Amazing Deal Family Law Firm High Cash Flow

Clearwater, FL
Pinellas County

Law firm in a Professional Park


Asking Price: Annual Revenue:
$550,000 $1,045,000

Services: Professional


Request More Information
Contact the Seller

RE: Amazing Deal Family Law Firm High Cash Flow Broker: Rita Barbato
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $550,000
Annual Revenue: $1,045,000
Net Profit: $402,500
Cash Flow: $402,500
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 6
BBN Listing #: 268531053
Broker Reference #: Not Disclosed

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

•• Turn Key family law practice that consistently, over the past 5 years, has done over $1 million dollars in revenues and the owner has consistently taken out $350,000 plus per year.
• This family law firm has been branded and marketed with institutional goodwill for the past 10 years. It has an excellent reputation in the community and with the lawyers and judges in the metropolitan area.
• The firm focuses on providing each client with personal attention and assertive representation and clients have the full support and dedication of the attorney and a team of experienced associates.
• This firm is recognized as one of the leaders in family law in this metropolitan area.
• The majority of the competition in this area consist of smaller - one lawyer/one paralegal - law firms. This results in a fragmented market in which a handful of bigger firms dominate the market place. This firm is one of those firms. The law firm has a brand name rather than a group of attorney's names and has been marketed in that way for 10 years +. As a result, the firm is well known, it has an established presence in the marketplace and an excellent website and internet marketing campaign. Literally, the marketing program can deliver as much business as you want, of the type that you want and can do so, regardless of who owns the firm.
• The Firm can be expanded into additional areas of family law if the new owner wishes to expand the operation. The current owner can give the new owner considerable guidance as to how to develop these new market place opportunities. The current owner also has an MBA and can assist the new owner with a business plan that addresses finances, expansion of the firm and marketing.
• Great location in a professional center with other professionals perfectly positioned for any lawyer to step in and take over.
• Valuable Name, website, and social media accounts are all included.
• The current owner will remain with the firm for a year to assist in the transition of clients, referral sources, relationships and related items to the new owner.
• The Seller is motivated to sell and has priced the practice way below market.
• Great opportunity that cannot be missed.

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.

Property Features and Assets:

Beautiful office with several conference rooms. Great location in a professional park with other lawyers. Office occupies 2400 Sq. Foot +/- office in a professional business park that includes a number of other law firms, accountants and other professionals. the practice has been in this location for five years and recently signed a two year extension on the lease through November, 2021. The lease is extendable beyond that date.

Market Competition and Expansion:

Growth opportunities are significant. The population in this area is increasing at approx. 10% per year and the median financial assets/income of prospective clients is growing as well. Expansion can also lead to higher profitability and income for the firm and the owner. All in all, this is a wonderful market place for a well branded family law firm which has an excellent reputation.

Reason for Selling:

Retiring

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.

Documents:

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!