Premier Pinellas County Law Firm For Sale, Real Estate Available
Pinellas County, FL
| Asking Price: | $200,000 |
| Gross Revenue: | $576,847 |
| Real Estate: | $500,000 |
| Cash Flow: | $79,000 |
| FF&E: | $25,000 |
| Established Year: | 1989 |
Listing ID: 2234819Listing provided by BizBuySell
BUSINESS DESCRIPTION
This multi-lawyer firm has been serving clients in Pinellas County in the areas of real estate, estate planning, trust administration, probate, and business law for more than 30 years. Strong repeat client base with past real estate and estate planning work leading to future matters. Two full time attorneys plus the retiring owner who works part-time. The owner will remain as ‘of counsel’ to the buyer to transition clients and referral source relationships. The 2,000 square foot office condominium real estate where the firm is located is available for purchase.
DETAILED INFORMATION
Location
Pinellas County, FL
Inventory
Included in asking price
Real Estate
Owned
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Law firm operates from 2,000 square foot "Class A" office space on high traffic road. Large facility with reception area, private offices, and a meeting area.
Competition
Pinellas County is a suburban county near the cities of Tampa and St. Petersburg with almost 1 MM residents, a median age of 48 and average annual household income of just under $94,500.
Growth & Expansion
Long standing firm with deep relationships in the community. Activates existing and former clients through print newsletter and events. Owner has been semi-retired.
Financing
Owner note up to $70K, 5 years, 8.5% int., on purchase of practice and real estate.
Support & Training
Owner will remain as of counsel to the firm to transfer files, clients and referral source relationships to the buyer and will also enable the buyer to use the owner’s name in the firm name post-closing.
Reason for Selling
Retirement
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