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- RE: Prominent Law Firm For Sale
- Contact: John Geaneotes
Quick Facts
Asking Price: | $1,800,000 | |
Annual Revenue: | $2,211,864 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $963,177 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 11 | |
BBN Listing #: | 942584 | |
Broker Reference #: | Not Disclosed |
Business Overview:
The company focuses on insurer defense & lawsuits on behalf of insurance carriers (auto, property, fraud). Expertise in auto liability, property, and casualty insurance fraud, first and third-party benefits, bad faith, uninsured and under-insured motorist benefits, property claims, insurance coverage, class actions, product liability, and commercial litigation. Serves clients in local, state, and federal PA courts, focusing on the five-county Philadelphia region. Represents major insurance companies with long-term relationships.
Employees: There are (11) employees, excluding the owner:
(3) full-time lawyers,
(1) part-time lawyer,
(2) paralegals,
(2) legal secretaries,
(1) receptionist,
(1) office manager, and
(1) billing coordinator.
Facilities: The firm operates out of a 3,500-square-foot office.
Business Highlights:
• The business has a strong team with an excellent regional reputation.
• Profitable, with strong cash flow and the ability to expand services and regions.
• The owner is willing to remain through the transition period and after that.
• High-profile client list with repeat business and potential to expand services provided.
To ensure a smooth transition and leverage existing expertise, an attorney is the most suitable buyer for this opportunity since in PA, only attorneys can buy and operate law firms.
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Property Features and Assets:
The firm operates out of a leased 3,500-square-foot office.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Pennsylvania businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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