Law Firm For Sale
Location British Columbia,Canada
Asking Price Range < $250K
Gross Revenues $368000
Net Profit / Cash Flow $236741
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1987
Number of Employees 1 - 3
Inventory Equipment value $10,000.
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training Current owner to assist transition of clients and will be available during the transition period.
Reason for Sale Time for a change.
Lower Mainland Law Firm for sale, established in 1987 and located to its current premises in 1993. This is a general Solicitors Practice working with clients -personal and commercial, based mainly within the immediate geographical area. The Firm offers services in several areas of law including residential and commercial Conveyance, Estates, Trusts and Wills and the Registered Records office for hundreds of corporations.
The Firm has a very large established repeat clientele base, and the location of the office, on the ground floor allows easy access. Currently the firm has a total of 3 long-term employees. The current practitioner works reasonable hours, and maintains above average salary levels, unavailable if you work as an employee in a larger Firm - no requirement for enormous billable hours against distant and uncertain partnership prospects here.
The Firm is located in one of Canada's top growing communities as reported by the National Post in the July 22nd, 2010 issue. The population demographics are highly diverse with a great mix of both younger and older generations. The community is currently under serviced in the legal profession, which would leave lots of room for continued growth to the Firm.
A new practitioner to this Firm would be able to expand the business further by simply offering additional services congruent with the existing services now provided. This business has consistent revenues and positive cash flows.
Whats the recipe for success?
1. Start with a strong foundation.
2. Immediate positive cash flow means money in your pocket.
3. Don't reinvent the wheel - purchase a client base instead of spending
years building one.
4. Grow your own - Use your vision to add to the income of an
5. Let your efforts dictate your future - not someone else.
For further information about this great business opportunity and a chance to change your destiny contact me.
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