Professional Evaluation & Review

Not Disclosed, NY


Asking Price: Annual Revenue:
$250,000 $239,200

Services: Professional


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RE: Professional Evaluation & Review Broker: Anthony Citrolo
Owner Financing is Available!
Accepting Offers.

Quick Facts

Asking Price: $250,000
Annual Revenue: $239,200
Net Profit: Not Disclosed
Cash Flow: $165,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1980
Employees: 1
BBN Listing #: 610011983
Broker Reference #: 945

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Business Overview:

This company provides upward reviews for top tier global law firms. The client base is very stable – customized web sites and customized reporting, along with the historical data included in individual feedback reports being held by the company means client turnover is minimal. The company would make an easy add on to a buyer with existing upward review processes. Alternatively, the company’s existing client base would provide ready entry to a buyer looking to move into the field of law firm upward reviews, given the prestigious list of clients that would open doors at other law firms. The company is currently owner-operated with no employees but could be managed by one employed individual for approximately $60,000 annually.

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Market Competition and Expansion:

Large law firms spend $250,000+ per recruit. The size of these firms makes it hard to know which partners may not be treating junior attorneys well and contributing to unwanted turnover. The upward reviews (conducted in secure, encrypted sessions) give junior attorneys an opportunity to safely provide upward feedback not just to the partners, but also to firm management, who can then assist partners in developing their team management and supervision skills. Potential growth to numerous law firms, CPA firms or other professional service firms. Considering the desire of professional firms to seek quality candidates as staff and supervisors, the service of evaluating the management and partners will grow exponentially.

Reason for Selling:

Retirement

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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