Successful Legal Practice for Sale in Melbourne's Inner Bayside Area

7 days ago


Melbourne, Victoria, Australia Gatehouse Legal Recruitment Full time

Sold

Overview

A rare opportunity has arisen to acquire a well-established law firm situated in the heart of Melbourne's inner bayside area. With almost 40 years of successful operation, this firm boasts a strong reputation and an enviable client base.

The business operates from a prime location in a bustling main street shopping/activity centre, providing excellent exposure and accessibility. Its unique position offers minimal competition, allowing the new owner to capitalise on a significant market share.

Practice Areas

The firm excels in various practice areas, including:

  • Commercial Litigation and Dispute Resolution
  • Property and Conveyancing (Domestic, Commercial, and Alpine)
  • Contract Law
  • Sale/Purchase of Businesses
  • Wills, Probate, and Estate Planning
  • Commercial Leasing

Team

The firm is led by the Principal, who is committed to ensuring a seamless transition. The team comprises six dedicated professionals, including one Lawyer, one full-time Conveyancer, one part-time Conveyancer, one Legal Secretary, and one full-time Office Manager/General & Trust Account Bookkeeper.

Total Income

The firm enjoys a substantial income, with estimates indicating approximately $759,543* in 2021, $638,932* in 2020, and $553,064 in 2019. This figure includes COVID grants and JobKeeper payments.

New Files Opened

The firm has consistently opened a high volume of new files, with 557 in 2021, 505 in 2020, and 525 in 2019.

Pricing Information

The sale price of this exceptional opportunity is available upon application. We encourage interested parties to submit their inquiries to explore this chance to own a thriving legal practice.



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