Seller's Contact Information
- RE: Profitable, Multi-Discipline Law Practice
- Contact: Mike McCarthy
Quick Facts
Asking Price: | $225,000 | |
Annual Revenue: | $305,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 10 | |
BBN Listing #: | 553655294 | |
Broker Reference #: | 41361061072 |
Business Overview:
This six-lawyer firm has experience in a number of areas, including personal injury, immigration and criminal cases. The six attorneys are supported by a bi-lingual administrative staff.
Features Include:
• Established recognition in the community
• Strong reputation for client service
• Success with complex cases
The firm’s income is typically 50% billable hours and 50% contingency fees. All attorneys work on a contract basis. The office space is owned by the owner of the law firm who is willing to continue the lease at a market rate. It is anticipated that all attorneys will remain after the sale.
This is an excellent opportunity for a firm looking to expand its practice with a known firm, particularly in the personal injury field.
The seller desires to concentrate on an unrelated business opportunity. The owner will fully assist to ensure a smooth transition, including continuing to practice law part-time.
Vital Stats:
Listing Price………………..….…..…$225,000
Revenue 2018 (Projected)……..$305,000
Cash flow 2018 (Projected)……$145,000
Employees………………..……………5 admin, 5 attorneys
Geographic Area…………………....Southeastern PA
Building……………………………….….Leased
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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