Location : BRISBANE\'S NORTHERN SUBURBS
Price : $245,000 Plus WIP
Gross Fees: $1,000,000 p/a
Description: This is a well-established General Practice located on the Northside of Brisbane. The work is a mix of Residential and Commercial Conveyancing, Wills & Estates, Family Law and other general work. Gross fees average approximately $1,000,000 per annum with a net profit (PEBIT) for 2018 of $214,000. The seller wishes to retire but will remain long enough to ensure a smooth transition of the client base and goodwill of the practice.
FAMILY LAW - BRISBANE CBD AND SOUTHSIDE
Location : BRISBANE CBD AND SOUTHSIDE
Ref#: LAW 12
Price : $440,000 Plus WIP
Gross Fees: $1,049,986 p/a
Description: This is a well-established and respected family law practice operating from 2 locations, including an office in the Brisbane CBD. The work is Family Law and Wills and EPAs. There is no Legal Aid work. Gross fees are typically in the range of $960k to $1.15 million. The 2018 financial year was $1,049,986k gross for a nett profit of approximately $420k. The seller wishes to retire but will remain long enough to ensure a smooth transition of the client base and goodwill of the practice to the buyer.
CENTRAL SUNSHINE COAST
Location : SUNSHINE COAST - EXCELLENT MAIN RD EXPOSURE
Ref#: LAW SC01
Price : $495,000 Plus WIP - Freehold Option Available
Gross Fees: $870,000 p/a
Description: Centrally located on the Sunshine Coast and in a high profile main road position with easy parking. The practice has been established a total of approximately 22 years and covers a range of work including Family Law, Wills and Estates, Commercial Litigation, Business, Property and Conveyancing and Administrative Law. The practice is now offered for sale for the purpose of retirement. Gross fees for 2018 were circa $870,000. The profit (PEBIT) for 2018 was approx. $449,000. The office is available for either a lease or freehold acquisition at the Buyer\'s discretion.
LAW PRACTICE - WESTERN SUBURBS
Location : WESTERN SUBURBS
Price : $70,000 Inclusive of WIP
Gross Fees: $388,000 p/a
Description: Western Suburbs practice established since 1999 by the current Principal. The mix of fees includes Residential Conveyancing, Family Law, Wills and Estates and Enduring Powers of Attorney, Business Leasing etc. The Practice grossed approx $388,000 during the 2018 financial year. Most of the work is performed by the employed solicitor and conveyancer. The Principal states that the profit of the practice could be substantially improved if the buyer chose to take on more of the file workload and reduced the existing wage costs.
TOOWOOMBA LAW FIRM FOR SALE
Location : TOOWOOMBA
Price : $230,000 Plus WIP
Gross Fees: $600,000 p/a
Description: The firm was established approx. 20 years ago by the current Principal who is now seeking to retire. The mix of work includes Wills and Estates, Conveyancing, Commercial, Family, Litigation and other general work. Gross fees are in the range of $500k to $600k per annum with a three year averaged profit (PEBIT) of circa $194k. A suitable hand over period will be provided to assist with the smooth transition of the client base.
COUNTRY PRACTICE - SOUTH EAST CORNER OF QLD
Location : COUNTRY TOWN - QLD SOUTH EAST - 1 HOUR FROM BRISBANE COURTS
Price : $185,000
Gross Fees: $580,000 p/a
Description: Well established country practice just one hour from all the main law courts. The business was established by the current Principal who now wishes to retire. Work is primarily Family Law, Conveyancing, Wills and Estates and some other miscellaneous matters. The practice employs the Principal as well as several experienced support staff. Gross fees for 2018 over $580k with a profit (PEBIT) of approx $178,000. The Seller is prepared to remain for some time after the sale to assist in the smooth transition of the clients and goodwill to the buyer.
TROPICAL NORTH QUEENSLAND
Location : TROPICAL NORTH QUEENSLAND
Ref#: LAW G01
Price : $288,000 Plus WIP
Gross Fees: $768,000 p/a
Description: General Practice in Queensland\'s Tropical North. Established nine years and dealing in the areas of Commercial Law, Litigation, Family, Conveyancing and Wills and Estates. The gross fees for the 2018 financial year were just over $768,000 with a profit of approximately $288,000 (PEBIT) The practice employs the Principal, two Solicitors, a Conveyancer and two support staff.
OUTBACK QLD PRACTICE + FREEHOLD
Location : FAR WESTERN QUEENSLAND
Ref#: LAW PW001
Price : $170,000 Plus WIP - Freehold: $150,000 + GST
Gross Fees: $670,000 p/a
Description: This practice is located in a thriving outback town and deals in both law and tax accountancy. The legal work is comprised of approximately 30% Conveyancing, 30% Estates, 15% Family Law and the balance is made up of some crime, debt collection, minor litigation etc. The tax accountancy portion of the business is operated by the two employed accountants and can be sold separately if the buyer wishes to just purchase the law practice.
LAW PRACTICE - BRISBANE CITY FRINGE
Location : BRISBANE CITY FRINGE
Ref#: LAW 14
Price : $600,000 Plus WIP
Gross Fees: $1,455,000 p/a
Description: City fringe practice established 40 years. Gross fees for the 2018 financial year were $1,455,000 with an adjusted nett profit (PEBIT) of approx $587,177. Work is General Practice mix of Commercial, Family, Conveyancing, Wills and Estates etc. The seller is prepared to remain for a period if required.
LAW PRACTICE - FAR NORTH QLD
Location : FAR NORTH QLD
Ref#: LAW 015
Price : $190,000 plus WIP
Gross Fees: $770,000 p/a
Description: North Qld practice established in 1981. Work mix is Conveyancing, Personal Injury, Wills and Estates, Family Law, and Criminal Law. Two partners and two employed solicitors, one conveyancer and three admin staff in place. One Partner is ready to retire, the second Partner is prepared to consider remaining at the practice in some capacity if required to do so.