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Listed by:

Transworld Business Brokers of Central Florida

Twenty Seven Year Old Legal Practice For Sale

Lake County, Florida, US
Asking Price:
$250,000 Furniture / Fixtures included
Sales Revenue:
$706,338
Cash Flow:
$363,650

PRICE REDUCED BY $113,000!
This long-term law office has a stellar reputation in Lake County Florida specializing in Real Estate, Probate, Estate Planning, Civil Litigation, and Corporate representation, and is now for sale after nearly three decades in the area.

The law office building is being sold and therefore, the new business owner will need to move to a 1,000 sq ft office space at approximately $2500 per month in rent to accommodate past and future clients. The financials below have taken this change into account as the current owner has more space than needed and has been paying much more to lease the current space.

Priced to sell quickly as the owner is ready to retire after a smooth transition period mutually agreeable by both parties. The buyer must have his BN license to take over the operation.
Other = RENT ADJUSTMENT DOWNWARD

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 2500
Square Footage: 1000
Building Type: office
Terms & Options: Must move location
Expiration Date: 12/31/2023

Business Operation

Competition / Market:

Miles: 25
Years: 3

Reasons for selling:

Retirement

Employees:
4
Years established:
27

Other Information

Support & training:

Weeks Training: 1
Cost: $0

Financing available:

Loan/Seller- Amt: 125,000
Mos: 36
Rate: 9.00
Mo Pmt: 3,974.97

Furniture / Fixtures value:
$10,000 - included in the asking price