Legal Services & Law Firms, Other Service Businesses
Active
Established 30-Year Civil Litigation Practice
Brevard County, Florida, United States
Asking Price-
Revenue$700,000
EBITDA$471,000
Cash Flow-
Description
Well-established civil litigation firm with a 30-plus-year history and a defensible niche in construction and business-dispute litigation. The owner holds rare board-level specialty certifications, held by about 1% of attorneys statewide, plus nearly four decades of local standing in a referral-driven market. The practice runs on a lean, remote-first model with low overhead and strong owner earnings. Work is billed mainly by the hour and supported by an of-counsel attorney (LL.M, taxation) and a long-tenured team. Financials are clean, cash-basis, with a strong collection rate.
This communication relates solely to a potential change-of-control M&A transaction involving an eligible privately held company. It is intended only for prospective acquirers who will acquire control and actively participate in management and is not an offer or solicitation of securities. If these criteria do not apply to you, this communication is not intended for you; please do not access or review the transaction materials.
Real Estate
Leased
Number of EmployeesFull-Time: 3
Year Established
1994
Facilities & Assets
The practice runs on a low-overhead, remote-first model. Staff work primarily from home, with a compact office (about 144 sq ft) used for client meetings under a low-cost lease running into 2027. With no dependence on expensive real estate or infrastructure, the business is efficient to operate and easy to relocate or scale.
The core asset is the operating practice itself, built over 30-plus years: an active matter pipeline (roughly 25 to 50 open files), a loyal client base that includes a decades-long anchor relationship, established referral relationships across the local bar, and a respected brand developed over nearly four decades. All client, matter, time, and billing records are maintained in Tabs3 practice-management software. An experienced, long-tenured support team and an of-counsel attorney (LL.M, taxation) provide operational depth and continuity for a new owner.
Support & Training
The owner is committed to a smooth, well-supported handover and will stay involved through an extended transition of 12 to 24 months. This is a genuine, hands-on transfer of client relationships, referral sources, and institutional knowledge, not a quick exit.
Continuity is reinforced by the existing team. The of-counsel attorney (LL.M, taxation) handles the same litigation work and is prepared to remain with the business after closing, and the long-tenured support staff stay in place. Documented case histories and standardized workflows in Tabs3 make it straightforward for a new owner or managing attorney to take the reins. Training can cover caseload and matter management, client care, billing and collections practices, and the firm's referral-driven approach to winning new work.
Market & Competition
The business operates in a stable, relationship-driven civil-litigation market with steady local demand for construction and business-dispute work. In this close-knit legal community, matters are won mainly through reputation and referral, which favors established incumbents and creates a real barrier to new entrants. Larger regional firms have not built a meaningful local presence.
Competition exists but is fragmented, and the practice competes on specialized expertise, responsiveness, and decades of local standing rather than on price. Rare board-level specialty credentials, held by only a small fraction of attorneys in the state, further set it apart. Demand has been consistent enough that the firm routinely refers out work beyond its core focus, a clear sign of unmet local demand a new owner is positioned to capture.
Growth Opportunities
The business offers several clear, actionable growth levers, most needing only added attorney capacity:
Capture referred-out demand. The firm regularly turns away family law, bankruptcy, personal-injury, and insurance-defense matters. Adding attorneys in these areas converts existing, unmet demand into revenue.
Raise rates. Current pricing sits meaningfully below the level management believes the market supports, leaving roughly 20 percent of headroom not yet taken.
Expand capacity. Delivery capacity has recently been rebuilt and can absorb higher matter volume.
Deepen the core niche. Formalizing construction and business-litigation intake around the firm's specialty credentials and anchor relationships would strengthen its best segment.
Build business development. Growth to date has come mainly from reputation and referral rather than a structured marketing effort, an obvious lever for a growth-minded owner.
Business listed by
Meridian
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