Expert Witness Placement&Strategy: Law Consultants

Wilmington, DE
Sussex County


Asking Price: Annual Revenue:
$6,200,000 $4,735,587

Services: Professional


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RE: Expert Witness Placement&Strategy: Law Consultants Broker: Jared Olson
Owner Financing is Available!
15% Buyer Down Payment $930,000 15% Seller Financing or Equity $930,000 70% Bank Loan $4,340,000

Quick Facts

Asking Price: $6,200,000
Annual Revenue: $4,735,587
Net Profit: Not Disclosed
Cash Flow: $1,248,253
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 12
BBN Listing #: 887934398
Broker Reference #: OFF017-B

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Business Overview:

Consultants for law firms where they place and prepare expert witnesses for litigation & trial. The buyer does not need to be an attorney ass the current owner is not one. This firm’s client base are top, usually recognizable companies or that need assistance finding expert witnesses, case analysis, witness reports, and trial strategy & preparation. Over the years, this operation has been able to create a network of experts to consult with and has a stable team of 12; made up of mostly attorneys, law professors, MBAs, and accountants. The personnel of the firm work remotely, meaning they have extremely low overhead costs! This drives their 44% profit margin and allows them to take on clients across the United States and internationally. The current owner has some roles in business development and staff oversight. He has recently been offloading more of his client facing roles in order to prepare for a smooth transition. Seller has offered a transition period ranging from 1 to 2 years. Additionally, the Owner is willing to seller finance or roll equity of up to 15% as a sign of good faith.

Priced at $6,200,000 this business offers a strategic buyer the opportunity to expand their practice or this opportunity for an individual with legal experience looking to start their own practice. This consulting firm has a stable team, client base, and network that offer extreme growth opportunities moving forward. Options vary and include creating a division of the business to handle opposition research in order to find contradictions or indiscretions that would assist with discrediting the opposition’s expert witness, expanding geographically to focus on more contracts outside of the US, working with class action cases, and taking on cases for the International Trademark Association.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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