Practice Description

Well-established solo estate planning practice serving a loyal client base of high-net-worth farmers and small business owners in Southern Minnesota. Located two hours south of the Twin Cities, this firm benefits from a strong referral network of satisfied clients, fellow attorneys, and other professionals. With minimal competition—many competitors have retired or soon will—this practice is well-positioned for continued success.

Financial Performance

• Annual Gross Revenue: ~$750K
• Reliable Revenue Stream: Strong base of repeat clients
• Consistent Referral Network: Well-established relationships drive steady new business

Client Base & Services

The firm primarily serves:

• Wealthy Farmers: Farm succession planning, wills, trusts, and estate tax strategies
• Small Business Owners: Business succession planning and general estate planning needs

With a high percentage of repeat business and referrals, the firm enjoys a steady and predictable revenue flow.

Growth & Expansion Potential

• Untapped Online Presence: The firm’s outdated website presents a significant opportunity to attract new clients through digital marketing.
• Minimal Competition: With many competitors already retired or nearing retirement, this firm faces virtually no local competition, making it an exceptional opportunity for an attorney looking to take over a thriving, in-demand practice.
• Increased Marketing Potential: Expanding advertising and outreach efforts could quickly boost revenue.

Lifestyle Benefits

This is a rare opportunity for a Twin Cities-based attorney looking to escape the fast-paced metro life while maintaining a high-income practice. The firm’s location offers the benefits of small-town living—lower cost of living, strong community ties, and a more balanced professional and personal lifestyle—without sacrificing financial rewards.

Transition Support

The retiring owner is committed to staying on for a few years after closing to ensure a smooth transition. They will introduce the buyer to key referral sources, facilitate client retention, and provide mentorship as needed.

Terms & Structure

• Flexible Deal Structure: Open to offers
• Earnout/Seller Financing: Negotiable terms available