Registered Process Service Company

San Luis Obispo, CA (San Luis Obispo County)

Seller Financing Available
Registered Process Service Company
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Asking Price: $10,000

Cash Flow: $21,600

Gross Revenue: $76,000

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $575 per Month

Established: 2010

Registered Process Service Company

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Business Description

Lots of room to expand business by a motivated buyer.

(Listed Cash Flow is 'net' after all costs paid, including part time employee)
Established since 2010. Legal Services Company specializing in Service of Legal Process.

The Business serves legal papers for Attorney's, self represented individuals, companies, out of area Process Serving Companies, and anyone who wants Legal papers served.

We are California Registered Process Servers and are in high demand, especially as Covid19 begins to slow and Court Actions increase steadily. We have done very well during Covid19 as an essential business.

The Business serves every type of legal paper (ie Family Law, Civil, Probate). From 3 day notices to Pay Rent, to Unlawful Detainers, Summons and Complaints, Small Claims, Subpoenas, and all facets of Judgments and collections.

For 11 years we have built up a steady list of Attorneys, Self Represented, Outside affilates (other process serving companies in Calif and other States that need us to serve their papers). We receive regular phone calls and emails from our typical page one listing on google and other search engines.

The Business has grown almost every year since our inception in 2010. We have put a minimum of marketing into the business through 'Constant Contact' and google page views. This business is very amenable for an outgoing motivated buyer who wants to walk-in and take over the business and client lists, and build their own client list accordingly.

Potential Additional Business: Subpoena preparation, Photocopying, E-Filing for Attorney Clients, Messenger Service.

The Business is managed by the owner and one part time employee. Independent Contractors are also used for local Services, and the Business has affiliates to serve papers in every State in the Country.

Nice Two room Office with Low rent in a freeway accessible area of San Luis Obispo City.

Owner is a hands on Registered Process Server and has many years of experience both with this Company and previously working as a Deputy Sheriff (Retired) serving Legal Documents. He will be available in person for two weeks to assist in the transition and set-up of new owner. Ongoing phone availability to be arranged.

Competition? There are two larger Process Serving Companies in San Luis Obispo City and we have consistently taken our share of the local and out of area business.

Detailed Information

Location:
San Luis Obispo, CA
Real Estate:
Leased
Building SF:
309
Lease Expiration:
6/30/2021
Employees:
1
Facilities:
Very nice two story office. Upstairs unit in building with name of Company listed outside building. Two room office, with door between them for privacy if needed. Currently has two glass desks, two printers, bookshelves, two Apple Imac Computers, sofa, mini fridge, and microwave. Restrooms short walk away. Well maintained restroom facilities on the same floor.
Competition:
Current Market in San Luis Obispo County is very good for picking up new business and expanding the current income.
Growth & Expansion:
An aggressive marketing campaign will grow this business nicely. Many of our existing Attorney clients like the personal attention a smaller company can offer. To be successful, time must be spent at office, be able to answer the phone and engage prospects who will go somewhere else if not able to make contact. Same with email, much business derived through others asking for price quote to Serve papers. Note: 2019 Gross Revenue was $76,000 prior to Covid19 / 2020 Gross Revenue $63,400 during Covid19
Financing:
Seller may help buyer with note
Support & Training:
Two weeks hands on training from owner. Two weeks availability by phone for questions and followups. Recommendations to join Calspro (Calif assn of Process Servers) and NAPPS (National assn of Process Servers) and other trade groups to be discussed.
Reason for Selling:
Ready to Fully retire. Staying in area. Have priced it very reasonably.
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Business Listed By:
john mcdonald

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