Established and Highly Respected Law Firm in North Dallas
Business Description
We are offering a well-established, reputable law practice in Allen, Texas, serving Collin County and surrounding areas with a steady book of business in estate planning, probate, litigation, real estate, criminal, and business law. We have been serving the community for over 25 years, generating a strong base of repeat and referral clients. We are looking for a buyer who will continue providing high-quality legal services to our valued clients and retain our talented team.
Why Buy This Practice?
• Turnkey Operation: Fully staffed with experienced attorneys and support personnel.
• Steady Revenue: Strong client base with ongoing matters and repeat business.
• Prime Location: Conveniently located with an excellent lease arrangement.
• Growth Potential: Opportunity to expand services or increase marketing efforts to grow the firm.
• Great Reputation: The firm and its attorney have won several awards for performance and community services.
Staff & Operations
• Attorneys:
o One part-time estate planning attorney generating full-time profits.
o One full-time attorney practicing probate and criminal law.
• Support Team:
o Firm administrator/senior paralegal
o Two junior paralegals
o Part-time billing specialist
o Receptionist/office manager
• Office Space:
o 3,500 - 4,000 sq. ft. office
o $4,650/month lease (utilities, taxes, maintenance, and services included)
o 7 offices, 3 conference rooms (2 are offices – one large and one medium converted office), 10 cubicles, kitchen/breakroom, and storage space.
Sale Terms
We are open to a full sale or a structured transition plan to ensure continuity for clients and employees. Seller financing options may be considered for the right buyer.
Ideal Buyer
This opportunity is perfect for an attorney or firm looking to expand into the Allen, Texas area or a solo practitioner seeking a thriving practice with a built-in client base and support team.
________________________________________
Note: All inquiries will be kept strictly confidential.
Why Buy This Practice?
• Turnkey Operation: Fully staffed with experienced attorneys and support personnel.
• Steady Revenue: Strong client base with ongoing matters and repeat business.
• Prime Location: Conveniently located with an excellent lease arrangement.
• Growth Potential: Opportunity to expand services or increase marketing efforts to grow the firm.
• Great Reputation: The firm and its attorney have won several awards for performance and community services.
Staff & Operations
• Attorneys:
o One part-time estate planning attorney generating full-time profits.
o One full-time attorney practicing probate and criminal law.
• Support Team:
o Firm administrator/senior paralegal
o Two junior paralegals
o Part-time billing specialist
o Receptionist/office manager
• Office Space:
o 3,500 - 4,000 sq. ft. office
o $4,650/month lease (utilities, taxes, maintenance, and services included)
o 7 offices, 3 conference rooms (2 are offices – one large and one medium converted office), 10 cubicles, kitchen/breakroom, and storage space.
Sale Terms
We are open to a full sale or a structured transition plan to ensure continuity for clients and employees. Seller financing options may be considered for the right buyer.
Ideal Buyer
This opportunity is perfect for an attorney or firm looking to expand into the Allen, Texas area or a solo practitioner seeking a thriving practice with a built-in client base and support team.
________________________________________
Note: All inquiries will be kept strictly confidential.
About the Business
- Years in Operation
- 25
- Number of Employees
- 8
- Facilities & Assets
- Our leased, one story, stand-alone office is centrally located in town, featuring ample parking, 7 offices, 3 conference rooms, 10 cubicles, and a spacious layout (approx. 3,500-4,000 sq. ft.). The current lease is incredibly affordable at $4,650/month, including taxes, utilities, bi-weekly professional cleaning, property maintenance.
The office is fully furnished with furniture and equipment. We own all the equipment, but the landlord owns more of the furniture (desks, chairs, and conference room furniture). - Market Outlook / Competition
- The local market is underserved by attorneys, presenting significant growth potential in an upper middle-class community that can afford legal services. The competition is not as great in our community as it is in other cities in Collin County, Texas. We have a steady stream of clients from referrals, repeat business, and ongoing marketing. Our founder has served this community for 25 years, which has added to our strong presence in the community.
- Opportunities for Growth
- Our office has space for more attorneys. We have the business to support additional attorneys in our areas of practice. Also, there are opportunities to add practice areas to grow the business.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,500
- Rent
- $4,650.00 per month
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- To ensure a seamless transition, the founding attorney is available to remain as Of Counsel, providing continuity for clients, operations, and marketing efforts.
In addition, the attorneys and staff will be available for training on our systems.
Listing Info
- ID
- 2333855
- Listing Views
- 1392
Listing ID: 2333855 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.