Established Law Firm for Sale in Melbourne Bayside
1 month ago
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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