Litigation Consulting Firm Expert Witness Prep For Sale

Overview

  • Business services, Services
  • Property Type

Description


Listed by:

The Firm

Litigation Consulting Firm Expert Witness Prep For Sale

Belmont,
Massachusetts, US

Asking Price:

$6,100,000
Sales Revenue:
$4,114,006
Cash Flow:
$1,248,253

The buyer does not need to be an attorney as the current owner is not one. Over the years, this operation has been able to create a network of experts to consult with and has a stable team of 12; made up of mostly attorneys, law professors, MBAs, and accountants. Consultants for law firms where they place and prepare expert witnesses for litigation & trial. This firm’s client base are top, usually recognizable companies or that need assistance finding expert witnesses, case analysis, witness reports, and trial strategy & preparation. The current owner has some roles in business development and staff oversight. He has recently been offloading more of his client facing roles in order to prepare for a smooth transition. Seller has offered a transition period ranging from 1 to 2 years. Additionally, the Owner is willing to seller finance or roll equity of up to 15% as a sign of good faith. The personnel of the firm work remotely, meaning they have extremely low overhead costs! This drives their 44% profit margin and allows them to take on clients across the United States and internationally.

Priced at $6,100,000 this business offers a strategic buyer the opportunity to expand their practice or this opportunity for an individual with legal experience looking to start their own practice. This consulting firm has a stable team, client base, and network that offer extreme growth opportunities moving forward. Options vary and include 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, expanding geographically to focus on more contracts outside of the US, working with class action cases, and taking on cases for the International Trademark Association.

Property Information

Premises Details:

Low CapEx: Very asset light and they work remotely from home which keeps overhead low, allowing for a 44% Profit Margin

Business Operation

Expansion Potential:

Growth Opportunities: 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, expanding geographically to focus on more contracts outside of the US, and taking on cases for the International Trademark Association.

Reasons for selling:

Retirement

Employees:
12
Years established:
2013

Other Information

Support & training:

Seller Training Period: 2 years

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

30% Seller Financing or Equity $1,830,000

70% Buyer and Lender $4,270,000

Related Documents:
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.



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Address

  • City Hong Kong

Details

Updated on March 10, 2023 at 8:17 pm
  • Property Type: Business services, Services
  • Property Status: For Sale, New Listing

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