NOT DISCLOSED, California
| Asking Price |
$950,000 |
Year Established |
|
|
| Annual Revenue |
$3,479,965 |
Reason for Selling |
Relocation |
|
| Annual P/L |
|
Attention |
John J Moser |
|
| Annual Cash Flow |
$670,000 |
Listing Number |
1004974 |
|
| # of Employees |
|
Business Category |
Services: Non-classifiable |
|
Business Overview:
*WE ARE CURRENTLY UNDER CONTRACT.
Founded over 10 years ago, this very profitable firm is a recognized leader in Workers' Compensation defense, providing statewide coverage across California. This turnkey legal practice offers immediate market entry into the industry with established client relationships, experienced personnel, and proven operational systems. The firm distinguishes itself through a "quality over quantity" model, utilizing aggressive case handling to achieve superior closure rates.
The Firm's loyal client base includes insurance companies, third-party administrators, and employers. These types of clients provide a steady stream of business to the Firm. The acquisition includes a turnkey team of five experienced attorneys (not incl owner) and nine support staff, including a Business Operations Manager and paralegals, ensuring operational continuity.
The business is pre-qualified for SBA 7(a) financing with as little as 10% down, and the Seller, who is relocating internationally, is willing to stay on for a transitional period to assist the new owner. The firm's main office real estate is owned by the Seller and MAY be available for separate purchase or lease (inquire with broker). Prospective buyers must be California-licensed attorneys or law firms in good standing to satisfy State Bar requirements.
Property Features and Assets:
There are attorneys and staff that work remotely throughout the state. The main brick and mortal office in Los Angeles County is listed for sale separately from the business. There may be an option to 1) buy the real estate, 2) lease the space from the buyer of the real estate, 3) go remote, or 4) find a more cost-effective space making the business even more profitable.
Market Competition and Expansion:
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