How long does it take to sell a business in Texas?

Most confidential business sales take 7-9 months from listing to closing, though preparation can begin 1-3 years earlier depending on readiness. Lion Business Advisors achieves a 70-80% success rate compared to the industry average of 20-30%.

What is my business worth?

Business valuation depends on financial performance, market conditions, industry multiples, and growth potential. Our valuation process benchmarks your business against current market data to establish a defensible price range. We specialize in businesses valued between $1M and $50M with annual revenues of $2M-$50M.

How do you protect confidentiality during a business sale?

We use controlled data systems, require NDAs before sharing information, vet all buyers for financial qualification, and maintain anonymity until you approve disclosure. Confidentiality is the most important ingredient in the successful sale of your business.

What makes Lion Business Advisors different from other business brokers?

We combine experienced M&A advisory with advanced valuation tools, rigorous buyer qualification, and full-cycle deal support. Our advisors hold certifications including CBI (Certified Business Intermediary) and CEPA (Certified Exit Planning Advisor). We achieve a 70-80% success rate and are recognized as M&A Advisors of the Year 2023 by Acquisitions International.

What types of businesses does Lion Business Advisors specialize in?

We specialize in owner-operated, founder-led trades and service businesses including HVAC, plumbing, electrical, roofing, construction, metal fabrication, landscaping, commercial cleaning, pest control, dental practices, medical practices, equipment rental, and staffing/recruiting firms. Our typical clients have revenues between $2M-$50M and enterprise values of $1M-$50M.

What is the 7-Step Lion Selling Process?

The 7-Step Lion Selling Process includes: (1) Valuation & Readiness Review using advanced models, (2) Preparation & Packaging with secure data rooms, (3) Buyer Targeting & Marketing with qualified prospects, (4) Negotiation & Due Diligence management, (5) Closing & Transition support. Every stage blends data-driven insights with hands-on advisory support to keep you informed and in control.

Do you work with buyers or just sellers?

While we primarily focus on seller representation (98% of our engagements), we also provide buyer representation services for qualified purchasers. We maintain an extensive buyer network reaching virtually 100% of business buyers through strategic marketing channels including BizBuySell, Axial, LoopNet, and direct outreach.

What are your fees for selling a business?

Our success fees follow the Modern Lehman formula structure, with an upfront administrative fee of $7,500-$20,000 covering valuation, preparation, and marketing. We compete on service quality and marketing expertise rather than fees, ensuring you receive comprehensive support throughout the entire transaction.

Industry Insight Report: Law Firms Q2-2025

The legal services industry held steady in Q2 2025, but national political developments have caused significant disruption at the top end of the market. Several major law firms were entangled in federal executive orders, prompting new conversations about firm independence, client representation, and risk mitigation. Meanwhile, most small and mid-sized firms continue to navigate rising wages, flat employment growth, and increased pressure to adopt AI-driven efficiency tools. In Texas, local law firms are also grappling with market fragmentation, client rate sensitivity, and the challenge of balancing profitability with talent retention.

Key Trends Affecting Law Firm Owners

Political Uncertainty Reaches the Legal Industry
Federal judges recently struck down executive orders that targeted large national firms involved in politically sensitive cases. These rulings marked a rare federal rebuke of attempts to influence legal representation through administrative action. While this may seem removed from the Main Street legal practice, it highlights the growing reputational and regulatory risks that can affect firm valuations and long-term stability, especially for firms with government contracts or politically exposed clientele.

Flat Employment, Rising Compensation
Employment at U.S. law offices was unchanged year-over-year in April, continuing a trend of flat headcount growth. However, average hourly wages rose 2.3% to $49.91, reflecting ongoing wage pressure in a competitive labor market. Over the past three years, wages for non-supervisory legal employees have grown 13.5%, nearly matching overall private sector wage growth. In our conversations with firm owners, compensation is increasingly the limiting factor in expansion and profitability.

Valuations and Deal Flow
Buy-side interest remains strongest for niche firms with recurring corporate clients, strong billing systems, and a stable bench of associate talent. On the Lion Business Advisors side, we’re seeing limited M&A activity in the legal space—but increasing inquiries from solo and boutique firm owners nearing retirement who are exploring succession, merger, or internal buyout options.

Looking Ahead

While growth is expected to continue at a modest 3.43% annual rate through 2029, it will likely lag the broader economy. Firms that embrace operational efficiency, especially through legal tech and client experience enhancements, will be best positioned for sustainable profitability and future transition.

Whether you’re considering an internal succession plan or an external sale, now is a smart time to benchmark your firm’s value and identify your most transferable assets.

Wondering what your law firm is worth today? 👉 Get Your Sellability Score

Lion Business Advisors’ quarterly industry insights incorporate data and trends sourced from internal deal flow and buyer activity, Vertical IQ, and market comparables from platforms such as Axial and BVR (Business Valuation Resources).

Industry Insight Report: Law Firms Q2-2025

Key Trends Affecting Law Firm Owners

Looking Ahead

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