SOLD!!!
This long established successful legal practice began over 30 years ago and is located in the South Eastern suburbs of Victoria in a prominent high visibility location in a main busy street.
The firm also has a branch office located around 30 minutes away from its main office in Melbourne’s outer Eastern Suburbs, so as to capture 2 markets, however the majority of its revenue is generated from its South Eastern Office location.
The affable sole Principal of this firm has been the sole owner for over 30 years and is now looking to retire and is happy to continue working and remain on post-handover to assist with any transition arrangements.
The practice has 2 full time support staff and 2 part-time legal support staff.
The firm uses LEAP and MYOB Software.
The work split of the practice is as follows (estimated):
- Conveyancing (40%)
- Wills & Estates & Probate (25%)
- Family Law (25%)
- Other Areas of Law (10%)
The firm has the potential to grow even further, as it is located in one of Melbourne’s largest growth areas and has been generating excellent revenue and profit without any online marketing, simply via word of mouth referrals, some advertising in local papers and some local sponsorships, and so someone could easily add value to the practice and take it to the next level.
Professional Fees/Total Income (ex gst):
2016/2017: $1,126,582
2015/2016: $902,445
Number of New Files opened:
2017: 925 Files
2016: 802 Files
2015: 794 Files
Number of Wills/Deeds (approximately):
12,750
Price: Price on application.
Contact
To apply online, please apply using the form below.
Alternatively, for a confidential discussion, please contact John Castello on 0407 112 612 or email john@gatehouselegal.com.au
