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Boutique Law Firm for Sale in CBD Melbourne

1 month ago


Melbourne, Victoria, Australia Gatehouse Legal Recruitment Full time

Sold

Located in the heart of Melbourne's CBD, this established legal practice has been serving its community for over 20 years.

The firm’s two partners are now looking to transition their business as part of their succession plans towards retirement. They are committed to ensuring a seamless handover and are happy to continue working on post-handover arrangements to assist with any transition needs.

The practice boasts a team of two full-time and three part-time legal support staff, providing a collaborative and dynamic work environment.

In terms of work split, the last three financial years have seen a predominantly focus on Wills & Estates, Mortgages and Securities, and Conveyancing.

The areas of law covered by the practice include:

  • Conveyancing & Property
  • Estate Planning and Wills
  • Probate/ Administration of Estates
  • Commercial Contracts
  • Mortgage and Security work
  • Sales and Purchases of Businesses
  • Leasing of Property
  • Powers of Attorney

We estimate that the annual revenue of this practice is in the range of $833,588 to $890,084, based on historical data. With an average number of new files opened each year being around 646, this presents a valuable opportunity for the right buyer to take control of a thriving business.

The asking price for this exceptional opportunity is available upon application. If you’re interested in taking the reins of this successful law firm, we encourage you to contact us today to discuss further details.