CONVEYANCING PRACTICE - BRISBANE SOUTHSIDE

Ref#: RH01

Location: SOUTHERN SUBURBS

Price: $170,000 Plus WIP

Gross Fees: $500,000 p/a

Well established Conveyancing Practice on Brisbane\'s Southside. Gross fees for 2018 were approx $1,283,000 which comprised of $501,000 in fees and $781,000 in Disbursements. Profit for 2018 was $255,661 PEBIT. The current 2019 financial year performance has been affected by the seller\'s necessity to have time off due to health reasons. The seller states that the 2019 financial year performance is expected to result in a profit of around $170,000 PEBIT. The practice has therefore been priced at 1 times the expected 2019 PEBIT.
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