Los Angeles County, CA Legal Services and Law Firms For Sale

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Corporate Law Practice with Recurring RevenueTransactional law practice with robust client portfolio for sale in LA
$225,000 Cash Flow: $323,282
Corporate Law Practice with Recurring RevenueTransactional law practice with robust client portfolio for sale in LA

Los Angeles, CA

Grow your legal practice by acquisition! Here is a select opportunity to acquire a 7-yr. old corporate law practice at a value price! The practice features a well-established brand, client base, and recurring revenue. The practice provides general corporate, M&A, and transactional legal services to its clients, as well as serves as outside general counsel to small and medium sized businesses. Seller has developed and proven a unique business model that allows the practice to attract early-stage companies and retain them as they grow over time. This business model is what provides for the higher than average client retention and recurring revenue of the practice. Further, the practice features a solid infrastructure of systems and procedures, which will provide for a smooth and easy transition of the practice to the Buyer. Currently, the practice is staffed with one associate, one part-time law clerk, one administrative assistant, and one part-time CFO. Seller's current role is business development, new client intake, and high-level client strategy and deal structuring. Most day-to-day legal work and routine client interaction is executed by the associate. This opportunity is ideal for an established corporate/transactional lawyer looking to either start his/her own practice or grow the revenue and client base of an existing legal practice. Seller is leaving law and pursing another business opportunity. Seller is motivated to sell. Opportunities like this are rare! Email inquiries to: asmith@fcbb.com.

Legal Services has Strong Future Demand!
$155,000 Cash Flow: $132,443
Legal Services has Strong Future Demand!

Los Angeles, CA

Take the reigns of this established business by providing crucial service to the legal world filing court papers, process serving, skip tracing, messenger service and much more. The current customer base is 100% recurringB 2B. Current ownership has built its loyal base to about 100 clients. Four to five clients within their longstanding customer base comprise about 20% of the ongoing business. After 32 years serving this industry niche, the current owner wants to relocate out of the areaand pursue a different business focus. 2016 annual revenues were $403,113. 2016 seller discretionary earnings (SDE) were $107,900. 2015 annual revenues were $408,180. 2015 SDE were $110,365. Margins have remained strong and consistent year after year. Included in a sale: equipment incl. computers and furniture (see list), business records, customer lists, goodwill, covenant not to compete, published website, URL, telephone number, business-specific software and transitionary training. According to Tom West, 28-edition author of Business Reference Guide, “Just as the U.S. Post Office continues to be a communication staple in the U.S., so shall the traditional means of hand-delivered service.” To serve legal papers, register as a process server with LA County https://www.lavote.net/home/county clerk/professional-registrations/process-server/general-info and activate a business license. Easy to be operating in business quickly! Revenue growth opportunities exist through direct marketing to attorneys, collection agencies, property management companies and homeowner’s associations, to name a few. Business can easily scale by increasing the number of delivery runners in the field.

Law Firm with healthy income for Sale.
$850,000 Cash Flow: $500,000
Law Firm with healthy income for Sale.

Los Angeles County, CA

Well established Prestigious Law Firm that has been in business for over 42 years with a full staff, same phone number and impressive reputation and track record is up for sale. The firm specializes about 70% in personal injury and about 30% in Business litigation, medical malpractice, real estate, professional liability, product liability, catastrophic injuries, class actions/mass torts, intellectual property, breach of contract, and employment, including wrongful termination with a golden reputation in the community.This firm has a very strong referral base without any advertising, same phone number for over 42 years.The annual average gross sales over the past 3 years are $870,000 + per year and average net income over the past 3 years are about $500,000 per year.All books and records are available to review upon execution of an NDA and proof of funds. Rent is $4100 per month, 1600 sqft office space, 5 year lease, options available.About $100,000 in outstanding account receivables (This number may vary)3 FT & PT outside Contracted attorneys plus 8 FT & PT Office employees which include 4 paralegals and a Part-time negotiator.SBA financing 4142017.@@@ Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer. This information is shared by all Brokers/Agents at Liberty Business Advisors, Inc.


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