Request Information About This Established Law Practice Business for Sale      Print This Business Listing       Return to Businesses for Sale Listing
Businesses For Sale US

BUSINESS FOR SALE - PROFILE #  11000001

Established Law Practice
Eureka
Asking Price: $408,000   Down Payment: $408,000  
Gross Revenue: $127,400   Adj. Cash Flow*: $211,900  
space line
Executive Summary

Escape the rat race:  Well-known solo law practice on the Northern California Coast for sale, including ownership of the office building.  Be your own boss and walk to the courthouse!


This highly respected law office is an established general practice with a reputable clientele.  Major areas of focus include:  Business, Real Estate, Family Law and Estates.


 


 

Acquisition Highlights

  • Estate Plans on site should provide the purchaser of this law firm with an ongoing income stream. This is a unique opportunity for new admittees looking for a quick start, or experienced attorneys interested in increasing their client base.
  • Solo practioner/owner with 2 part-time employees. Monday - Friday 8 am - 5 pm
  • Gross revenue in 2009 was $127,500. Owner's discretionary cash flow was $52,000.
  • The Eureka area is an outstanding location to raise a family. Outdoor activities abound in the forests that rise up from the seashore. It’s a great mix of California sophistication and Northwest friendliness. Eureka is prosperous and business friendly.
  • The law office facility, valued at $287,500, is for sale with the law practice. The attractive, neoclassic-style building includes 4 offices, a law library and gracious reception area. It is conveniently located in downtown Eureka, walking distance from the courthouse. The pristine front yard is well-landscaped with a paved driveway and parking. If leased, the building can bring in about $27,000 in rent per year.
  • Established in 1998. Current owner is retiring.
  • Financing Information:  To be discussed
  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)
Established in: 1998 Inventory: Included
Employees: 2 PT Furniture, Fixtures & Equipment: Included
Real Estate: $287,500 Included
Other: $119,500 Included
    Total Assets Included in Sale: $407,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:
Contact:  Allen Coddington
Phone:  (415) 827-1122
Fax:  (415) 898-5703
Other:  (415) 827-1122
E-mail:  al@coddingtonconsulting.com 		California Professional Acquisitions
144 Chapel Hill Rd.
Novato, CA 94949
www.coddingtonconsulting.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
Businesses for sale listings at Businesses For Sale US.

More Information About Established Law Practice Businesses for Sale  Return to Listings