ELDER LAW PRACTICE in Arizona
Location: Arizona > Pima County > Tucson
Industry: Professional Services > Legal and Accounting
Financials
Asking Price: $90,000
Gross Revenue: $287,700
Cash Flow: $148,700
FF&E: $20,000 (Included in Asking Price)
Seller Financing: Price: $90,000. Seller is willing to take $30,000 down and carry a note of the balance for a qualified buyer.
Business Summary
This well established Law Practice for sale in Southern Arizona has an existing revenue generating client base and strong contacts and referral sources in the community. Seller is looking towards retirement but is willing to transition the practice for a period of six months to a year at a negotiable salary. This presents a unique business opportunity for an attorney who is knowledgeable in the elder law/probate/estate planning areas of law interested in starting or expanding his or her practice. The practice also includes a small fiduciary component, which can be offered separately but would be most valuable if the attorney is willing to either become a fiduciary or have a certified fiduciary on staff or by arrangement.
About the Business
Year Established: 1997
Employees: 4 full time - 2 part time
Facilities: Attractive 1500 sq ft free standing office with ample parking on a high traffic street. Monthly rent is $2,825. Lease expires December 31, 2008, but renewal options are available. Real estate is owned by seller.
Market Outlook and Competition: There are several Law Practices in the area that incorporate Elder Law. This law firm has an excellent reputation in the community and a strong existing revenue generating client base. The estate planning, probate and fiduciary components of the practice allows for expansion and additional growth.
About the Sale
Management Training and Support: Negoatiable 6 mos to 1 yr.
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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