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

Family Law Practice
$350,000 Cash Flow: $175,155
Family Law Practice

Los Angeles County, CA

Well established, very profitable family law office available. The Owner’s exit strategy is to retire within next 3 years. Accordingly we are searching for an attorney interested in acquiring a family law practice. A slow transition is envisioned to retain the goodwill of the significant number of annual referrals to the firm. An extra office is available for the new owner to start practice immediately and allow the present owner to phase out (as new referrals are transferred). No additional marketing has been required to achieve the stated annual revenues. The office operations are lean and efficient. A small portion of the income is generated by subleases. In the absence of a full value offer (preferential acceptance), a significant initial investment (60%+) followed by one or two years of investment will also be considered (secondary consideration). Interested parties will be provided a Non-Disclosure Agreement (NDA) and Buyer Profile. Due to the highly sensitive and confidential nature of this opportunity, full completion of both documents will be required to proceed. The practice is located in a desirable Northern Los Angeles County community.

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.