Pinellas County, FL
- Asking Price: $550,000
- Gross Revenues: $658,539
- Cash Flow: $249,765
- FF&E: $50,000
- Employees: 4
Business Description
Established for over 30 years, this successful estate planning law firm offers a great opportunity for any lawyer or law firm to take over. Instead of starting from scratch, this tremendous turnkey premier practice offers growing revenues, repeat clients, steady referrals, experienced paralegals and staff, will files, internet presence, and all procedures and processes in place.
The Firm has an excellent reputation in the community and serves clients in the Tampa Bay area.
The firm focuses on providing each client with a powerful representation and proven results.
Fully staffed and has been growing at an average of 22% per year in the estate planning area.
Currently, there are over 800 will files.
Consistent referral fees as well as referrals for new clients.
Valuable name, website, and social media accounts.
Great location in a professional center.
Seller is committed to ensure easy transition and continued success of new owner.
Detailed Information
Facility: 2250 sqft single story office unit in a great office park location. Nine active workstations fully and tastefully furnished and equipped with computers that are less than one year old. Office space includes: 1. Four large attorney / senior paralegal offices 2. Three secretarial or paralegal offices. 3. Large conference room with space to seat 8 persons 4. Kitchen area 5. Attic storage accessible through pull down ladder 6. Large file room 7. Copy/mail room reception area with workstation and seating for six
Growth & Expansion: The firm has averaged 22% annual growth over the past six years in the estate planning area. Additional areas of law practice could be added. There is space for additional employees as well.
Financing: Seller financing up to 40% or SBA financing.
Support & Training: Current owner will remain with the firm for a period of time to assist with training and support of the new owner and his staff – current and additional hires. Policies and Procedures are already in place and operational. The current owner is committed to doing everything to insure the new owner’s success.
Reason for Selling: Retiring but will to stay on for a period of time to insure an easy transition.
Direct all inquiries to Rita Barbato (813) 833-0487 or Rita@AListGroup.com
