$1,100,000
Reputable Law Firm Specializing in Insurance Litigation
Listing Type: Business Opportunity
Category: Professional Practice
Status: Available
CBA ID#: 679126
0 Undisclosed
Tacoma, WA 98406
Commercial Property

Marketing Description:

Discover an outstanding opportunity in the legal realm with the sale of a distinguished law firm specializing in insurance litigation. This law firm, started 20 years ago and growing every day, but now it is time for the CEO Attorney to spend some time on the golf course. Boasting a solid reputation forged through years of successful practice, this firm stands as a beacon of excellence in the legal community. With a seasoned team of attorneys adept at navigating not only courtroom proceedings but also disputes before the Board of Industrial Insurance Appeals and the Employment Security Commission, they offer comprehensive representation to insurance companies seeking expert legal counsel. Situated for success anywhere, this firm presents a prime chance for expansion and diversification!

Listing Agent Remarks:
Support & Training Owner will stay on for a healthy transition

Growth & Expansion: Clients are Insurance Companies and many are untapped yet. The firms reputation and success draws clients to them.

Use Discretion: Yes

Showing Instructions: NDA Must be signed by buyer and buyer broker, prior to any disclosure of business. Buyers broker must be present for all tours and meetings and must b

Included in Price:

  • Real Property: No
  • Inventory Included: No
  • Fixtures/Equipment: No
  • Phone System: Yes
  • Trade Name: Yes
  • Excluded Items: No

Financials:

  • Operating Income: $1,127,308
  • Operating Expense: $636,279
  • Net Profit: $491,029
  • Monthly Rent: 4815
  • Docs With Offer: Yes
  • Profit/Loss Years: 3
  • Schedule C Years: 3
  • Balance Sheet Years: 3
  • YTD Statement: Yes

Seller Terms:

  • Seller Terms: Yes
  • All Cash: Yes
  • Minimum Down: Half
  • Percent Interest: 10.00

Property Features:

  • Catagory: Professional Practice
  • Leaseable SqFt: 2000
  • Includes Living Space: No

Business Features:

  • Ownership Type: Corporation
  • Hours: 8:00am - 5:00pm
  • Days Open: Monday - Friday
  • FT Employees: 9
  • Year Established: 2005
  • Why Selling: Retiring

Licenses:

  • Beer/Wine: Unknown
  • Gambling: No
  • Professional: Yes
  • Class H: No
This Listing Supplied Courtesy of The Wynn Group
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity