Law Firm/ Abstract & Title Company #86202123

, Texas 9 views 0 favorites

Financial Highlights
Asking Price
$0
Revenue
$442,767
Business Description

This business is a law office and title company that provides a broad array of legal services to a variety of different industries. The title company was founded in 1932, and has been providing abstracts, title insurance, and escrow services to local real estate agents, lenders, attorneys, corporations and home owners. Their highly experienced staff coordinates both residential and agricultural real estate transactions with a high degree of efficiency. The law firm was founded in 1917 and has continually excelled in providing the most professional legal services in their geographical area. Location: Texas Year Established: 1932 Number of Employees: 4 Real Estate: Owned Building Sq. Ft.: 7,500 Facilities: This law firm operates out of a 7,500 SF facility with 8 offices. This is in a great location in the downtown area, and would allow a new owner to step in and drastically grow operations. Market Outlook/ Competition: • Limited Competition - This company is in an area with very limited competition in their geographical area. This firm is the preeminent real estate law firm in the local area. • Superior Name Recognition - This business has been a staple in the community for over 100 years and has proven to be a dependable firm for residents in the community. • Sovereignty Plant – The Abstract and Title company is in pocession of a sovereignty plant with records that date back to the 1800s. These records are sealed in a concrete room that is protected from natural disasters. • Real Estate Offering– The Title Company and the Law Firm are located in a 7,500 SF space with 8 offices. Also for sale is another office space rental building next door to the law firm with 20+ office spaces. This location could serve as a great source of passive rental income, or as an add-on space to their existing operations. Growth & Expansion: *Geographic expansion * Increase service offering * Hire additional staff (current ownership has to turn down jobs)

Business Details
Industry:
Financial Services
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 14 hours ago

Views: 9

Favorites: 0