PRACTICE & HOME/OFFICE - NORTHSIDE -
Location : Northside Brisbane
Price : $1,350,000 Includes Freehold Office & Home
Gross Fees: $650,000 p/a
Description: General practice established under this name in the local area for 34 years. Seller is now ready to retire. The practice and freehold home/office are offered as a package with the practice occupying a purpose built office suite on the ground level and the four bedroom residence above. Work includes Conveyancing, Wills and Estates, Commercial, Family, Crime, Leases etc. Annual gross fees have increased slightly year on year with the range typically around $600k - $650k. Three years average profits of $285,000 (PEBIT). This is an excellent opportunity for someone re-locating to Qld or upgrading from an employed position to secure a practice and home in one.
GENERAL PRACTICE SOUTH BURNETT REGION
Location : SOUTH BURNETT REGION
Price : $125,000 Plus WIP
Gross Fees: $900,000 p/a
Description: General practice located in a vibrant corner of South East Qld. The area has a thriving farming and tourism based economy with many wineries and other attractions at hand. Excellent opportunity for a lifestyle change at an amazing price! The sellers have been established for almost 20 years and are now ready for retirement. The work is mainly Wills and Estates and Conveyancing with some Family Law and other matters.
GOLD COAST - NORTHERN END
Location : GOLD COAST
Ref#: GCN 01
Price : $326,000 Plus WIP
Gross Fees: $730,000 p/a
Description: Established over 40 years, the Principal is now ready for retirement. The practice is well located at the Northern end of the Gold Coast strip in a strong commercial area and handy to the Courts. The work is mainly Family Law with some Litigation, Wills and Estates and Personal Injury. Gross fees are typically in the range of $730,000 to $1,000,000 with a 2019 profit (PEBIT) of $272,000. The Seller is prepared to assist the Buyer with a smooth transition of the goodwill of the practice.
GENERAL PRACTICE - NORTHSIDE + Freehold (Optional)
Location : BRISBANE NORTHERN SUBURBS
Price : $150,000 + Freehold (Optional) $240,000
Gross Fees: $530,000 p/a
Description: This is a long-established Law firm, part of which is now being offered for sale for the purpose of retirement. The work consists of Conveyancing, Wills & Estates and Powers of Attorney, Commercial, Family etc. Gross fee range is $530k to $580k with a three year average profit (PEBIT) of $203,000.
GENERAL PRACTICE IN LOGAN CITY
Location : LOGAN CITY
Price : $85,000 Plus WIP
Gross Fees: $535,000 p/a
Description: Long established (47 years) general practice located close to Courts and CBD at Beenleigh. Work includes Family Law, Conveyancing, Wills and Estates, Personal Injury, some Crime etc. The practice has traded for the past few years in the range of $474,000 to $535,000 in gross fees with a profit of around $103,000 (PEBIT). The firm has compiled a substantial Client database and a significant number of Safe Custody packets, including 1,500 Wills. The Client base would be useful for a new practitioner or a firm seeking to expand into the Brisbane/Gold Coast corridor. The Sellers are ready to retire but will remain for a period after the sale, if required, to assist in the smooth transition of the client base and goodwill of the practice. If the Buyer does not wish to purchase the P.I. component of the business the Sellers are prepared to separate those files from the sale and adjust the price accordingly.
FAMILY LAW - BRISBANE NORTHSIDE
Location : BRISBANE NORTHSIDE
Price : $199,500 Plus WIP
Gross Fees: $680,000 p/a
Description: The firm was established 26 years ago by the current Principal who is now seeking to retire. This is a specialist practice with approx. 95% of fees generated from Family Law and the remaining 5% from Wills and Estates. Gross fees for the 2019 financial year were $689,000 with a profit (PEBIT) to the working Principal of approximately $252,000.
GENERAL PRACTICE - GOLD COAST
Location : GOLD COAST
Ref#: LAW GC02
Price : $250,000 Plus WIP
Gross Fees: $900,000 p/a
Description: Gold Coast General Practice established for nine years with the Principal now ready to transition towards retirement. The work includes Conveyancing, Commercial Law, Family, Wills & Estates etc. Gross fees are in a range of $860k - $900k per annum with a 2018 profit of $235,000.
Location : BRISBANE - THREE LOCATIONS
Price : $197,000
Gross Fees: $890,000 p/a
Description: This is a well established and respected Family Law practice and is now being offered for sale for the purpose of retirement. The work is predominantly Family Law with some Wills and Estates and Mediation. The practice employs two solicitors as well as the Principal and two support staff. Gross fees for 2018 were $891,000 with a profit of $196,695 (PEBIT). The seller is prepared to assist in a seamless transition of the business to retain the goodwill and existing clients for the buyer.
Location : BRISBANE SOUTHSIDE
Price : $275,000 Plus WIP
Gross Fees: $880,000 p/a
Description: This is a long-established and respected general practice and is now being offered for sale for the purpose of retirement. The work is a mix of Residential and Commercial Conveyancing, Wills & Estates, Family Law and Commercial Law. Gross fees for 2018 were $885,000 with a profit of $204,000 (PEBIT). The sellers are prepared to assist in a seamless transition of the business to retain the goodwill and existing clients for the buyer.
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.