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Opportunities

Collaborative Family Law with Niche in Mediation

Multi Location – Proven Plan for Replication!

CASH FLOW
$737,412

Specifications

  • Price
    $2,950,000

  • Revenue
    $2,391,725

  • Cash Flow
    $737,412

  • Industry
    Professional: Financial/Office Services

  • Location
    Connecticut

  • Service Area
    Throughout the state of Connecticut with 2 locations

  • Profit Margin
    31%

  • Employees
    11 on staff including an office manager, 4 Lawyers, 3 Paralegals, an Administrator, and Receptionist

 

This firm provides family law-related services throughout the state of Connecticut, catering to various legal needs including divorce, custody, mediation, living wills & estate planning, as well as consulting services. Unfortunately, the divorce rate has more than doubled in the US since 1990. The firm’s case breakdown reveals a strong focus on divorce proceedings, which is approximately 70% of their caseload, custody applications make up about 25% of cases, with the remaining 5% in other legal matters and mediation services. Operating from two locations, with a 3rd on the way, allows for strategic positioning which enables them to serve a broad clientele across Connecticut effectively. This firm employs a dedicated team of 11 staff members comprising the office manager, four lawyers, three paralegals, an administrator, and a receptionist. The seller delegates caseloads among staff and manages productivity with a very low caseload which can be easily absorbed by the legal team. Owners’ role is more growth & vision. To ensure a smooth transition for a new owner, the seller has committed to providing a transition period of 1-3 years based on buyer preference. Additionally, the owner is willing to offer a 10% promissory note plus a 10% equity roll or earn out. Growth opportunities include geographical expansion and marketing in new territories within Connecticut or even beyond state lines.

 

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210 N 78th St. 2nd Floor
Omaha, NE 68114

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The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.