Established Law Practice Acquisition Opportunity in South East Region
1 day ago
About the Opportunity
We are seeking a dedicated and ambitious lawyer to acquire an established law practice in the south east region, offering a unique opportunity for growth and success.
The sole Principal of this firm has decided to pursue other interests, creating an ideal scenario for a motivated individual to take over and expand the business.
This law practice boasts a strong client base, with no lease commitments, providing flexibility and freedom to operate from a home office or existing premises.
Salary and Income Potential
The practice has demonstrated a stable income stream, with Professional Fees/Total Income (excluding GST) totaling $237,406 in 2016, $286,224 in 2015, and $351,987 in 2014.
Partners' Earnings have also shown a steady increase, reaching $141,928 in 2016, $105,648 in 2015, and $55,365 in 2014.
Growth Opportunities
The practice has maintained a consistent level of new files opened, with 225 files in 2017, 216 files in 2016, 215 files in 2015, and 275 files in 2014, indicating a stable client base and opportunities for further growth.
Purchase Opportunity
The asking price for this law practice is available upon application.
Contact Information
To express interest in this acquisition opportunity, please contact John Castello on 0407 112 612 for a confidential discussion.
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