Tampa, TX
$199,899
Tampa, TX
$199,899
Salinas, CA
$1,200,000
Englewood, CO
$420,000
Hollywood, FL
$600,000
Orlando, FL
$375,000
Minnesota
$475,000
Camas, WA
$375,000
Monterey County, CA
$395,000
Indiana
Cash Flow: $104,291
Austin, TX
$6,990,000
Available in Multiple Locations
$50,000
Lee County, FL
$225,000
Sacramento, CA
$900,000
$5,000,000
St. Louis County, MO
Nashville, TN
$1,195,000
Cherry Hill, NJ
$700,000
Jeff Hofflander
Advantage Business Brokers
Serving Douglas County, NE
Forty percent of businesses that are listed for sale, do not sell. Don't let that happen to your business. My experience in valuing businesses and marketing them for quick sale has taken years to perfect. I work with businesses from $50,000 to over $20 Million. We match buyers and sellers together on transactions and facilitate and coordinate with all parties of the transaction to come to a smooth closing. My Advantage is that we have a higher probability of selling your business because when most local banks won't finance a buyer, we have options to get the buyer financing so your business gets sold quickly. I provide FREE Business Valuations and guarantee to get you the most money at Closing for your business. Contact me at 402-578-5800 for a FREE valuation or consultation. Businesses listed and sold in Florida are through Keller Williams Jupiter.
Key West, FL
$1,250,000
Portland, OR
$4,485,000
Orlando, FL
$2,950,000
New Port Richey, FL
$300,000
Chester County, PA
$100,000
Available in Multiple Locations
$100,000
Broward County, FL
$75,000
California
Louisville, KY
$1,200,000
Dallas County, TX
$405,000
Omaha, NE
Cash Flow: $434,800
Peoria County, IL
$349,000
Hillsborough County, FL
$900,000
Ohio
Cash Flow: $664,000
Denver County, CO
$3,000,000
Available in Multiple Locations
$50,000
Passaic County, NJ
$499,000
Alabama
$725,000
Atlanta, GA
$2,800,000
California
$500,000
Available in Multiple Locations
$150,000
Colorado
$1,800,000
San Diego County, CA
$305,000
Lecanto, FL
$849,900
Bensalem, PA
$749,900
Shawano, WI
New Port Richey, FL
Ernie Martinez
Century 21
Serving Santa Clara County, CA
Century 21 is the largest and oldest Business Broker and Real Estate since 1971 in all of Northern and Southern. Exclusive online listings that attract 1,000's of additional potential buyers and investors. .
Berlin, NH
$269,900
Law firms and legal services businesses listed for sale on BizBuySell offer a variety of services focused on providing legal guidance, ensuring compliance with regulations, and protecting client interests. These firms typically specialize in areas such as business law, dispute resolution, litigation, estate planning, criminal defense, personal injury, immigration, and corporate law. Some businesses may not be law firms but focus on legal support services or document preparation.
If you are in the market to buy or sell a law firm or legal services business, it’s important to understand how these businesses perform financially, and how they are valued in the business for sale market. To help you get started, we have aggregated data from law practice and legal service business for sale listings to surface typical financials as well as revenue and earnings multiples based on asking prices. These values can provide relevant context when evaluating individual businesses.
Market Snapshot
Number of Business Listings Analyzed | 80 |
Median Asking Price | $624,989 |
Median Reported Revenue | $641,190 |
Median Reported Earnings | $265,913 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Law Firm & Legal Services Business Valuation Multiples
Range | Revenue | Earnings (SDE) |
Lower Quartile | 0.71 | 1.50 |
Median | 0.98 | 2.55 |
Upper Quartile | 1.38 | 3.43 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Law Firm & Legal Services Business Valuation Benchmarks
FAQs
How much does it cost to buy a law firm?
Prices vary depending on the size of the business listed, but the median asking price for a law firm or legal services business is $624,989.
How much do law firm business owners earn?
Law firm or legal services business owners report median annual sales of $641,190 and annual owner earnings of $265,913. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a legal practice?
Valuing a legal practice or legal services business involves considering several factors, including annual sales, profit, growth (or decline) trends, and demographic trends of the local market. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Revenue multiples among law firms and legal services businesses listed for sale range from 0.71 to 1.38, with the median at 0.98. Earnings multiples range from 1.50 to 3.43, with the median at 2.55. These values suggest the average law firm or legal services business in the U.S. may sell for around 0.98 times its annual revenue, and 2.55 times its annual owner’s earnings.
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