Ref#: LO01

Location: LOGAN CITY

Price: $85,000 Plus WIP

Gross Fees: $535,000 p/a

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.
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