Listing Number: 2301-344893
Description
PRICE REDUCED BY $113,000! SELLER NOTE for up to 50% of the asking price!
This long-term sole practitioner law office has a stellar reputation in Lake County Florida specializing in Real Estate, Probate, Estate Planning, Civil Litigation and Corporate representation and is now for sale after nearly three decades in the area.
The law office building is being sold and therefore, the new business owner will need to move to a 1,000 sq ft office space at approximately $2500 per month in rent to accommodate past and future clients. The financials below have taken this change into account as the current owner has more space than needed and has been paying much more to lease the current space.
Priced to sell quickly as the owner is ready to retire after a smooth transition period mutually agreeable by both parties. Buyer must have his law degree & license to take over the operation.
Other = RENT ADJUSTMENT DOWNWARD
Listing Details
- Price: $ 200,000
- Down Payment: $100,000
- Sellers Discretionary Earnings: $ 363,650
- Total Sales: $ 706,338
- Location: Lake County, Florida
- Inventory: $ 0
- FF&E: $ 0
- Employees: 4
- Year Established: 1996
- Reason for Selling: Retirement
- Category:
