GOLD COAST - GENERAL PRACTICE

Ref#: GC04

Location: Gold Coast

Price: $198,500 Plus WIP (Freehold available if required)

Gross Fees: $700,000 p/a

Gold Coast General Practice established over 35 years, 10 years with the current owner who is now seeking to retire. Work includes Family, Wills and Estates, Conveyancing, Commercial, Business Leases and Litigation. There is no Legal Aid work performed. The practice employs the Principal, 3 solicitors and two Clerks. Gross fees for the 2020 financial year were approx $700,000 with a profit (PEBIT) of approx $320,000. The seller is prepared to offer a lease to the buyer or the opportunity to purchase the freehold if that is preferred.
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