Established Law Practice for Sale in Oakland County, MI - Pending

This is an established law practice located in Oakland County, Michigan, established in 2006. The practice specializes in general business law, including contracts, real estate, employee agreements, supplier/contractor agreements, and securities. It serves a diverse range of industries such as restaurants, construction, and manufacturing, with activities split evenly between transactional work and litigation. The owner is seeking retirement and is motivated to ensure a seamless transition for their long-standing clients. The owner is open to working as a full-time employee post-closing, gradually reducing hours over 3-6 months. The business operates from a leased office space in a 1200 sq ft building downtown for $700 per month, sharing common areas with other attorneys. The gross revenue for the last reported period was $167,855, with a listed price of $90,000 and $0 Total Adjusted Net Income. The seller, who is also the attorney and owns the building, may offer office space rental for approximately $800/mo.