Family Law Firm

Price: $5,750,000

Location: CONFIDENTIAL

Industry: Legal Services and Law Firms

Listing ID: 42734672

Listing Status: New

Description

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.

LISTING DETAILS

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

Operation

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

Location

Real Estate: N/A

Real Estate Included: No

Monthly Rent: N/A

Franchise: No

Summary

Terms and Conditions?:

Sales Price $5,750,000
Down Payment: $5,000,000
Estimated Closing Cost $124,000
Buyer's Equity/ Other Funds $950,000

Loan Amount $4,124,000
Term 10 Years
Rate: Prime + 2.00%
Payment: 55,984

Training & Support:

4 weeks no cost

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER