Established 50-Year Solo General Law Practice

Du Quoin, IL (Perry County)

Distinctive, Well-appointed Legal Firm
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Asking Price: $149,000

Cash Flow: N/A

Gross Revenue: $62,571

EBITDA: N/A

FF&E: $10,000

Inventory: N/A

Real Estate: $85,000

Established: 1988

Established 50-Year Solo General Law Practice

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Business Description

This well-appointed general law practice is for sale. Jerry Smith has amassed 50 years of clients he handles in matters of general law. Jerry is committed to transitioning a new attorney into his role, making sure they provide his clients with the best care.

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Detailed Information

Location:
Du Quoin, IL
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Smith Attorney office resides in a 1,600 sq ft metal building with a brick front. The lot size is 5,000 sq ft. The office is nicely appointed with a large attorney's suite including a law library, a reception area, an assistant's office, 2 bathrooms, kitchen with appliances, and some additional space that could be built out. The attorney's suite includes a magnificent older attorney desk group with a credenza, complete with chairs, filing cabinets, bookshelves and a fireplace. The reception area features a comfortable waiting area with classic furniture. There is a storage room also. There is covered parking at the rear of the building for the owner. There is ample parking in front. Computers, software, office chairs, some small appliances, operating materials, are all included in this package. Copy machine is available for a lease fee from a local office machines company.
Competition:
Attorney Smith has a large client list and has handled general and family law matters for some families over multiple generations. These are loyal, recurring clients. This location is premium, located on the Rt 51/Washington St. corridor, with easy access.
Growth & Expansion:
There is room to expand physically on the footprint as well as grow the client list through various marketing methods, including advertising and social media; Smith is not currently marketing his services.
Financing:
Seller is ready to retire, but needs someone dedicated to serving his clients.
Support & Training:
Attorney Smith is wanting to transition his client work to a new attorney. This would be the perfect opportunity to step into a ready-made law office. Seller will be available locally as well for questions and could even work as a consultant if needed.
Reason for Selling:
Retirement.
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Robyn Russell

Business Listed By:
Robyn Russell

Russell Business & Financial

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