Price: $5,750,000
Location: CONFIDENTIAL
Industry: Legal Services and Law Firms
Listing ID: 42734672
Listing Status: New
We are pleased to present an outstanding opportunity to acquire a well-established family law firm located in Florida. This practice specializes in comprehensive family law services including divorce, child custody, alimony, child support, enforcement, and pre and postnuptial agreements. The company has a seasoned team of lawyers, paralegals, marketing and operations director, coordinators, intake specialists, and office staff. The owner contribution in revenue is less than 5%. This firm operates efficiently with well-established processes and a strong organizational structure. Financials shown reflect annualized numbers. 2023 revenue is $3.8M, and adjusted net profit is $1.08M.
Please provide the NDA, financial statement/proof of funds, and background information to receive the CIM, which will be shared only with financially vetted and experienced prospective buyers.
Down Payment: $1,000,000
Total Sales: $4,216,085
Cash Flow: $1,494,220
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
FFE Included: Yes
Inventory: N/A
Inventory Included: No
Year Established: 12
Year of last Acquisition: 12
Days & Hours of Operation: Monday-Friday 9AM-5PM, Saturday&Sunday Closed
Owner Hours Per Week: 40
Lender Pre-Qualified: Yes
Non-Owner Payroll: N/A
Employees: 26
Absentee Owner: No
Real Estate: N/A
Real Estate Included: No
Monthly Rent: N/A
Franchise: No
Terms and Conditions?: Sales Price $5,750,000 Loan Amount $4,124,000
Down Payment: $5,000,000
Estimated Closing Cost $124,000
Buyer's Equity/ Other Funds $950,000
Term 10 Years
Rate: Prime + 2.00%
Payment: 55,984
Training & Support: 4 weeks no cost