Established Law Firm for Sale in Melbourne Bayside

1 month ago


Melbourne, Victoria, Australia Gatehouse Legal Recruitment Full time

Sale of a well-established law firm in the sought-after Inner Melbourne Bayside area is now available.

Background:

This legal practice has been successfully operating for almost 40 years, offering a unique opportunity for a new owner to take over and build on its reputation.

The firm's location in a prominent main street strip shopping/activity centre provides an excellent presence and accessibility for clients.

Services Offered:

  • Commercial litigation and dispute resolution services
  • Property and conveyancing expertise for domestic, commercial, and alpine transactions
  • Contract law advice
  • Business sale and purchase consulting
  • Wills, probate, and estate planning guidance
  • Commercial leasing assistance

The team consists of 6 employees, including the Principal, who are dedicated to providing high-quality services to clients. The Principal is committed to a smooth transition and is willing to stay on for a period after settlement to ensure a seamless handover.

Financial Performance:

Total income includes covid grants and jobkeeper payments, reaching $759,543 in 2021, $638,932 in 2020, and $553,064 in 2019. Notably, the number of new files opened was 557 in 2021, 505 in 2020, and 525 in 2019.

Asking Price:

The asking price will be determined by negotiation, and interested parties are encouraged to make an offer.

Contact Information:

To express interest or discuss further, please contact John Castello at Gatehouse Legal Recruitment.



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