- The firm generates $3.0 million of gross revenue on 30,000 billable hours, indicating a meaningful operating scale for a two-partner practice.
- Revenue per partner is $1.5 million, which is a material productivity metric from a buyer’s valuation perspective.
- The firm reports 25% EBOC, providing a clear profitability measure that supports valuation analysis.
- The practice is highly concentrated in two partners, which can simplify transition planning and ownership transfer for a buyer.
- Both partners are age 79, creating an immediate succession and key-person transition risk for a buyer.
- The firm has only 2 partners and 2 staff, indicating an extremely small operating base that limits scale and increases dependence on a few individuals.
- Revenue per partner is $1,500,000, which suggests a highly partner-centric revenue model that can be difficult to transfer cleanly in a transaction.
- EBOC of 25% indicates relatively modest profitability before owner compensation, which can pressure valuation in relation to revenue.
- Total billable hours of 30,000 spread across only 4 personnel points to a very small delivery platform, limiting capacity and operational resilience.
- Reduce key-person and succession risk by formalizing a transition plan for the two 79-year-old partners, which is material to valuation given the firm’s current partner concentration.
- Expand leverage by adding staff or junior capacity, as the firm currently has only 2 staff supporting 30,000 billable hours and 2 partners, limiting scalable growth.
- Improve profitability through pricing and mix optimization, as the firm generates $3.0 million of gross revenue at a 25% EBOC margin, indicating room to enhance earnings quality.
- Increase revenue per partner by building a broader client base and reducing dependence on the current two-partner structure, where revenue per partner is $1.5 million.
- Preserve and potentially improve earnings through better delegation of billable work to lower-cost resources, supported by the current high billable-hour volume relative to firm size.
- The firm is highly dependent on two very senior partners, with partner ages of 79 and 79 and only 2 partners total, creating a material succession and continuity risk.
- Staffing is extremely lean at 2 staff against 30,000 billable hours, which suggests key-person dependency and limited operational depth to absorb turnover or workload disruption.
- Revenue per partner is very high at $1.5 million, indicating the business is concentrated in a small ownership base and may be difficult to transition without disrupting earnings.
- EBOC margin of 25% is solid but not exceptional for a firm of this size, leaving limited cushion if partner transition costs or staffing inefficiencies increase.
- With only $3.0 million of gross revenue and a very small team, the firm may have limited scale to invest in succession planning, infrastructure, or management depth.