Elder Law Practice in Arizona For Sale

Business description

This well established Law Practice for sale in Southern Arizona has an existing revenue generating client base and strong contacts and referral sources in the community. Seller is looking towards retirement but is willing to transition the practice for a period of six months to a year at a negotiable salary. This presents a unique business opportunity for an attorney who is knowledgeable in the elder law/probate/estate planning areas of law interested in starting or expanding his or her practice. The practice also includes a small fiduciary component, which can be offered separately but would be most valuable if the attorney is willing to either become a fiduciary or have a certified fiduciary on staff or by arrangement.

Property information

Real Estate:

Lease

Lease terms:

Attractive 1500 sq ft free standing office with ample parking on a high traffic street. Monthly rent is $2,825. Lease expires December 31, 2008, but renewal options are available. Real estate is owned by seller.

Location:

Metropolitan area, busy street, good visibility.

Other information

Expansion potential:

The estate planning, probate and fiduciary components of the practice allows for expansion and additional growth.

Competition / Market:

There are several Law Practices in the area that incorporate Elder Law. This law firm has an excellent reputation in the community and a strong existing revenue generating client base.

Support & training:

Negotiable 6 mos to 1 yr.

Reasons for selling:

Retirement

Trading hours:

M-F 8am to 5 pm

Financing available:

Price: $90,000. Seller is willing to take $30,000 down and carry a note of the balance for a qualified buyer.

Furniture / Fixtures value:

$20,000 (included in the asking price)