Family Law Firm in Connecticut: Divorce Experts.

Featured on BizBuySell.com . 2 viewed

Asking Price

$1,950,000

FOR SALE - ACTIVE

Detailed Information

Location

New Haven, CT (New Haven County)

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This family law firm in Connecticut specializes in various legal services, including divorce, custody, mediation, estate planning, and consulting. They primarily handle divorce cases, which make up about 70% of their workload, with custody applications accounting for 25%. The firm operates from two locations, with plans for a third, strategically positioning them to serve clients across the state effectively. The team consists of 11 dedicated staff members, including lawyers, paralegals, and support staff, with the owner looking to sell the firm to pursue a new direction in life. With a focus on transitioning ownership smoothly, the seller is offering training to the new owner for one to two years based on the buyer's preference. Priced at $1,950,000, a 10% down payment of $195,000 could potentially yield $250,714 in the first year after debt payments. The firm presents growth opportunities for buyers interested in expanding geographically within Connecticut or even exploring new markets outside the state

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Listed By:

Name : Jared Olson

Phone Number : Show Phone number

Jared Olson typically replies in about 7 minutes

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