Successful Real Estate Firm in the Rapidly Growing Triangle

LPE#621
Sold

Asking Price

$475,000

Location

North Carolina

Practice Areas

Real Estate- Commercial, Real Estate- Residential

Gross Revenues

$525,000

Owner's Cash Flows

$175,000-$275,000

Real Estate Value

Priced At Market Rate

Lease Rate

$2,750/mo

Associates

1-5

Non-Attorney or Other Staff

1-5

When Was Firm Started?

1990-2000

I’m Interested! Tell Me More.

Can’t miss opportunity in the Triangle (NC)! This firm is considered the “go-to” law firm for Residential Real Estate in its primary consumer market and immediate surrounding areas. This successful and reputable firm is built upon close and long-standing working relationships with lenders, real estate agents, and prior clients which have been built over the past 20+ years! This strong and dedicated network provides 60 to 80 residential real estate closings a month and has and continues to provide strong cash flows to owner.

 

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    • Incredible Reputation and Market Share: This firm is one of the most recognized legal brands in its marketplace, has cultivated an incredible reputation, and is the “go-to” firm in its marketplace.

 

    • Rapidly Growing Marketplace: The firm’s brand is well-established and promoted continuously in one of the fastest growing and high-demand areas of the country.

 

    • Ready to Scale: Current owner has focused mainly on daily firm operations and is comfortable at current cash flows levels. However, given the ever increasing demand in the marketplace there is significant opportunity for growth through increased promotion of the firm with local lenders, real estate agents and others. The owner is offering to assist in efforts on capturing growth opportunities post-closing.

 

    • Transition Ready: With strong processes, workflows, and knowledgeable staff the firm operations are transition-ready and owner is offering post-closing assistance to hand off goodwill and any needed training.

 

  • Flexible Transition: The owner looks forward to working alongside a successor post-closing to transition the firm connections, referral network, and clients consistent with an overall transition plan reflecting on buyer’s needs and goals.

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The owner looks forward to working with the right buyer to continue the value, the business platform and the profits the firm provides in serving its clients in the marketplace.

 

This is a must-see opportunity if seeking a reputable Real Estate firm as a part of your growth strategy!