys, living wills, revocable trusts, special needs trusts and life estate deeds. As a result of the estate planning services provided to clients, the relatives of the firm’s estate clients have returned to the firm for probate cases, particularly relatives who live out of state and have been named as executors or personal representatives of estates. The firm predominantly handles both Summary Administration and Formal Administration. There are no litigation probate matters handled by the attorney. The attorney has also handled immigration cases, specifically in the area of family and spousal petitions and citizenship.

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Property Features and Assets:

The law office is located in the heart of Palm Beach County, Florida. This area is widely-known for its equestrian and polo activities during the fall and winter seasons. There are several prominent communities within a 5 mile radius of the office. The plaza has a Starbucks, Dunkin Donuts, two banks, several real estate brokerage firms, accounting, restaurants, salons, spas, and several other business. This part of Palm Beach County is generally considered as part of the “western communities” and is an area of growth with both seasonal and year-round residents. Assets= $10,000

Market Competition and Expansion:

The competition is fierce in the legal space in Palm Beach County but the attorney has made a name by serving the clients diligently and successfully for 15 years. The bi-lingual staff put in place gives this firm an edge when talking to clients of diverse backgrounds as well as international. Perfect match for a larger firm looking to gain market share or a young attorney that wants to capitalize on a firm base. The firm is an excellent fit for a large firm willing to increase market share, an attorney looking to expand into other areas of law or for an attorney that is new to the area and has little or no clients.

Reason for Selling:

Family relocating out of state.

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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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