Established Law Firm for Sale in Melbourne

3 weeks ago


Melbourne, Victoria, Australia Gatehouse Legal Recruitment Full time
Established Law Firm for Sale in Melbourne

This long-established and successful legal practice has been serving the community for over 30 years. Located in a prominent high-visibility location in a main busy street in Melbourne's South Eastern suburbs, the firm has a strong reputation for providing excellent legal services.

The firm has a branch office located around 30 minutes away from its main office in Melbourne's outer Eastern Suburbs, allowing it to capture two markets and generate revenue from both locations.

The affable sole Principal of this firm has been the sole owner for over 30 years and is now looking to retire. The firm has a team of 2 full-time support staff and 2 part-time legal support staff, who are committed to ensuring a smooth transition.

The firm uses LEAP and MYOB Software, making it an attractive opportunity for a buyer looking to take over a well-established practice with a strong client base.

Key Highlights:

  • Established practice with over 30 years of history
  • Strong reputation in the community
  • Two locations in Melbourne's South Eastern and Eastern suburbs
  • Team of experienced support staff
  • Use of LEAP and MYOB Software

Financial Performance:

The firm has generated excellent revenue and profit without any online marketing, relying on word of mouth referrals, local advertising, and sponsorships. The financial performance is as follows:

  • Professional Fees/Total Income (ex gst): $1,126,582 (2016/2017), $902,445 (2015/2016)
  • Number of New Files opened: 925 (2017), 802 (2016), 794 (2015)
  • Number of Wills/Deeds: approximately 12,750

Contact:

For a confidential discussion, please contact John Castello on 0407 112 612 or email john@gatehouselegal.com.au



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