Location : CENTRAL SUNSHINE COAST
Price : $550,000 Plus WIP
Gross Fees: $1,300,000 p/a
Description: This is a well-established and respected property-based practice located in the thriving and picturesque Central Sunshine Coast. The work is a mix of Residential and Commercial Conveyancing, Leasing, Wills & Estates and other Commercial work. The seller is willing to remain long enough to ensure a smooth transition of the client base and goodwill of the practice to the buyer. Gross fees are over $1.3 million per annum with a profit (PEBIT) in 2017 of approx. $500k
FAMILY LAW - BRISBANE CBD AND SOUTHSIDE
Location : BRISBANE CBD AND SOUTHSIDE
Ref#: LAW 12
Price : $440,000 Plus WIP
Gross Fees: $1,049,986 p/a
Description: This is a well-established and respected family law practice operating from 2 locations, including an office in the Brisbane CBD. The work is Family Law and Wills and EPAs. There is no Legal Aid work. Gross fees are typically in the range of $960k to $1.15 million. The 2018 financial year was $1,049,986k gross for a nett profit of approximately $420k. The seller wishes to retire but will remain long enough to ensure a smooth transition of the client base and goodwill of the practice to the buyer.
LAW PRACTICE - SOUTHSIDE
Location : BRISBANE - SOUTHSIDE
Price : $295,000
Gross Fees: $900,000 p/a
Description: General Practice established over 30 years. Selling now for the purpose of retirement. The work is a mix of Wills & Estates, Family, Residential & Commercial Conveyancing and Commercial Law. Gross fees for 2017 were approx $900,000 for a profit (PEBIT) of $244,000.
LAW PRACTICE - NORTH COAST REGIONAL CITY
Location : North Coast Regional City
Ref#: LAW G01
Price : $110,000 Plus WIP
Gross Fees: $275,000 p/a
Description: Long established and respected name in a regional city. Excellent first practice or add-on to a local firm. The seller operates approx 3 days per week in a low cost serviced office environment with no staff. The work consists of Estate Planning & Administration, Commercial, Local Government and Litigation. The seller states that Conveyancing and Family Law enquiries are regularly referred away and this would represent an excellent growth opportunity for the practice if the buyer chose to expand the scope of work performed. Gross fees in 2016 were $275,000 with a profit (PEBIT) of $207,000
LAW PRACTICE - GOLD COAST
Location : Gold Coast
Ref#: LAW TH01
Price : $175,000 Plus WIP
Gross Fees: $500,000 p/a
Description: Gold Coast practice established in 1998 and dealing in Family Law, Wills and Estates as well as Domestic and Commercial Conveyancing. The practice employs the Principal as well as one full time Solicitor and support staff. The seller is prepared to remain for a reasonable hand over period to assist in the transfer of the goodwill and has expressed a willingness to remain involved in the practice post sale if required by the buyer. Gross fees are in the $500,000 range with a profit in 2017 of approx $140,000.
LAW PRACTICE - BRISBANE NORTHSIDE
Location : BRISBANE - NORTHSIDE
Price : $235,000 Plus WIP
Gross Fees: $730,000 p/a
Description: Northside law practice established 1997. Current owner since 2009, now retiring. The work consists of Conveyancing, Family Law, Business & Commercial, Litigation and Wills & Estates. Gross fees have grown consistently year on year with the 2017 financial year finishing at $730,000. The three year average profit is $185,086 with the 2017 financial year profit (PEBIT) at approx $236,000.
CENTRAL SUNSHINE COAST
Location : SUNSHINE COAST - EXCELLENT MAIN RD EXPOSURE
Ref#: LAW SC01
Price : $495,000 Plus WIP - Freehold Option Available
Gross Fees: $870,000 p/a
Description: Centrally located on the Sunshine Coast and in a high profile main road position with easy parking. The practice has been established a total of approximately 22 years and covers a range of work including Family Law, Wills and Estates, Commercial Litigation, Business, Property and Conveyancing and Administrative Law. The practice is now offered for sale for the purpose of retirement. Gross fees for 2018 were circa $870,000. The profit (PEBIT) for 2018 was approx. $449,000. The office is available for either a lease or freehold acquisition at the Buyer\'s discretion.
GOLD COAST - SOUTHERN END
Location : GOLD COAST - SOUTHERN END
Price : $425,000 Plus WIP
Gross Fees: $1,000,000 p/a
Description: Established in 1994, Current ownership since 2006. Work includes Wills and Estates, Commercial, Conveyancing, Commercial Litigation, Business, etc. Two employed solicitors and experienced support staff in place. Gross fees growing annually to over $1,000,000 in 2016 Profit (PEBIT) of approx $349,000. Seller is prepared to remain for an extended period if required.
NORTHERN BAYSIDE AREA OF BRISBANE
Location : NORTHERN BAYSIDE
Price : $275,000 Plus WIP
Gross Fees: $685,000 p/a
Description: Established by the current Principal in 2004. Work performed is a mix of Commercial, Conveyancing, and Wills & Estates. Seller states that there is ample scope for growth as all other work is currently referred away. Gross fees for 2016 of $685,000 with a profit (PEBIT) of approx. $245,000.
Location : MORETON SHIRE
Price : $225,000 Plus WIP
Gross Fees: $700,000 p/a
Description: Residential and Commercial Conveyancing practice located in the beautiful Moreton Shire area, just metres from the seafront. Established seven years, Principal now retiring. Gross fees for 2015 financial year were approx\' $700,000 with a profit (PEBIT) of approx $213,000. The work consists of around 75% Residential and Commercial Conveyancing, 20% Wills and Estates and 5% General Commercial.