Immigration Law Firm for Sale- Profitable & (mostly) Portable

IL (Relocatable)

Seller Financing Available
Immigration Law Firm for Sale- Profitable & (mostly) Portable
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Asking Price: Get Financing: $1,200,000

Cash Flow: N/A

Gross Revenue: $1,140,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1996

Immigration Law Firm for Sale- Profitable & (mostly) Portable

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Business Description

Well-established law firm with focus on business immigration

Established decades ago, this firm enjoys an excellent (and in many ways, a unique) reputation for providing outstanding representation and excellent customer service. With long term corporate clients and referrals from existing and prior clients, this firm has consistently enjoyed steady income and healthful profits, even during the economic downturn of the past decade.

This sale is a result of the owner wishing to retire. Owner is dedicated to transitioning the business only to a qualified buyer(s)who is/are passionate about immigration law (primarily business immigration) and providing excellent customer service. Owner is willing (if desired) to provide any training needed to qualified buyer(s) once escrow is completed. Owner is ready to make introductions to existing clients as needed and in a way that is helpful to the firm's continued growth plan. Owner would consider part time employment with the firm if the buyer(s) desired.

Firm's gross revenues and net profit continue to grow, exceeding $1.1m last year with additional growth (10%) projected for 2018. Cash flow $450K+ in 2017 but will be much higher with new owner's strategic hiring and accounting decisions. Gross revenues can increase without much effort by keeping the (currently) referred business (i.e., outbound migration, removal, asylum, J-1 waivers, federal practice) in-house. Gross revenues can increase by new owner(s) working full time (current owner does not maintain a full time practice).

Owner knows that this is an outstanding opportunity for an experienced and dedicated immigration lawyer who has an entrepreneurial spirit.

Detailed Information

Competition:
Firm enjoys excellent reputation with many long-standing clients.
Growth & Expansion:
Owner sees tremendous growth potential to harness existing and prior clientele and referrals for EB-5 visas, outbound migration, removal, asylum, and J-1 waiver work. Owner sees excellent growth potential when comprehensive immigration reform occurs. By working full time in the practice new owner(s) will realize more income from existing work alone. While owner sees this as a tremendous opportunity, owner is dedicated to finding the right buyer(s); documented experience in business immigration and an excellent reputation in the field are essential.
Support & Training:
Owner will provide as required/needed. Owner will make introductions to existing clients in a way that is helpful to the firm's continued growth.
Reason for Selling:
Owner is ready to retire.
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Business Listed By:
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