Legal Practice
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $158650
Net Profit / Cash Flow $139986
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1988
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training It is negotiable as to how long the current own...
Reason for Sale The owner has other business interests at this ...
Description This practice was established in 1988 and has remained under the same ownership since inception. The present owner has a past history based in construction and real estate which was utilized in the 2 - 2 and a half years that he was employed by an outside developer, prior to opening the firm. Beginning in the late 80's and continuing through the mid 90's, the practice experienced significant growth. However, the current owner decided to downsize in early 96' and has since kept the business at a minimal personnel level while enjoying an efficient gross profit margin. The company's gross sales are attributed primarily to Litigation/Consulting Litigation in the real estate and construction forte. A small portion of sales relates to Transactional (corporation, LLC, and contract drafting). This company is centralized within a well known community and is situated in a fantastic location for continued business. It also has excellent room for continued growth with minimal supplementary expenses. Contact for more information on this Legal Practice business for sale.
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