FY2024 Turnover of $1.1 million
Business ID: XB141835
An exceptional opportunity has arisen to acquire a well-established boutique legal practice in the Greater Melbourne area as the existing Principal is ready to retire. Known for its personalised, high-quality legal services, this practice offers a diverse range of services, including Personal Injury, Wills & Probate, Conveyancing, Family Law, and TPD & Insurance.
With over three decades of trusted legal services, the firm is recognized for its client-focused approach, ensuring that each client receives attentive and effective representation.
Highlights:
- Turnover FY2024 $1.1mil with approximate value of WIP at $1.1mil.
- 327 new files were opened in FY2024
- Clients are mostly small to medium-sized businesses and individuals
- The Deed register holds 350 Wills
- Practice uses LEAP software with AI capabilities
- Knowledgeable and experienced team
- Leased office of 350 sqm with good access to public transport and parking, with flexibility for new owner to continue at existing site (subject to new lease) or relocate
- Opportunities for further expansion through increased marketing and staffing, currently not pursued due to the principal's pending retirement.
The principal is available for a consultancy role post-sale to ensure a smooth transition of clients and operations.
This sale offers a great opportunity to acquire an established legal practice with a proven track record. The existing WIP provides immediate revenue potential and a solid foundation for future growth.
ASKING PRICE: $345,000 plus agreed WIP.
Property Code: 4147
