Family Law Firm in Connecticut for Sale
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Asking Price
$1,950,000
Detailed Information
Business Description
This Connecticut-based firm specializes in family law services, such as divorce, custody, mediation, estate planning, and consultations, with a primary focus on divorce cases (70% of their workload). Operating from multiple locations strategically placed across the state, the firm efficiently caters to a wide clientele. The team consists of 11 staff members, including lawyers, paralegals, and administrative support, all overseen by the owner who is looking to sell and transition to a new chapter in life. Priced at $1,950,000 with a 10% down payment of $195,000, this sale offers an opportunity for a new owner to step in and leverage the firm's established reputation for potential growth. The seller is willing to provide training over one to two years to ensure a smooth transition. Potential areas for expansion include entering new markets within or outside Connecticut, presenting avenues for significant returns on investment, with a projected return of $250,714 in the first year after debt