Business For Sale

Estate & Probate Firm - Holding 750 Wills

Lincoln, NE
Lancaster County

Asking Price: Annual Revenue:
$142,000 $310,368

Services: Professional

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RE: Estate & Probate Firm - Holding 750 Wills Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $142,000 25% Buyer Down Payment: $35,500 25% Seller Financing: $35,500 50% Bank Loan: $71,000 A 25% down payment of $35,500 returns $83,983 in the first year after debt payments!

Quick Facts

Asking Price: $142,000
Annual Revenue: $310,368
Net Profit: Not Disclosed
Cash Flow: $183,121
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1896
Employees: 1
BBN Listing #: 790934398
Broker Reference #: PRO039

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Business Overview:

Serving East-Central Nebraska for over 100 years, this owner-operator attorney firm assists clients in a number of different aspects. Services include estate planning/probate, business formation and corporate representation, court-appointed criminal work, real estate, and private civil litigation, with each of these representing roughly 20% of the firm’s income.

The firm does very little family law, which is an opportunity for growth and expansion, as both family law, tax advising and bankruptcy is largely referred out to other firms.

All the business is local and survives based on the local community’s endeavor to support an attorney practice. With no competition to speak of, this firm will continue to thrive under a new owner’s wing.

The ideal buyer for this business would be a practicing attorney or an investor who has an attorney in their network who could work onsite to take over the existing caseload (20-25 open files) as well as the future probate work to come from the 750 wills held in the repository.

Because the seller will remain in town under a new role, the transition period for this acquisition opportunity is incredibly flexible and will be tailored to the incoming Buyer’s situation.

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.

Reason for Selling:

Seller accepted a prestigious local position.

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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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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