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Businesses For Sale   >>   Staffing Businesses For Sale

Legal Staffing - Intellectual Property Segment

Location  California,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1217598
Net Profit / Cash Flow  $562136
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2007
Number of Employees  10 - 19
Inventory  15000
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Training  Seller will train
Reason for Sale  Capture value and expand business with new owner

Description  
Our client, a Silicon Valley favorite, is a seven year old staffing company specializing in the permanent placement of professionals in the intellectual property field of law. Among the firms our client represents are some of the finest intellectual property law firms, large international general practice firms, as well as technology corporations of all sizes including Fortune 500 technology companies such as Google, Apple, Amgen, and Hewlett Packard. The law firm placements include titles such as Technical Specialists, Patent Agents, Associates, Partners (with and without portable business), and all levels of in-house patent counsels, including Chief Patent Counsels and General Counsels. Our client has developed an extensive database of IP professionals over a twenty year period in the Intellectual Property segment that provides both candidates and job orders for those candidates. This very specialized database and owner\counselors' industry knowledge distinguishes my client from other legal staffing companies. My client's firm has an excellent expansion opportunity into the contingency staffing IP segment placing all categories noted above as well as paralegals etc. Legal Placements in the Intellectual Property space are very generous and our client had an AVERAGE placement fee of $36,000 in 2013. SDE for 2013 was $562,136 with Gross Sales of $1,217,500. Owner will stay with company as General Manager of all operations. The firm is located in the Los Angeles, California area.


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