Western NC Real Estate and Wills Law Firm
Asking Price
$1,400,000
Location
North Carolina
Practice Areas
Estate Law, Real Estate- Commercial, Real Estate- Residential
Gross Revenues
$2,000,000
Owner's Cash Flows
$775,000-1M
Real Estate Value
Negotiable
Lease Rate
Call to discuss
Associates
1-3
Non-Attorney or Other Staff
5-10
When Was Firm Started?
1990-2000
Very successful and well-established North Carolina firm predominantly focused on Real Estate law along with Wills & Trusts and other legal services offered to its primary and surrounding markets. Through years of work this firm has developed an incredible reputation and strong relationships resulting in a large market share within the community providing tremendous financials and even greater growth opportunities for the next owner.
The owner looks forward to transitioning the firm to a new owner to preserve the future goodwill, clients, and revenues for the successor.
Opportunity highlights include:
Tremendous Client Revenues and Owner Profits: Consistent Revenues at or above $2,000,000 a year and average benefit to owner of $750,000-$1M.
Active Clients and Billings: Open closing files and other client matters as well as future clients would transfer providing immediate revenues.
Community Brand: This firm has the brand in the community which has been built over a number of years and will benefit the next owner for years to come.
Immediate Growth Opportunity: Though this firm already has an extensive client base established solely through referrals, new ownership has unlimited growth potential through capturing client work that is currently referred out which is estimated in the hundreds of thousands per year.
Owner Transition: Ownership is willing and able to help buyer receive the benefit of what has been built through a purposeful transition plan by remaining in a specific capacity after closing to assist in transition of clients, referrals and provide mentorship or legal knowledge, if needed.
This is a great opportunity to acquire a firm with the brand and reputation in the community along with a strong client base.
Contact us today to request more information about this opportunity!