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Practices For Sale

Hampshire

Scope for expansion and development!

This is a small, local law firm composed of an inspired and welcoming team.  The firm provides an extensive service to its clients.

The practice has a bias towards Family work, Wills & Probate and Conveyancing.  In addition to privately paid work, the practice is franchised in Family Law.

Gross Income for the Year Ended 31st March 2009 was in the order of £255,000.00 with good profits.

The firm will be of interest to either an individual or an existing firm seeking additional offices and keen to acquire an established, well-managed and well-balanced clientele.

The principal offers consultancy if required on terms to be negotiated to ensure a smooth transition of goodwill.

North Cornwall

This practice is the amalgamation of three of the oldest law practices in north Cornwall.  The practice, situated in the heart of a community, has operated from its present premises since 1976.

The firm offers a broad array of legal services to existing and new clients.  The breakdown of work is as follows:

  1. Conveyancing - residential               c 47%
  2. Conveyancing - commercial              c 15%
  3. Matrimonial / Family                          c   3%
  4. Probate and Estate Administration   c 29%
  5. Other litigious work                           c   6%

Gross Income for the Year Ended 5th April 2009:  c £300,000.00

The "hands-on" approach and attention to detail has resulted in a loyal client base and it will be up to the successor to capitalise on this.  In order to secure a smooth transition of clientele, the principal avails himself as a consultant for up to two years before he eventually retires.

This is a golden opportunity for growth and development.

Warwickshire

We have been retained by this modern, forward-thinking law practice which offers a spectrum of legal services to private and commercial clients.

The practice is long established.

Gross Income is in the order of £200,000.00+.

There is scope to develop both the private and commercial sides of the firm.  The firm will suit an individual or a firm seeking additional offices or wishing to acquire a long established, well-managed practice with controlled overheads.  Under new management, the firm will be injected with fresh energy and should benefit from the existing goodwill which has stemmed from the personal and professional service offered and the vast contacts of the practice. 

Consultancy required post sale.

Leicestershire

Opportunity in Leicestershire.... Not to be missed!

We have been instructed by a two partner practice situated close to Leicester city centre.  This is an excellent opportunity to acquire a successful general practice, with bias toward Property work.

Breakdown of work per the Professional Indemnity Insurance Proposal Form is as follows:

  1. 48%   Conveyancing - residential
  2. 42%   Conveyancing - commercial
  3.   5%   Probate & estate administration
  4.   1%   Administering oaths, taking affidavits and notary public
  5.   1%   Debt collection
  6.   1%   Landlord and tenant
  7.   1%   Matrimonial/family
  8.   1%   Wills, trusts and tax planning.

Gross Income per latest Year End Accounts: c £350,000.00.  Good profits.

The practice offers excellent scope for development and expansion.

The client base is loyal and the workforce is long-standing.

The practice is easy to manage and would suit an individual or firm wishing to acquire an additional office or foothold in Leicester.

West Yorkshire

Great opportunity for the first time buyer!

We are delighted to have been retained by this general practice located on a main road in West Yorkshire.  This small practice offers high levels of personal service to its established (mainly well-to-do) clients.  Work undertaken by the practice is centered on the following fields of law: Personal Injury - Claimant only, Conveyancing, Wills & Probate, Matrimonial Law and Commercial Law.  Gross Income (for Year Ended 31st July 2008) was £300K+.

The principal feels he has taken the practice as far as he can and the time is right to hand over the reigns to a successor to drive the practice forward.  The practice would be easy to manage and there is scope for development.  The principal offers himself in the role of consultant to provide a smooth transition of ownership - terms for consultancy will be negotiated at a later time.

North Cornwall

Opportunity seldom knocks twice! 

Don’t miss out on the chance to acquire this law practice - strong bias towards Children and Family work, with Residential Conveyancing, Wills, Probate & Trust work located in the heart of a vibrant Cornish community.  G.I. £110K+.  The principal avails himself as consultant to ensure a smooth handover of clientele - flexible terms available.

The practice is well established, highly respected and easy to manage, thus making it appealing for a first-time acquirer looking to penetrate this area and capitalise on the practice's good name.  Would also suit an existing practice looking for a branch office.  There is ample scope for the successor to develop and expand the business.

Greater London Borders / Surrey

Practice with a history dating back some 15 years.

Over the years, this practice has undergone a series of mergers and demergers and now operates as a sole proprietor.  This practice has traded from its current location on the Greater London Borders / Surrey since 2002.

The practice provides non contentious legal services to commercial and private clients, concentrating on property work, Wills and Probate.  The practice is driven by the needs of its clients and focuses on being approachable and providing the highest quality service, using the latest technology.

The principal believes he has taken the practice as far as he can and at age 63 is seeking an exit for his retirement which he plans to spend living overseas.  He avails himself as a full-time consultant for a maximum of six months to ensure a smooth change in ownership.

With a positive and progressive attitude towards technology in order to streamline work whilst maximising benefit to clients, this practice stands out from the traditional "paper heavy" law office.

With or without premises - work will travel a short distance.

South West London

No premium payable for Goodwill! 

We are pleased to have been retained by this two partner "high street" general practice.  The practice has been established for over 120 years and has operated from its present premises since 2001.  The practice is based in South West London in an area which has undergone considerable gentrification in recent years.  This area of London is desirable and regarded as a trendy place to live; it is within easy commuting distance of the City whilst enjoying good rail links to Heathrow, Gatwick and the South of England.

The approximate breakdown of work type is as follows:

  1. Wills & Probate                    40%
  2. Residential Conveyancing   40%
  3. Commercial Conveyancing  15%
  4. Other                                    5%

Gross Income c £230,000.00.  Profitable.  WIP is in the order of £30K-£40K.

One of the partners avails himself as consultant on terms to be negotiated; the other partner is flexible with regards consultancy, which if taken on, would be on a short-term contract.  Both partners will agree to covenant not to practise in opposition to the successor firm.  The successor to this firm will benefit from the existing goodwill of the practice as well as the vibrancy and affluence of the neighbourhood.

Early viewing recommended!

North Yorkshire

Whilst young in years, this is an excellent opportunity to acquire an APIL accredited Personal Injury practice with good profits.

Gross Income £250,000+. 

Breakdown of work currently undertaken by the practice is as follows:

  1. Accidents at Work    40% 
  2. Occupiers Liability     30%
  3. RTA                          15%
  4. Misc                          15%

The practice is set in delightful surroundings in the heart of busy town in newly decorated, modern and airy offices. 

Accounts and files are in excellent order.  The practice is easy to manage with enormous prospects for further development and growth to an enterprising buyer.

The principal is prepared to remain with the successor practice for a period of 6-12 months to ensure a smooth transition/settling in period.  Terms for consultancy to be negotiated. 

Surrey / Greater London Borders

Well established and highly respected law practice situated in the heart of a community.  The current owner has taken the practice as far as he can and now wishes to hand over the reigns.

The principal will grant a Full Repairing & Insuring Lease and in time will consider sale of the freehold premises.  After a short consultancy of c six months [terms of which will need to be negotiated] the principal would like to bow out of the legal profession.

The practice offers scope for development and growth.  The successor to the practice will benefit from the existing goodwill enjoyed by this successful practice.

This is an excellent opportunity to acquire a successful non-contentious practice, with a bias towards probate work.  Fee Income per the last Year End Accounts showed Fee Income to be c £400,000+.  The "hands-on" approach and personal attention to detail has resulted in an extremely high profit ratio.

This practice will suit an individual or firm wishing to acquire an additional office or a foothold in the Surrey (Greater London) area.

Greater Manchester

Fabulous and unique opportunity!

For sale is a successful, distinguished law firm with a reputation for providing the highest quality of service.  The business community in the local area is thriving.  The firm offers enormous potential for development and expansion and the successor will certainly benefit from the abundance of goodwill secured in its history.  There is an existing and vibrant client base which has resulted in increasing turnover and profits.  The firm is established as a serious contender for "big ticket" work - it has exciting client relationships through spotless performances.

Gross Income £685,000+ with good profits.

Work is broken down as follows:

Commercial/Corporate c 20%, Landlord & Tenant c 20%, Residential Conveyancing c 16%, an increasing blend of other profitable work.

Consultancy available on flexible terms to be negotiated.

With a client base, infrastrusture and profits to be proud of, this is a rare acquisition opportunity...don't miss the boat!

Middlesex

We are instructed to market for purposes of a sale or merger, this busy, well-respected general practice which has operated from its present address, since 1965.  A new lease will be granted on sale/merger of this practice.  The practice boasts a broad range of clients who are scattered throughout London and the South East.

Gross Income £970,000+ with good profits.  Present WIP is in the order of £500,000+.

One partner avails himself in the role of consultant post sale/merger to ensure a seamless transition of clientele; the other partner will lend his name to the successor practice post sale as a non practising consultant [he will give covenants not practising as solicitor in opposition to the successor practice].  In addition to the two partners, are six fee earners and fifteen full/part-time support staff.

Don't miss out on this unique and timely opportunity to acquire and grow this modern business.

SOLD

West Midlands

One of the West Midlands' leading Personal Injury firms!

The bias of work is Road Traffic and Clinical Negligence; c 99% of work is backed by Legal Expense Insurers.

The service offered by the partners is professional and approachable.  The partners are regarded as experts in their respective fields and avail themselves for consultancy if required.

G.I. c £725,000.

Scope for development and expansion, especially for the technologically minded purchaser with connections and prudent management skills.

Fabulous opportunity!

SOLD

Essex

Excellent Opportunity!!!

Located in a commuter belt of Essex, this practice provides a range of general legal services with bias towards Residential and Commercial Property work, Trust and Probate and privately funded Matrimonial work.

The practice is well established, highly respected and successful.  It is situated in the heart of a vibrant community with an exciting regenerative future.

Gross Income £500K+.  Freehold premises available.  Consultancy offered.

Ample opportunities for development and further growth with an abundance of goodwill to be enjoyed.

Not to be missed!

Central London

Central London bordering on the City.

Three partners firm with quality work to include Commercial Litigation, Commercial Property, Company and Commercial Work.  Gross Income c £2M - with Excellent profits.  High worth clientele to include institutions and plc's.  Partners avail themselves post sale/merger.  Practice available with or without premises.

SOLD

Central Hertfordshire

This practice is situated in a prosperous town close to all amenities and well served by public transport; close to the M1, M25 & A1 and within easy reach of Luton Airport and a reasonable distance from Heathrow and Stansted Airports.

Long established Non Contentious practice can boast of excellent and growing record of increasing fees and related profits!  Gross Income c £875,000+.  Despite the existing increase in fees, there is considerable scope to develop even further certain areas of work.  Of particular interest is the promising increase in Commercial work.  This can be described as a high-tech operation benefiting from efficiencies of the new reporting and electronic conveyancing system and now yielding its rewards.

The acquisition of this practice would suit a firm of "go ahead solicitors" seeking additional offices in this highly appealing and affluent location.  It could also be of interest to a small group of solicitors who wish to get together to channel their combined talents and energies to benefit from this highly successful client base.

Within the terms sought, will be consultancy by the out-going partners ensuring a seamless transfer of goodwill.

This is not a practice for the faint hearted!

East Yorkshire

PROFITS LIKE THESE AREN'T TO BE SNIFFED AT!!!

Successful and long established practice operating from two sites offering tremendous scope.  The practice will suit a firm of solicitors seeking additional offices or to an individual/group of individuals with good practice management skills looking to acquire a thriving practice.

Gross income £775,000+; Profits in excess of £350,000.

The majority of work is property related - both domestic and commercial (65%); the practice also undertakes Wills & Probate, Litigation and Personal Injury.

The practice is fully staffed - 8 fee earners to include three partners who avail themselves as consultants on terms to be negotiated and some 15 support staff.

SOLD

Lincolnshire

APIL Accredited

Long established, highly regarded practice. 

The firm is recognised as a successful Personal Injury practice and in addition undertakes a mixed bag of legal genres:  Claimant PI work represents c 48% of the practice's work; Commercial and Residential Conveyancing - c 20%.  The practice is custodian to c 3,000 Wills.  The practice has a Family Law Franchise.

Fees in excess of £1.5 Million.

Freehold premises available for sale.

Consultancy available if required.

EXCELLENT OPPORTUNITY!

Berkshire

Gross Income c £320K+ with good profits and a loyal client base!

This law practice, located in a small Berkshire town, was established in 1985 and has operated from the same premises since inception.  The practice specialises in Conveyancing, Will writing and Inheritance issues.  The spread of work is as follows:

69%  Residential Conveyancing

12%  Commercial Conveyancing

18% Probate & Estate Management

  1% Wills, Trust & Tax Planning.

The successor to this practice will enjoy the quality of life the area offers and will reap the rewards from the well established relationships with the local business community.

Consultancy is available if required.  The time is right for a dynamic person/persons to spearhead the business.

SOLD

Buckinghamshire

Respected practice in affluent area.  Opportunity to penetrate and exploit the well-heeled local market.

Scope to develop and expand.  Goodwill in abundance.  Potential to be an excellent branch office.

Mixed caseloads:  Property 30%; Probate 35%, Family 30%; some Litigation 5%.  Gross Income c £220,000.  Quick Sale!

Consultancy offered.

Excellent opportunity!

SOLD

Hertfordshire

Highly desirable. 

Profitable Practice in leafy Hertfordshire

Gross Income: c £600K.  Net Profit: Excellent.

Victorian, Georgian and Tudor architecture clinches the town's charm.

This practice provides legal services to individuals and commercial clients, both private and publicly funded.  The concentration is "High Street" with a bias towards Matrimonial, Family, Personal Injury work and Property.  The practice has a franchise in Family work and c 22% of turnover is Publicly Funded.

The practice has operated from centrally located leasehold premises in Hertfordshire since 1976.  It has strived to be recognised as one of the district's leading law practices.

The town in which the law practice is situated is linked to the M1 and M25 motorways and is well placed for access to Watford, Luton and London.  There is a strong small business sector, a favourable indication of the health and diversity of the local economy.

This is an excellent opportunity to acquire a well established practice with scope for further expansion.  The successor to the practice will benefit from the expertise, quality of service and exceptional client care offered and enjoyed by this practice.

Consultancy offered by the principal to ensure a smooth transition.

SOLD

Hampshire

Highly respected practice with enviable longevity offering a range of general legal services - with Family Franchise.

Further scope for development and expansion.  The successor firm will benefit from existing goodwill attached to this practice.

Leasehold premises in excellent location.

Gross Income £230,000+.  Good profits.  Excellent opportunity.

Consultancy available to ensure seamless transition of clientele.

SOLD

South Hertfordshire

General practice in picturesque Hertfordshire.

Excellent road and direct rail links to the capital and beyond makes the area a magnet for local investment.

For sale is a well established and highly respected law practice with long-standing loyal client base in the heart of a vibrant community.

The principal wishes to sell his practice due to family relocation. but is willing to remain with the successor practice in a consultancy role to ensure a smooth transition.

c 72% of all work is related to Residential Conveyancing; c 15% is related to Probate and Estate Management.

Easy to manage practice.  Gross Income c £210,000.

This is an excellent opportunity to grow this non contentious practice under new leadership.  The practice will be ideal for an individual or group of individuals looking to acquire an established practice in Hertfordshire.

SOLD

Cheshire / Greater Manchester

Profitable practice seeks Bolt-on!

Modern, approachable general high street practice operating from freehold premises in a popular and affluent market town.  The principal will consider sale of freehold; alternatively a lease will be granted.

c 55% property related.

Gross Income £300,000+.

Practice is fully staffed.

The practice would offer scope for further development and expansion if it were to come under the umbrella of a larger practice.  The principal avails himself as consultant on terms to be negotiated for a period of c 5 years.

Excellent opportunity!

Middlesex

Well respected, long established Non Contentious practice with focus on Residential Conveyancing.  Other work includes: Commercial Conveyancing, Wills, Probate and Estate Administration.

The practice is situated in an area conducive to growth and prosperity, with a buoyant property market and tremendous scope to develop the commercial side of the business.

Excellent links to the public transport network, with easy access to Central London.

The senior partner is assisted by a salaried partner and five full and part-time support staff in offices comprising c 1,600 square feet.  All staff will transfer to the successor practice in compliance with TUPE Regulations.  The senior partner avails himself for consultancy if required to ensure seamless transition of clientele.

The practice will suit an individual/group of individuals or a firm seeking additional offices and willing to inject fresh energy.

Gross Income £320,000+ with good profits and an existing and increasing client base makes the purchase of this practice very attractive.

SOLD

South Cotswolds, Gloucestershire

Long established two partner practice located in a market town with fine heritage and inimitable charm.  The town is easily accessible to the motorist and within striking distance of Gloucester and c 40 miles from Bristol airport.

This is a well managed general practice with a good spread of work types.  Gross Income c £390,000.  There is enormous scope to develop both the private and commercial sides of the practice.

The practice is highly reputable with a client catchment area concentrated to the Gloucestershire area.  The practice is technology conscious and has invested heavily in this area so a professional, efficient and cost-effective service is given to clients.  The practice website is detailed and thorough.

If you are an individual, or part of a group of individuals, looking to acquire an established Gloucestershire practice, this will be a fabulous opportunity.  Alternatively, the practice would be of interest to existing Gloucestershire based organisations looking to expand, or from practices hoping to gain a foothold in Gloucestershire.

Partners will offer consultancy for seamless transition of clientele.  The practice is available with or without premises - freehold or lease available.

Middlesex

Personal Injury  - Claimant Only!

Work-in-Progress files in excess of £1M available for sale.

Alternatively, fully staffed offices available.

With or without premises.

SOLD

West Lancashire

Excellent opportunity to acquire a thriving general practice.

Varied and equal spread of caseloads - No Legal Services Commission work.  This easy to manage practice boasts a fee income of £650,000 with well balanced profits.  The practice is fully staffed and the out-going partners offer themselves as consultants until their retirement on flexible terms to be negotiated.

Freehold premises available for sale, alternatively, a lease will be granted.

SOLD

SW Surrey

Easy to manage with good profits!

Long established. This practice is situated in an affluent and easily accessible village in SW Surrey.

The bias of work is on Residential Conveyancing, Probate and Estate Administration. Gross Income c £200,000 with healthy profit ratio. Affluent clientele and a nationwide client base.

The practice boasts an excellent reputation and prides itself on its friendly, efficient and traditional approach.

The principal feels he has developed his law practice as far as he can and would like to retire although he offers himself as Consultant to ensure a smooth transition of goodwill. It is now time for the principal to hand over the reins to an individual or firm of solicitors who can inject fresh energy into the practice and capitalise on its existing goodwill.

Excellent opportunity!

SOLD

East Anglia

Opportunity to acquire a practice that turns work away!

The two partners of this long established practice with a loyal client base are looking to retire in the next one-two years.

Good quality spread of work, even distribution of Probate, Wills & Trust, Conveyancing and Commercial work.  Legal Services Commission franchise work currently being phased out.  Gross Income c £500,000 and net profits are in excess of £200,000.

Conveniently located on the main thoroughfare of the town, this practice attracts passing trade in addition to its loyal following.  The offices are spacious and smart and a new lease will be granted to the successor.  There will be the opportunity to acquire the freehold premises in due course.

SOLD

North Kent

Fabulous Opportunity!

Gross Income £1Million+.  Good profits.

With roots dating back to the 1840s, this practice is strategically located in a conservation area close to the town centre and railway station.

The freehold premises are owned by two of the present partners.  A lease will be granted on sale of practice.  The premises comprise four fully interconnecting buildings with a purpose built strongroom in one of the four basements.  The office accommodation provides a combination of 26-private rooms.

The three partners of the of the practice enjoy a high profile within the legal circles of Kent.  All three partners offer themselves as consultants post sale of the practice.  In addition there are 6-other fee earners and 24-full and part-time support staff.

The practice is franchised in Criminal, Personal Injury, Family & Mental Health work.  The practice also undertakes Property work, Trust, Probate & Tax Planning and Matrimonial work.  [The practice often turns work away - the successor practice will benefit with more fee earners].

Acquisition of this practice is not for the faint-hearted!

SOLD

Merseyside

European Capital of Culture.

This long established, blossoming law practice is situated in the city's cultural quarter.  The sole practitioner wishes to slowly bow out of the legal profession with a view to emigrating to sunnier climates; he is seeking a worthy successor to his practice.

The practice is fully staffed.  There is a small amount of Legal Services Commission work, quality litigation work and a variety of non contentious work.  Gross Income c £500,000, good profits and scope for growth.

The practice will suit an all rounder who is not afraid of hard work to develop and expand this practice.

SOLD


Mack Dinshaw
Senior partner. Studied and worked as an Accountant prior to founding Law Mergers & Acquisitions.

Neville Dinshaw

Joined Law Mergers & Acquisitions in 1995.
Made partner in 1997.

 

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