Criminal Defense Law Firm For Sale
Location North Carolina,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1931906
Net Profit / Cash Flow $580024
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2007
Number of Employees 6 - 9
Inventory 60000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Seller will provide transition support and will work with buyer to determine acceptable client transition post transaction up to 1-2 year consulting agreement to conclude pending litigation.
Reason for Sale Seller has other business interests.
Description The business provides legal representation for criminal defendants throughout North Carolina. The majority of fees are prepaid resulting in well below industry average write downs.
The Client engagement process is managed online and is currently limited to North Carolina cases. As a result, case load volume should not be adversely impacted post transaction.
Over the past seven years the firm has served approximately 3,300 clients with charges ranging from DUI to capital murder.
The sale includes a portfolio of legal related domains including one for soliciting federal criminal cases.
Currently, the firm reviews approximately 600 potential case files per month. Approximately 25% result in an attorney conference call with 30% of those ultimately resulting in ~35 new cases per month.
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