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.
LAW PRACTICE - WESTERN SUBURBS
Location : WESTERN SUBURBS
Ref#: SL01
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
Ref#: TO1
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.
GOLD COAST LAW FIRM
Location : SOUTHERN END OF GOLD COAST
Ref#: CG01
Price : $60,000
Gross Fees: $300,000 p/a
Description: The firm was established 21 years ago by the current Principal who is now seeking to retire. The mix of fees include Wills, Estate Administration, POA, Conveyancing, Commercial, Leasing, and other general work. Gross fees circa $300,000 per annum. A suitable hand over period will be provided to assist with the smooth transition of the client base.
CONVEYANCING 100% - SOUTHERN END OF GOLD COAST
Location : SOUTHERN END OF THE GOLD COAST
Ref#: CONV01
Price : $95,000 Plus WIP
Gross Fees: $400,000 p/a
Description: Conveyancing business for sale at the Southern end of the Gold Coast. Established 14 years. Owner wishes to retire. Highly experienced staff in place. Averages 28 settlements per month and would make an excellent addition to an existing practice. Gross fees circa $400k for a profit of around $75k
SUNSHINE COAST
Location : CENTRAL SUNSHINE COAST
Ref#: SOLD
Price : $550,000 Plus WIP
Gross Fees: $1,300,000 p/a
Description: This is a well-established and respected property-based practice located in the thriving and picturesque Central Sunshine Coast. The work is a mix of Residential and Commercial Conveyancing, Leasing, Wills & Estates and other Commercial work. The seller is willing to remain long enough to ensure a smooth transition of the client base and goodwill of the practice to the buyer. Gross fees are over $1.3 million per annum with a profit (PEBIT) in 2017 of approx. $500k
LAW PRACTICE - SOUTHSIDE
Location : BRISBANE - SOUTHSIDE
Ref#: SOLD
Price : $295,000
Gross Fees: $900,000 p/a
Description: General Practice established over 30 years. Selling now for the purpose of retirement. The work is a mix of Wills & Estates, Family, Residential & Commercial Conveyancing and Commercial Law. Gross fees for 2017 were approx $900,000 for a profit (PEBIT) of $244,000.
LAW PRACTICE - NORTH COAST REGIONAL CITY
Location : North Coast Regional City
Ref#: LAW G01
Price : $110,000 Plus WIP
Gross Fees: $275,000 p/a
Description: Long established and respected name in a regional city. Excellent first practice or add-on to a local firm. The seller operates approx 3 days per week in a low cost serviced office environment with no staff. The work consists of Estate Planning & Administration, Commercial, Local Government and Litigation. The seller states that Conveyancing and Family Law enquiries are regularly referred away and this would represent an excellent growth opportunity for the practice if the buyer chose to expand the scope of work performed. Gross fees in 2016 were $275,000 with a profit (PEBIT) of $207,000
LAW PRACTICE - GOLD COAST
Location : Gold Coast
Ref#: LAW TH01
Price : $175,000 Plus WIP
Gross Fees: $500,000 p/a
Description: Gold Coast practice established in 1998 and dealing in Family Law, Wills and Estates as well as Domestic and Commercial Conveyancing. The practice employs the Principal as well as one full time Solicitor and support staff. The seller is prepared to remain for a reasonable hand over period to assist in the transfer of the goodwill and has expressed a willingness to remain involved in the practice post sale if required by the buyer. Gross fees are in the $500,000 range with a profit in 2017 of approx $140,000.
LAW PRACTICE - BRISBANE NORTHSIDE
Location : BRISBANE - NORTHSIDE
Ref#: SOLD
Price : $235,000 Plus WIP
Gross Fees: $730,000 p/a
Description: Northside law practice established 1997. Current owner since 2009, now retiring. The work consists of Conveyancing, Family Law, Business & Commercial, Litigation and Wills & Estates. Gross fees have grown consistently year on year with the 2017 financial year finishing at $730,000. The three year average profit is $185,086 with the 2017 financial year profit (PEBIT) at approx $236,000.