Seller's Contact Information
- RE: Litigation Consulting Firm/ Expert Witness Prep
- Contact: Jared Olson
Quick Facts
| Asking Price: | $6,100,000 | |
| 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 #: | 207334398 | |
| Broker Reference #: | OFF017-C |
Business Overview:
The buyer does not need to be an attorney as the current owner is not one. 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. Consultants for law firms where they place and prepare expert witnesses for litigation & trial. 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. 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. 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.
Priced at $6,100,000 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 homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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