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Immigration Law Office In Virginia For Sale

Harrisonburg, Virginia, US
Asking Price:
$285,000 (USD)
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$139,000 (USD)

IMMIGRATION LAW OFFICE FOR SALE.
You do not need a VA license to acquire this law office, just a license to practice law from any State.

Top web presence within 100 miles. First source of media interviews for TV and radio stations on the topic of immigration for an area of coverage of most of the western part of VA.

4 websites in two languages.

Marketing campaign online and for mobile, for the target demographic, set; only continue paying the advertising fees for each outlet (google ads, Bing ads, Facebook, and such). Response rate from advertisement to client is over 25% (1 in 4 that see the ad contact the office and come for a consultation). Other business gets less than 12%.

Weekly newspaper column in newspaper read by over 350,000 aliens in VA, and parts of WV and MD is included; column has been running for over 12 years and is very popular even used by other news outlets as source of information such as Telemundo and Univision as well as foreign news outlets in countries south of USA.

Gross income in the last two years, including 2019, has exceeded $150,000. Prior years were 13%, 18% and 20% less respectively on 2016, 2015, and 2014. This corroborates that the marketing campaign is efficient.

Sold with all equipment and furniture therein. Two Intel I-7 8950, 16 and 32GB of RAM, both with upgraded Nvidia video cards and two monitors connected, security camera system, three copier/printers on network all working, and of course usual office stuff (filing cabinets, supplies, lamps, folders, label printers, modem, and everything an office needs to operate).

Law office is a household name amongst the alien population for the whole state of VA.

Taxes, licenses, registrations, all in order. No debt, no loans. Accounts receivable (money owed) around $20,000 as of December of 2019 for the year 2019. Balance of billables for the first trimester of 2020 is over $36,000 for existing cases/clients.

Current counsel will finish all work on pending cases that have been paid for by the clients, leaving you (the purchaser) with the cases that are new. So you get the income of all clients from date of sale but don’t need to do the work since it has been done.

Rent very low ($250), boutique office with two ample areas (reception and office) in Main Street building that is easy to find, bank on first floor of building.

Because the area of practice allows early completion of filings before trial dates, we are 14 months ahead of schedule on Court cases, and all applications with immigration are pending (unless we acquire new clients until sale) or awaiting decision; which means you can focus on new clients or work on those future cases for which the client will be paying for.

Will provide 30 days of training and advice on the area of practice, to facilitate the continuation of the operation of the law office and assist in the area of practice at no additional cost. Why start from scratch when you can move into an office that is running, ready, known, and with a good money flow?

Price: $275,000. You can make that amount in two years of operation.
Curious as to why we are selling? Answer: Because we are retiring.

Property Information

Real Estate:

Lease

Lease Terms:

bi-annual, rent is $250 per month.

Location:

Prime corner in Court Square, across the Street from local Court, easy to find.

Premises Details:

Ample two room office for solo practitioner, with room for expansion. Building is maintained perfectly, heat included, big windows typical of older architecture, with elevator.

Size in square feet:
450 square feet

Business Operation

Expansion Potential:

Can expand to other areas with branch offices in Roanoke, Lynchburg, Chatham and other areas where the target demographic resides because of the availability of jobs for them.

Competition / Market:

Competition is not significant, since they are new in the area. The office marketing campaign has been efficient in saturating the target demographic with the brand name of the office, something competitors are barely doing.

Reasons for selling:

Retirement

Trading hours:

Monday to Friday 10AM to 6PM

Employees:
02
Years established:
15 years

Other Information

Support & training:

30 days included.

Furniture / Fixtures value:
$15,000 (USD)
Website:
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Related Documents:
Relocatable:
This business can be relocated.

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