Growing Legal Support Service Business – Sold
Price: $6,000,000
Annual Revenue: $6,000,000
Net Cash Flow: $1,300,000
Industry: Services
Location: NYC, New York
This business has been sold. Please view our other Legal Services Businesses for sale and other Services Companies for sale. If you are considering selling your legal business please contact us for a confidential consultation.
Well-established and profitable company providing support to a niche in the legal industry across New York State. This fully licensed and insured firm has built a stellar reputation for its timely and cost-effective delivery of services.
Management’s customer-centric model has resulted in the business assuming a leadership position in its category with little to no marketing. Steady growth during both recession and post-pandemic times is a testament to the company’s stability and will provide new owner confidence and comfort going forward.
Streamlined expenses and limited day-to-day involvement of the owner permit a seasoned managerial professional much-needed time to identify and implement scaling strategies. The current adverse economic climate virtually guarantees the firm’s continued aggressive growth into the foreseeable future as evidenced by a projected normalized increase in year-over-year revenues of 20% each of the next two years, with an aggregate growth rate of nearly 300% since 2020!
With a motivated staff and long-term customer relationships, the owner will help transition post-sale to complete this outstanding offering.