-
$1,500,000
Offered at
-
$1,964,363
Revenue
-
$412,869
Discretionary Earnings
-
$155,760
Down Payment
California workers’ compensation defense law firm established in 2016. The firm is wholly focused on workers’ compensation defense. Founded on a legacy of expertise and professionalism, the firm has built up a sterling reputation for delivering exceptional defense strategies in workers’ compensation cases. With a proven track record of success and a loyal client base, this business is a gateway to instant credibility and recognition in the workers’ compensation defense market. The firm’s business model has ensured a steady flow of clients and revenue.
Summary:
- Offered at $1.5M
- $1.9M in Revenue projected for 2023
- $412,869 DE projected for 2023
- Over 10 employees including attorneys, paralegals, legal assistants, and administrative support staff.
The Seller will provide training for 4 weeks/30 hours per week.
Reason for Selling:
The Seller desires to focus on non-competing business.
Inquiries from principals with an active/in good standing California State Bar license only.
Financial Summary
| Summary | 2020 | 2021 | 2022 | 2023 |
| Revenue | $2,046,900 | $1,609,258 | $2,309,304 | $1,964,363 |
| Cost of Goods Sold | $248,653 | $165,934 | $217,880 | - |
| Gross Margin | $1,798,247 | $1,450,307 | $2,091,424 | $1,964,363 |
| Operating Expenses | $1,583,220 | $1,205,045 | $1,645,500 | $1,879,179 |
| Net Profit | $215,027 | $245,262 | $445,924 | $85,185 |
| EBITDA | ||||
| Owners Benefits | $237,803 | $282,361 | $547,364 | $262,869 |
| Discretionary Earnings | $387,803 | $432,361 | $697,364 | $412,869 |