Eminent Melbourne-Based Law Firm for Sale
4 weeks ago
Sold: A Rare Chance to Acquire a Thriving Legal Practice
">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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