Eminent Melbourne-Based Law Firm for Sale

4 weeks ago


Melbourne, Victoria, Australia Gatehouse Legal Recruitment Full time

Sold: A Rare Chance to Acquire a Thriving Legal Practice

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Background:

This esteemed law firm has been successfully operating in the Inner Melbourne Bayside area for nearly four decades.

With minimal competition in its local market, the firm is situated in a prominent location, making it an attractive proposition for potential buyers.

The practice focuses on several key areas, including:

  • Commercial litigation and dispute resolution
  • Property and conveyancing services for domestic, commercial, and alpine properties
  • Contract law expertise
  • Business sales and purchases
  • Wills, probate, and estate planning services
  • Commercial leasing

The firm boasts a team of six employees, comprising a Principal, a Lawyer, two Conveyancers (one full-time and one part-time), a Legal Secretary, and an Office Manager/General & Trust Account Bookkeeper.

The Principal is motivated to sell as part of their succession and retirement plans, offering the opportunity for a smooth transition and potential future collaboration.

Earnings have been impressive:

Total Income:
$759,543 (2021)
$638,932 (2020)
$553,064 (2019)

Please note that these figures include COVID-19 grants and JobKeeper payments.

New file openings have consistently been strong:

Number of New Files Opened:
557 (2021)
505 (2020)
525 (2019)

A competitive price is available upon request.

For a confidential discussion, please contact John Castello at 0407 112 612.



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