Upstate NY Court Reporting Firm

NY

Seller Financing Available
Upstate NY Court Reporting Firm
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Asking Price: Get Financing: $900,000

Cash Flow: $296,163

Gross Revenue: $961,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 1984

Upstate NY Court Reporting Firm

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Business Description

Owners of a well-established upstate NY court reporting firm with many opportunities for growth, creating an excellent acquisition opportunity.
Revenues:
2016 961K Annualized
2015 972K
2014 941K

Major Service Lines: Court Reporting & Legal Services for Depositions (Medical Malpractice, Litigation, Intellectual Property, etc.) and Arbitrations
Other Services: Video Conferencing & Videography
Customers:
Law Firms
Insurance Companies
Healthcare Providers
State Departments
Municipalities
Universities
Court Reporting & Legal Service Firms
Labor/Staff
10 Full-Time W2 Employees (2 Principals, 3 Administrative, 5 Court Reporters)
7 ICs/Court Reporters
Technology
Web-based depositions with state-of-art depositions suites and teleconference centers.
Utilizes an array of third-party technologies across its business lines

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
17
Financing:
seller will consider some financing for qualified buyer
Reason for Selling:
Retirement Planning
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(from currently available funds)
 
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Tim Kruse

Business Listed By:
TIMOTHY JOSEPH KRUSE

Kruse Acquisitions, LLC

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