Rapidly Expanding Elder Law Firm with Strong Digital Marketing Program

Morristown, NJ
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Gross Revenue:$2,400,000
Established Year:2018
EBITDA:$1,100,000
BUSINESS DESCRIPTION

This profitable and unique Elder Law Firm was established in 2018 to provide high quality legal services at affordable rates to small business owners and individuals. This high profit law firm enjoys an excellent reputation as a leader in comprehensive elder law. Legal expertise is focused on Estate planning, POAs, Wills, Living Wills, Trusts, Guardianships, Special Needs Trusts, Business Succession, Life Resources, Eldercare & Medicaid Planning & Eligibility, Medicaid Denial Reviews, Asset protection plus Veteran benefits along with probate and estates. There is no customer concentration. Legal services are provided to approximately 200 new clients each year. The company’s highly successful digital advertising strategy is focused on seniors using social networks such as Google, Bing, Facebook and others. There are 6 different legal packages available ranging in price from $1,900 to $25,000. The business employs a lean but stable staff of 11 well-trained and knowledgeable employees including the owner/attorney plus 1 director of operations, 1 full-time marketing person, 1 part-time advertising and social media coordinator, 5 para legals, 1 administrative person and 1 receptionist. The business operates from a 4,000SF separately owned executive office building. The seller believes there is much opportunity to expand and is open to long term involvement with equity participation.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,000
Employees
11
Facilities
Free standing building, 4,000 SF
Support & Training
Will provide necessary training
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Frederick B. Collins
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Frederick B. Collins