Highly Profitable Employment Law Firm in Ohio LPE#572

practice area: Employment Law Price:

$1,500,000

Location: Ohio Status: Active
Revenues:

$700,000-$1,500,000

Owner Cash Flows:

$250,000-$750,000

Staff:

1-5

Associates:

1-5

Inception Range:

1990-2000

Real Estate Available:

Yes- Seller owns office space and willing to sell or lease to new ownership

Lease Rate:

$3,500/mo

The firm is positioned to capture cases from all over the State of Ohio. With its well-developed and customer service oriented workflow processes that have been refined over the years, the firm has developed an incredible reputation that is dominant in Ohio and beyond. The firm attributes its continued success to its excellent reputation and name recognition which drive its overall leads, clients, revenues and overall growth through demand for its services. The firm typically handles between 50-60 cases at any given time.
  • Excess Demand: The firm currently has far more demand for its services than capacity. The firm is in the process of hiring new attorneys to capture the additional work and the resulting cash flows for increased profitability.
  • Strong Cash Flows: Cash flows to the owner are typically in the $250,000 to $750,000 range with much room for growth.
  • Scalability: Given the already high demand and that the firm engages in no firm wide marketing there is great opportunity to capture additional work and drive additional leads.
This is an incredible opportunity to acquire a strong firm, its key relationships, and future goodwill and profits in Ohio and beyond. The owner looks forward to transitioning the firm to a new owner and is willing to stay on post-closing to transition as desired to preserve the future goodwill, clients, and revenues for the successor.

What Our Clients Say !

“The transition was smooth, the clients were glad to know their new advocate was enthusiastic and ready to help them and the practice never skipped a beat.”

Erik B.- Buyer

2019-01-02T01:16:03+00:00

Erik B.- Buyer

“The transition was smooth, the clients were glad to know their new advocate was enthusiastic and ready to help them and the practice never skipped a beat.”
“Amanda and Tom introduced me to a buyer I would have never met otherwise.  Throughout the process, they were available, helpful, and experienced in keeping us on track toward closing.  The entire process went better than expected, and I have Amanda and Tom to thank for that.”

-Bankruptcy Firm Seller LPE#541

2019-01-02T01:27:54+00:00

-Bankruptcy Firm Seller LPE#541

“Amanda and Tom introduced me to a buyer I would have never met otherwise.  Throughout the process, they were available, helpful, and experienced in keeping us on track toward closing.  The entire process went better than expected, and I have Amanda and Tom to thank for that.”
“Thank you again for all of your help. I didn’t think it was possible to get money for our practice and you proved me wrong.”

-Residential Real Estate Seller LPE#522

2019-01-02T01:25:47+00:00

-Residential Real Estate Seller LPE#522

“Thank you again for all of your help. I didn’t think it was possible to get money for our practice and you proved me wrong.”
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