Los Angeles County Law Firm Ownership Opportunity (Bankruptcy)

LPE#614
Sold

Asking Price

$175,000

Location

California

Practice Areas

Bankruptcy

Gross Revenues

$250,000-$400,000

Owner's Cash Flows

$70,000-$120,000

Real Estate Value

Priced At Market Rate

Lease Rate

$700/mo

Associates

0

Non-Attorney or Other Staff

1-5

When Was Firm Started?

1980-1990

I’m Interested! Tell Me More.

Incredible opportunity to acquire and own a reputable and respected bankruptcy law firm in the Los Angeles county marketplace! This established firm with strong relationships and processes is seeking a successor to transition the firm’s goodwill and future cash flows.

[su_list icon=”icon: check-square” icon_color=”#0d2c4e”]

    • Incredible Location- Located in incredible Los Angeles county the firm operates from an office that is extremely convenient to the marketplace.

 

    • Support Staff- The firm offers a strong support staff to assist and drive business operations. It is anticipated that support staff will prove valuable with the transition of ownership and continuation of operations.

 

    • Transition Ready- The firm has proprietary written processes for all practice areas for smooth transition to a successor. Owner is offering to transition the firm to new ownership and looking forward to crafting a transition plan focused on handing off key firm relationships and referral network.

 

  • Growth Opportunities- Current ownership is content with caseload and the organic lead generation it receives from its reputation and referral network. Currently, the firm preforms no form of marketing and is able to easily maintain current revenues. Increased marketing efforts represents a great opportunity for increased lead generation and overall firm growth.

[/su_list]

If you are a bankruptcy, consumer law advocate or other attorney looking to own your own practice or a consumer creditor firm seeking a geographic growth opportunity in the Los Angeles marketplace look no further!