NOT DISCLOSED, Washington
| Asking Price |
$500,000 |
Year Established |
1988 |
|
| Annual Revenue |
$391,546 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$266,581 |
Attention |
Wes Martin |
|
| Annual Cash Flow |
$266,581 |
Listing Number |
1002790 |
|
| # of Employees |
1 |
Business Category |
Services: Professional |
|
Business Overview:
The Seller of this small, transactional, law firm has been serving a specific business to business niche for over forty years. While they do business across the entire State of Washington, most of the relationships funneling deals to the firm are located within Western Washington. Operating from a small Pierce County and a home office, most of the work is completed remotely with very little in person meetings. An experienced employee, primarily working from home, assists in much of the leg work required as the Seller completes more complicated tasks requiring the attorney skill-set. This business requires extensive use of a trust account. The Seller is fully willing to conduct a longer transition to assist the buyer in a smooth transfer and retainage of important relationships. This is a rare opportunity to bolt on and incorporate one of the market’s best-known name brands into your own firm and get a jump-start on rising demand. If you’re ambitious, client focused and have a desire to enter or expand into an exciting niche, give us a call today! All inquiries will be required to submit a Non-Disclosure Agreement.
Property Features and Assets:
<p>The business operates from both a standard office space in a Pierce County office park and the Seller’s home located further South. The office serves as a mailing address and occasional workspace for not only the Seller but also the employee who also works mainly from home. This business is not dependent on this specific location and could easily be incorporated into an existing Law Office. </p><p> </p>
Market Competition and Expansion:
<p>There is competition but this firm has operated within a small, but growing, niche for over forty years. They are known as the ‘Go-to’ for their practice area from multitudes of referral sources and loyal relationships. The Seller has developed a one stop shop system that other firms find difficult to match. The niche market that is being served is growing fast and demand is rising. The Seller has spent forty years cultivating relationships that fuel the transactional nature of the firm. The key to growth and expansion is capacity based. By adding additional personnel, the transaction flow is naturally increased. At the moment, there is no shortage of demand.</p><p> </p><p> </p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity