Small Law Firm Acquisition Opportunity in South East

2 weeks ago


Melbourne, Victoria, Australia Gatehouse Legal Recruitment Full time

About the Practice

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The practice is an established law firm located in the south east region. It has been servicing its clients from a home office, which means there are no lease commitments.

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Why This Opportunity?

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This is an ideal opportunity for an existing lawyer looking to expand their practice without the need for staff. The sole principal of this firm is now pursuing other interests and is looking to sell the practice.

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Sales Figures

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The sales figures over the past few years have shown steady growth with a total income (ex gst) of $237,406 in 2016, $286,224 in 2015, and $351,987 in 2014. The partners' earnings were $141,928 in 2016, $105,648 in 2015, and $55,365 in 2014.

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New Files Opened

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The number of new files opened has also been steadily increasing with 225 files opened in 2017, 216 in 2016, 215 in 2015, and 275 in 2014.

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Pricing

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The price of the practice is on application.

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Contact Information

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To learn more about this opportunity, please contact John Castello at Gatehouse Legal Recruitment.

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Earnings Potential

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With the estimated annual revenue of $300,000, you can expect a salary range of $120,000 - $180,000 depending on your level of experience and negotiation skills.



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