OUTBACK QLD PRACTICE + TAX AGENCY = FREEHOLD
Ref#: LAW PW001
Location: FAR WESTERN QUEENSLAND
Price: $170,000 Plus WIP - Freehold: $150,000 + GST
Gross Fess: $670,000 p/a
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. The freehold is also available for sale at $150,000 plus GST at the buyer\'s discretion. The gross fees of $672,000 for the 2016 financial year showed a profit of approximately $148,000.