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Quick Facts
Asking Price: | $6,150,000 | |
Annual Revenue: | $4,114,006 | |
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 #: | 885834398 | |
Broker Reference #: | OFF017-E-SPLA |
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Business Overview:
This opportunity is a litigation consulting and expert witness firm
that provides business analysis and expert witness reports and
testimony. They assist law firms and government agency
clients. The focus is on identifying and retaining qualified
experts. They are engaged throughout the duration of the case
to support those experts. The firm also has special expertise in
using social media analysis to develop litigation-ready evidence.
This firm’s client base are top, recognizable Corporations, News
Channels, and the Department of Justice, that need assistance
finding expert witnesses, case analysis, witness reports, and
trial strategy & preparation. With a stable team of 12; made up
of mostly attorneys, law professors, MBAs, and accountants,
the buyer does not need to be an attorney as the current owner
is not. The owner has some roles in business development and
staff oversight, though he has recently been offloading more of
his client facing roles in order to prepare for a smooth transition.
The seller has offered a transition period ranging from 1 to 2
years, he is willing to do seller financing or roll equity of 25% as
a sign of good faith. All personnel work remotely, which drives
their 44% profit margin and allows them to take on clients
across the United States and throughout Canada.
Priced at $6,150,000, this business offers a strategic buyer the
opportunity to expand their practice or allows 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, working with class action cases, and taking on
cases for the International Trademark Association.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Market Competition and Expansion:
Working with class action cases, 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, and taking on cases for the International Trademark Association.
Reason for Selling:
Retirement Preparation.
Additional Details:
Documents:
Relevant Links:
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