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Mid-West

  • Listing No.: 130-20297

  • Category: Professional

Asking Price $395,000
Down Payment
Gross Revenue $470,000
Total Adjusted Net Income $224,920
Equipment / Fixtures $10,000
Year Established 2018
General Location Mid-West
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Law firm with consistent clients, reoccurring revenue, and repeat compliance work monthly, quarterly, and annually! This is a unique opportunity to acquire a profitable and growing benefit funds & labor compliance law firm. The firm has an excellent industry reputation and long-term client relationships. The firm has experienced high revenue growth due to the high-level of respect it has within the industry, quality of service & work product, and a robust marketing strategy. The firm provides ERISA compliance review and filings, apprenticeship compliance review, and labor, union & benefit counsel for large construction trade organizations. The firm serves clients, primarily across several Mid-West states, as well as national clients. The firm is extremely efficient with extensive systems & SOPs in place and can function remotely. Most of the day-to-day client contact and legal work is performed by the firm’s associate attorney. This opportunity is ideal for mid-sized labor or benefit fund law firms looking to expand. Opportunities like this are rare! Email inquiries to: ddube@fcbb.com

Gross Revenue $470,000 Listed Price $395,000
Total Income $224,920 Down Payment
Base Rent $1,474 Square Feet 1310
Total Rent $1,474 Lease Expiration 01/2021
Rent Deposit $1,474 Lease Options 1 & 3 years
Inventory Not Included Leasehold Improvements $2,500
Equipment / Fixtures $10,000 Other Assets
Full-Time Employees 3 Training Period Thirty (30) days
Part-Time Employees Special License Required Bar License
Contract Staff Reason for Selling Pursue other business interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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