GENERAL PRACTICE IN LOGAN CITY
Location : LOGAN CITY
Ref#: LO01
Price : $85,000 Plus WIP
Gross Fees: $470,000 p/a
Description: General practice located close to Courts and CBD in Logan City. 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 $450,000 to $500,000 in gross fees with a profit of around $80,000 (PEBIT). 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.
GENERAL PRACTICE SOUTH BURNETT REGION
Location : SOUTH BURNETT REGION
Ref#: SB01
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 - PRICED TO SELL FOR RETIREMENT!
Location : CENTRAL GOLD COAST
Ref#: LRL 01
Price : $89,000 Plus WIP
Gross Fees: $400,000 p/a
Description: The practice has been established since 2008 and is now being offered for sale for the purpose of retirement. It is predominantly a Family Law practice with some Commercial Litigation and Wills and Estates work. Gross fees are in a range of $400k to $450k per annum and the profit (PEBIT) for the 2018 financial year was approx $185,000. The projected profit for the 2019 financial year is approx $130,000 due to the Principal reducing his workload in preparation for retirement.
FAMILY LAW - BRISBANE INNER NORTHSIDE
Location : BRISBANE INNER NORTHSIDE
Ref#: BNF-01
Price : $250,000 Plus WIP
Gross Fees: $700,000 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.
GOLD COAST - NORTHERN END
Location : GOLD COAST
Ref#: GCN 01
Price : $415,000 Plus WIP
Gross Fees: $850,000 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 $800,000 to $1,000,000 with a three year average profit (PEBIT) of $354,000. The Seller is prepared to assist the Buyer with a smooth transition of the goodwill of the practice.
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.
FAMILY LAW
Location : BRISBANE - THREE LOCATIONS
Ref#: FL01
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.
BRISBANE SOUTHSIDE
Location : BRISBANE SOUTHSIDE
Ref#: MG01
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.
BRISBANE CBD PRACTICE
Location : BRISBANE CBD
Ref#: CBD01
Price : $1,050,000 Plus WIP
Gross Fees: $2,750,000 p/a
Description: Well established Brisbane CBD firm with gross fees in the range of $2,750,000 per annum with a profit (PEBIT) of around $640,000. The practice employs several solicitors and the work is a mix of Commercial, Property and Litigation. There is a short lease period remaining which gives the buyer the option of either a new lease or re-location of the practice. The Partners are prepared to offer all assistance in the transition period and beyond, as required by 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.