Estate Planning, Probate, and Real Estate Law Firm in Prime Location

Martin County, FL

Seller Financing Available

Law Firm Pic.
Asking Price:$390,000
Gross Revenue:$830,916
Real Estate:$1,350,000
Cash Flow:$173,222
FF&E:$15,000
Established Year:1977
BUSINESS DESCRIPTION

Estate Planning, Probate, and Real Estate Law Practice with a more than 40 year legacy and premium office location. If you're looking to practice estate planning and probate, or to grow your existing estate planning practice into a fast growing and desirable community, this firm is the perfect opportunity for you. Strong referral network of financial advisors and other professionals as well as a large affluent retiree client population. Experienced staff including two veteran paralegals. Over 5,000 wills have been prepared since the firm’s founding, ensuring future probate and estate planning work. The owner works less than 40 hours per week. The 3,858 sq. ft. office building strategically located in the business downtown area is available for purchase. At the option of the buyer, the seller will remain as 'of counsel' to the firm to ensure a smooth transition of client and referral source relationships to the buyer and to enable the buyer to use the seller's name in the law firm name after the sale.

Purchase options include practice-only ($390,000) or practice with office building ($1,740,000). Seller financing available.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Owned
Building SF
3,858
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Stand-alone building in downtown commercial district is available for sale or seller will lease for 3 years if buyer does not wish to purchase building.
Competition
Stuart, Florida, an affluent coastal community of 17,000 (with 150,000 in the market area) strategically located between Palm Beach and Orlando. The area has a large retiree population, strong real estate market and a growing professional/business owner demographic.
Growth & Expansion
Significant opportunity to expand the firm based on large existing client base for ongoing services, strong referral network relationships, growing affluent retiree population, the established reputation in thriving coastal community, and future probate work from extensive will/trust vault.
Financing
Multiple options available. Contact listing agents for specifics.
Support & Training
Owner will provide: 20 days post-closing transition training and a one-year "of counsel" arrangement. All client and referral sources will transfer to buyer and buyer can continue use of owner's name and goodwill (of counsel agreement required per Florida Bar Rules.)
Reason for Selling
Owner retirement.
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Ed
Alexander
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Ed Alexander