Listing ID: 82545
Business Overview
Tenured Boutique Law Firm For Sale. Owner Currently Entertaining Offers with Creative Financing Options!!!” The firm was established by the current owner 15 years ago. The office is very well appointed and nicely laid out with room to grow. The current owner is ready to move on to the next chapter in her life but will stay to train as needed. There is an amazing paralegal in place who intends to stay following the sale and there is more business opportunity than the current owner has pursued. The practice owns several prominent landing websites resulting in high organic SEO. If you are ready to claim the lifestyle you always wanted, this is your opportunity!
Kansas City, MO law office was founded in 2007 for two major reasons: An attorney who wanted to create the premiere law firm in Kansas City and a single Mom who needed the flexibility to balance her practice with the needs of her children. The practice owner have been obsessed with learning technology to create a firm that runs at ultimate efficiency balanced by providing the client with the best experience possible. The seller believes in providing value and creating ravings fans to give us 5 Star Reviews!
Established processes and automation make this the firm to purchase. When it comes to serving their clients, they are well ahead of the curve and poised to be the best firm out there. Putting value and treating the whole needs of the clients, not just a narrow slice of “legal results”, makes this a law firm that helps the client with the entire process of divorce from the emotional challenges, practical challenges, helping them walk through the legal process and being an integral part of their legal team. The more the client feels part of the process (and not on the outside calling for a return phone call they never receive), the better their results. The better their results and the more they receive from the firm, the more likely they are to give a 5 Star Review. Also, there are NO other attorneys out there utilizing the Membership Site concept. Owner is super anxious to have this done and up and running. Further they have set up to offer other attorneys a Referral Partnership with includes link sharing, sharing email lists, PLR sharing, and other ways to interlink companies to improve organic marketing.
Beautifully appointed office ready for you to move in! Current space is set up for the new owner to bring in associates as the practice grows.
Financial
- Asking Price: $175,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: $1,000
- Inventory: $25,000
- Inventory Included: Yes
- Established: N/A
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,500
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
2 weeks
retirement
Additional Info
The deal will include inventory valued at $25,000, which is included in the suggested price.
The business has 1 employees and is situated in a building with estimated square footage of 2,500 sq ft.
The building is leased by the company for $1,937 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals choose to sell businesses. Nevertheless, the true factor and the one they tell you might be 2 completely different things. For instance, they may say "I have way too many various commitments" or "I am retiring". For many sellers, these reasons are valid. However, for some, these may just be excuses to try to conceal the reality of changing demographics, increased competition, current reduction in earnings, or a variety of other reasons. This is why it is really crucial that you not count totally on a vendor's word, yet rather, make use of the vendor's response along with your overall due diligence. This will repaint an extra practical picture of the business's existing scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of businesses borrow money with the purpose of covering items such as supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can suggest that earnings margins are too small. Many organisations fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future commitments to think about. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that need to be satisfied or may result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location draw in new customers? Often times, companies have repeat consumers, which form the core of their day-to-day earnings. Specific factors such as new competition growing up around the area, roadway building and construction, and also personnel turnover can affect repeat customers as well as adversely affect future incomes. One vital point to think about is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more people that see the business regularly, the greater the chance to develop a returning client base. A final thought is the general location demographics. Is the business placed in a largely inhabited city, or is it situated on the edge of town? Exactly how might the regional median house income impact future income potential?
