Details:
Founded in 1998 and licensed in California, this law firm represents owners and property managers of large commercial real estate portfolios, offering a wide range of legal services in relation to property ownership. With longterm client relationships, the firm has an average lifetime client retention rate of over 90%. Their team of experienced contract attorneys are matched with clients based on personality, approach, and area of legal expertise to ensure a perfect representational fit. The founder is eager to ensure a smooth transition of the business, with a focus on maintaining and improving the existing work product and client relationships.
Key Highlights
$2,000,000
Asking Price:
$2,305,185
Revenue:
$419,260
Adjusted EBITDA:
4.8x
EBITDA Mutliple:
1998
Year Established:
West
Location:
Revenue
Adjusted EBITDA
Service Source
Other Details:
Quality Work at Fair Price: This firm bills clients on an hourly basis while offering a flat flee schedule for routine work. Hourly billing is determined as follows: (i) Unlawful Detainer Actions: $300.00, (ii) Breach of Contract Actions: $350.00, (iii) Bankruptcy: $350.00, and (iv) Transactional: $400.00.
Depth of Legal Service Offering: Typical services include but are not limited to:
- Review of and negotiation of leases
- Preparation of lease amendments
- Unlawful Detainer actions
- Lawsuits for breach of lease and breach of guaranties
- Commercial collection of lease debts
- Creditor side of bankruptcy
- Defense of American Disability Act lawsuits
- Notices of Non-Responsibility
- Defense of Mechanic’s Lien lawsuits
- Litigation related to unlicensed Marijuana dispensaries
- Review and advise re Covid related ordinances and limitations imposed on landlords
Client Retention: This practice rarely sees client churn – boasting a 95% average client retention rate.
Our Process
Sign NDA
Thank you for signing our NDA, we’re excited to share this information with you! 🤩Review Materials
We'll share marketing materials about the seller's business for your review.Meet Our Team
We’ll be speaking with potential buyers (you included!) on behalf of our sellers to answer questions, discuss the fit and outline the process. 📞Meet the Seller
We’re here to introduce our sellers to potential buyers. These calls are an open format for buyers to ask questions about the business and for sellers to familiarize themselves with the potential buyer and the cultural fit for their team. 👋Submit an LOI
Taking this opportunity to the next step, a buyer shares their proposed transaction structure and it is shared with the seller. 🎬Due Diligence
The selected buyer now has access for a full analysis of the seller’s business to finalize the transaction. 🔍Closing
All agreements are signed and funds are transferred. Congratulations! 🎉