ATTENTION: The business has been pre-qualified by a Canadian banking institution for up to 75% financing to a purchaser with experience or background in the paralegal or legal business, subject to credit approval and sufficient net worth requirement.
For sale is one of the most established and reputable legal services firm in Toronto. The Company generates stable referral based revenues year over year working with some of the most prestigious law firms in Toronto and throughout Canada. In business for over 30 years, the Company is known for its timely and reliable services as well as high quality of work. Given that the demand for paralegal services is on the rise, a well-established and trusted company like this will experience further steady growth in the years to come. Revenues have been stable over the last 5 years as the owner is planning for retirement and not in further growing the business.
An ideal purchaser would have a good understanding of the legal environment with several years of experience either in legal services, or other process oriented service business. Another company, offering similar or complementary services could easily add this type of business to its offerings. No special permits or licenses are necessary for operating the business.
Business Asking Price: $746,000
Profit (Normalized): $213,000
Equipment Book Value (FFE): $4,000
Employees: 6 (excl. owners)
For more information please contact:
Alex Shteriev, MBA, Salesperson
Beacon Brokerage, Corporation
416-228-1200 ext. 212