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Listed by:

Neumann Associates

Cash Flow Rich Personal Injury Law Firm For Sale

South Florida, Florida, US
Asking Price:
$3,600,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,700,000
Cash Flow:
$1,500,000

This well-known Personal Injury Law Firm, specializing in medical malpractice cases, provides a wide array of legal services to a diverse client base throughout the South Florida region. The firm enjoys significant operating margins and documented profitability. The ideal buyer should have an active Florida Bar License in good standing as well as some medical malpractice experience or background.

The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 3.4x EBITDA (trailing 4 year average). A full valuation report is included and there is $175,000 in Net Working Capital plus another $35,000 in Fixed Assets included in the deal. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner operator will obtain more than $860,000 benefit in after- acquisition-debt cash flow in Year #1 – 120% return on equity investment.

(ALL DATA BASED ON SIGNED TAX RETURNS)

Property Information

Real Estate:

Lease

Location:

South Florida

Premises Details:

This business currently operates from a conveniently located 2,500 sq. ft. office suite with renewal options.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

It is projected that a new owner will obtain significant additional growth by expanding the direct marketing efforts and legal staff to service a wider territory with a minimal annual investment of $150,000 to $250,000. The Company projects an annual revenue growth rate under such premise of 20%+ per year with higher gross margins.

Competition / Market:

The company enjoys a strong competitive advantage in the region through its personalized service (bilingual), industry experience and high success rate. The firm has a solid foundation built on industry referrals and is poised for accelerated growth.

Reasons for selling:

Retirement (consulting available)

Employees:
5
Years established:
2005

Other Information

Support & training:

A comfortable transition period will be provided by the owner who truly wants to see the business continue to flourish. Seller will consider a mid-term consulting agreement thereafter. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$0.7m Seller note plus $2.2m Bank financing subject to buyer qualification

Furniture / Fixtures value:
$35,000 - included in the asking price
Inventory / Stock value:
$175,000 - included in the asking price
Contact Broker

Listed by

Neumann Associates

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