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Small But Well Known Transactional Firm Growing Niche Specialty For Sale

Pierce County, Washington, US
Asking Price:
$500,000 Inventory / Stock included
Sales Revenue:
$391,546
Cash Flow:
$266,581

The Seller of this small, transactional, law firm has been serving a specific business to business niche for over forty years. While they do business across the entire State of Washington, most of the relationships funneling deals to the firm are located within Western Washington. Operating from a small Pierce County and a home office, most of the work is completed remotely with very little in person meetings. An experienced employee, primarily working from home, assists in much of the leg work required as the Seller completes more complicated tasks requiring the attorney skill-set. This business requires extensive use of a trust account.

The Seller is fully willing to conduct a longer transition to assist the buyer in a smooth transfer and retainage of important relationships. This is a rare opportunity to bolt on and incorporate one of the market’s best-known name brands into your own firm and get a jump-start on rising demand. If you’re ambitious, client focused and have a desire to enter or expand into an exciting niche, give us a call today! All inquiries will be required to submit a Non-Disclosure Agreement.

Property Information

Real Estate:

Lease

Premises Details:

The business operates from both a standard office space in a Pierce County office park and the Seller’s home located further South. The office serves as a mailing address and occasional workspace for not only the Seller but also the employee who also works mainly from home. This business is not dependent on this specific location and could easily be incorporated into an existing Law Office.

Business Operation

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

The niche market that is being served is growing fast and demand is rising. The Seller has spent forty years cultivating relationships that fuel the transactional nature of the firm. The key to growth and expansion is capacity based. By adding additional personnel, the transaction flow is naturally increased. At the moment, there is no shortage of demand.

Competition / Market:

There is competition but this firm has operated within a small, but growing, niche for over forty years. They are known as the ‘Go-to’ for their practice area from multitudes of referral sources and loyal relationships. The Seller has developed a one stop shop system that other firms find difficult to match.

Reasons for selling:

Retirement.

Employees:
1
Years established:
1988

Other Information

Support & training:

The Seller is prepared for an extended transition to reduce attrition and provide a smooth handover.

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

Seller is open to some financing in order to secure SBA funding.

Related Documents:
Relocatable:
This business can be relocated