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Legal Practice - Prime Location - Priced To Sell
Location: United States -> New York -> New York City Area -> Brooklyn
Industry: Professional Services > Accounting and Legal




Business Summary

Divorce Mediation and Mortgage Modification Practice. Seller practiced Law up until recently, working primarily in Criminal Law, Contested Divorces, and Real Estate matters in addition to seller's current areas of practice. 30 to 50 cases ongoing at any given time. Large number of client accounts and collaboration with other attorneys. Seller willing to stay on up to one year to make any necessary introductions and ensure transferability of accounts.

Seller Financing - 33% Cash Down - Seller will Finance 67% of Price over 5 Years at 5% Simple Interest Rate

Began in 1998, Seller has an extensive background in Mediation services while also practicing Law.

No similar businesses in near proximity. Desirable location with heavy foot traffic ensures a constant flow of business, in addition to seller's list of accounts. Seller's longtime and established practice sets business apart from any potential competition which may arise.

High potential to grow business through the merger of client accounts and additional collaboration with attorneys. Perfect addition to an existing legal practice, opening up an additional stream of revenue and maximizing number of accounts which can be transferred.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $250,000
Cash Flow:   $126,503
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $5,000
Seller Financing:  Yes

About The Business

Year Established:  1998
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  1 week training & up to 1 year to help transfer accounts and make introductions to clients
Reason For Selling:  Retiring

Photos

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Legal Practice - Prime Location - Priced To Sell Photo 1




Print Listing Id: 700193157
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Related Searches: Accounting and Legal  >  Consulting  >  Other Professional Services  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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