Practices For Sale | Peter Davison

LAW PRACTICE - BRISBANE CITY FRINGE

Ref#: LAW 14

Location: BRISBANE CITY FRINGE

Price: $600,000 Plus WIP

Gross Fees: $1,455,000 p/a

City fringe practice established 40 years. Gross fees for the 2018 financial year were $1,455,000 with an adjusted nett profit (PEBIT) of approx $587,177. Work is General Practice mix of Commercial, Family, Conveyancing, Wills and Estates etc. The seller is prepared to remain for a period if required.

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Testimonials

Over the period of months from listing to sale of my Family Law practice I was very appreciative of Peter's helpful advice all along the way and particularly when difficult decisions had to be made quickly. Peter's experience was clearly evident from the beginning in guiding the negotiations. He has the ability to do so without intruding in vital direct information exchange between Buyer and Seller. I was extremely happy with the outcome which I believe was the very best in all circumstances.
—Nita Stratton-Funk, NSF Solicitors
"Peter is knowledgeable in the running of legal firms, business in general and marketing and therefore a seller can totally rely on him to guide them through the intricate process of selling their law firm in a most professional manner. From a "thoroughly happy seller!"
—Patricia Olsen
“Peter supported me throughout a tortuous fifteen month process involving several disappointments along the way. He was grounded, supportive and diligent in following up with prospective purchasers. His great value to me was in setting an attainable and favourable price and convincing buyers that the market would support such a price, despite the advice that Buyers were apparently receiving from their Accountants.” Thanks again and kind regards Jon Hulett
—Jon Hulett
I found Peter's logical analysis of the value of a law practice to be of enormous assistance in establishing an appropriate benchmark for sale and/or joint-venture (a new partner). His long-term experience as a business owner means he understands what the issues in small business are all about. His knowledge and experience is invaluable. Moreover, he is in it (and has been in it) for the long haul, so if it takes time to find what you want -or time to find a purchaser, he is there for you.
—John Bottoms
I just wanted to personally thank you for the great service you have provided. You score top marks for your continued efforts and determination to sell the practice, despite having some dubious buyers to contend with along the way. I think a lot of brokers would have given up long ago.
—Karen Hensler
Peter Davison at Lawbrokers recently assisted me in a complex and substantial transaction. I found his advice and guidance through some of the convoluted aspects of the deal to be invaluable and thank him for the benefit of his experience and insight. I would have no hesitation in recommending him to anyone looking for expert and friendly advice in the sale or purchase of a law firm.
—Daniel Chang