Location:
Brisbane City 4000 > Brisbane - Greater > Queensland
Investment level:
$499,000
Type:
Business
Industry:
Commercial Services > Business services
Established for years, this conveyancing firm is mostly staff managed, having both a Solicitor and practice manager in place, in addition to its greater team.
This Principal solicitor owner remains largely absent from the day-to-day operations, leaving this firm and its billable tasks to capable and extremely experienced staff. This owner’s decision to transfer this firm to another Principal solicitor or existing legal firm, is due to owning two businesses, the other being a larger and unrelated industry business, which commands more time and focus. This owner knows that the new owner of this legal firm would support the organic growth of this brand, as this business is transferring a high-volume clientele and transaction base. An existing firm would do well to ‘bolt’ this operation on, enjoying a billing growth of 29.90% (approx.) in 25/26. This legal business remains scalable, under the direction of the right Solicitor or law firm. A high net income and investment return is on offer and this business, and team are ready for their new owner.
• This owner knows that having two ‘masters’ has proven distracting, although the team within this legal conveyancing firm are expert and highly experienced at generating on-going fees from property sales, purchases and transfers. There remains ample options to continue expanding this operation, i.e. expanding by offering wills and estates etc. Even add more paralegal conveyancers or solicitors, as the current team collectively generates ample income, mostly working autonomously.
• This is all thanks to this team having a combined experience of more than half a century, with the reputation and vast industry experience allowing team members to receive fees reflective of their skills and reputation, able to control their own workflow. This business has grown fast and organically, based upon a high volume of inbound and referred business, from a diversity of sources.
This ‘plump with potential’ and offering an already high net income yield, this return on investment will certainly please its new Solicitor or legal firm. Being set to add even more profits to its bottom line. Just wait until you receive your detailed business profile and financial package to see for yourself just how effective and how high this net income truly is.
All this is now available for transfer to a Solicitor or an existing law firm for just $499K WIWO, yes being this equitable, due to a genuine and motivated owner!
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