Expert Witness Prep & Placement for Law Firms
Tampa Bay Area, Florida
Asking Price: |
Gross: |
Cash Flow: |
$6,150,000 |
$4,114,006 |
$1,248,253 |
Furniture and Fixtures Value:
$0 ( not included in the asking price)
Inventory Value:
$0 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
This opportunity is a litigation consulting and expert witness firmthat provides business analysis and expert witness reports andtestimony. They assist law firms and government agencyclients. The focus is on identifying and retaining qualifiedexperts. They are engaged throughout the duration of the caseto support those experts. The firm also has special expertise inusing social media analysis to develop litigation-ready evidence.This firm’s client base are top, recognizable Corporations, NewsChannels, and the Department of Justice, that need assistancefinding expert witnesses, case analysis, witness reports, andtrial strategy & preparation. With a stable team of 12; made upof mostly attorneys, law professors, MBAs, and accountants,the buyer does not need to be an attorney as the current owneris not. The owner has some roles in business development andstaff oversight, though he has recently been offloading more ofhis client facing roles in order to prepare for a smooth transition.The seller has offered a transition period ranging from 1 to 2years, he is willing to do seller financing or roll equity of 25% asa sign of good faith. All personnel work remotely, which drivestheir 44% profit margin and allows them to take on clientsacross the United States and throughout Canada.Priced at $6,150,000, this business offers a strategic buyer theopportunity to expand their practice or allows for an individualwith legal experience looking to start their own practice. Thisconsulting firm has a stable team, client base, and network thatoffer extreme growth opportunities moving forward. Optionsvary and include creating a division of the business to handleopposition research in order to find contradictions orindiscretions that would assist with discrediting the opposition’sexpert witness, working with class action cases, and taking oncases for the International Trademark Association.
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Year
Business was Established: 2013 |
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Number of Employees:
12 |
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Facilities / Terms of Lease:
Very asset light and they work remotely from
home which keeps overhead low, allowing for a 44% Profit
Margin |
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Potential
Growth/Expansion:
Working with class action cases,
creating a division of the business to handle opposition
research in order to find contradictions or indiscretions that
would assist with discrediting the opposition’s expert
witness, and taking on cases for the International Trademark
Association. |
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Owner
willing to finance:
25% Seller Financing or Equity $1,537,500 75% Buyer and Lender $4,612,500 |
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Owner
willing to train:
2 years |
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Reason for selling:
Retirement Preparation |
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REQUEST MORE INFO |
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