Small Practice profitable, established New Jersey-based law firm
Business Description
This established New Jersey-based law firm represents a compelling acquisition opportunity in the legal services sector. Operating continuously with a proven track record, the firm has strategically positioned itself for seamless ownership transition through recent rebranding initiatives that emphasize transferable business assets over personal recognition.
Business Overview:
The firm operates on an efficient virtual model with flexible office arrangements, maintaining low overhead while serving an established client base. The practice employs two licensed attorneys (one being the owner who would be replaced by buyer) and qualified support personnel, ensuring operational continuity and professional service delivery.
Practice Areas & Market Position:
Specializing in family law services, the firm maintains an active caseload with strong recurring revenue potential. Core practice areas include divorce proceedings, military divorce matters, domestic violence cases, and ongoing family law issues such as child support and custody modifications. This specialization creates natural client retention opportunities and predictable revenue streams.
Financial Performance:
The firm demonstrates strong financial fundamentals with gross revenue of approximately $1.1 million annually. Cash flow averages $450,000 for the 2024-2025 period, with net income estimated between $400,000-$450,000 after standard business adjustments. The asking price of $1.15 million reflects industry-standard valuation multiples for professional service firms.
Operational Advantages:
• Virtual business model reduces overhead costs
• Established marketing infrastructure including digital advertising and client reviews
• Recurring client relationships in family law matters
• Qualified staff structure supporting operational continuity
• SBA loan qualification demonstrates creditworthiness for potential buyer financing
This opportunity offers an established platform for growth in high-demand legal services with proven systems, qualified personnel, and strong financial performance. The firm's strategic positioning and transferable business model provide an ideal foundation for continued expansion under new ownership.
Services and Practice Areas
The Firm provides comprehensive legal services in family law, emphasizing personalized, compassionate representation to protect clients' interests. Key practice areas include:
• Divorce: Handling thousands of cases, including complex matters like property division, alimony, and high-asset separations. Divorce is a core service with high demand, often leading to repeat business.
• Child Custody and Support: Addressing custody arrangements, modifications, and enforcement to ensure children's best interests.
• Military Divorce: Specialized support for service members, navigating unique federal regulations.
• Paternity and Adoption: Discreet handling of establishment, disputes, and adoption processes.
• Relocation and Grandparents' Rights: Assisting with post-divorce moves and family access rights.
• Domestic Violence Injunctions: Providing protection orders and related advocacy.
• Contempt & Enforcement: Enforcing court orders for compliance.
• Other Areas: Limited criminal and municipal law to complement family matters.
Growth Opportunities
• Expansion Potential: The rebranding to a generic name enables diversification beyond family law, such as adding complementary practices in criminal or municipal law.
• Recurring Revenue: Family law's nature fosters lifelong clients, with increasing repeat business.
• Marketing Leverage: Transferable Google-driven leads and reviews can scale with targeted ads.
• Market Demand: High need for divorce and family services in New Jersey, with opportunities to target niches like military families or grandparents' rights.
• Operational Efficiency: Low overhead allows for quick scaling, potentially adding staff or locations.
Business Overview:
The firm operates on an efficient virtual model with flexible office arrangements, maintaining low overhead while serving an established client base. The practice employs two licensed attorneys (one being the owner who would be replaced by buyer) and qualified support personnel, ensuring operational continuity and professional service delivery.
Practice Areas & Market Position:
Specializing in family law services, the firm maintains an active caseload with strong recurring revenue potential. Core practice areas include divorce proceedings, military divorce matters, domestic violence cases, and ongoing family law issues such as child support and custody modifications. This specialization creates natural client retention opportunities and predictable revenue streams.
Financial Performance:
The firm demonstrates strong financial fundamentals with gross revenue of approximately $1.1 million annually. Cash flow averages $450,000 for the 2024-2025 period, with net income estimated between $400,000-$450,000 after standard business adjustments. The asking price of $1.15 million reflects industry-standard valuation multiples for professional service firms.
Operational Advantages:
• Virtual business model reduces overhead costs
• Established marketing infrastructure including digital advertising and client reviews
• Recurring client relationships in family law matters
• Qualified staff structure supporting operational continuity
• SBA loan qualification demonstrates creditworthiness for potential buyer financing
This opportunity offers an established platform for growth in high-demand legal services with proven systems, qualified personnel, and strong financial performance. The firm's strategic positioning and transferable business model provide an ideal foundation for continued expansion under new ownership.
Services and Practice Areas
The Firm provides comprehensive legal services in family law, emphasizing personalized, compassionate representation to protect clients' interests. Key practice areas include:
• Divorce: Handling thousands of cases, including complex matters like property division, alimony, and high-asset separations. Divorce is a core service with high demand, often leading to repeat business.
• Child Custody and Support: Addressing custody arrangements, modifications, and enforcement to ensure children's best interests.
• Military Divorce: Specialized support for service members, navigating unique federal regulations.
• Paternity and Adoption: Discreet handling of establishment, disputes, and adoption processes.
• Relocation and Grandparents' Rights: Assisting with post-divorce moves and family access rights.
• Domestic Violence Injunctions: Providing protection orders and related advocacy.
• Contempt & Enforcement: Enforcing court orders for compliance.
• Other Areas: Limited criminal and municipal law to complement family matters.
Growth Opportunities
• Expansion Potential: The rebranding to a generic name enables diversification beyond family law, such as adding complementary practices in criminal or municipal law.
• Recurring Revenue: Family law's nature fosters lifelong clients, with increasing repeat business.
• Marketing Leverage: Transferable Google-driven leads and reviews can scale with targeted ads.
• Market Demand: High need for divorce and family services in New Jersey, with opportunities to target niches like military families or grandparents' rights.
• Operational Efficiency: Low overhead allows for quick scaling, potentially adding staff or locations.
About the Sale
- Financing Options
- Seller is open to seller financing for qualified buyers
Listing Info
- ID
- 2467178
- Listing Views
- 9
Listing ID: 2467178 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. See our full Terms of Use. Learn how to avoid scams.
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