Location: GREATER MANCHESTER – 898

Housing Disrepair Law Company – For Sale.

Headline Points

• Financial:

• Fees/Sales for the period 1^st March 2025 to 31^st October 2025 (8-months) c £220,000.  Work-In-Progress in the order of £200,000.
• Fees/Sales receivable for the Year Ended 28^th February 2025, £408,893.
• Fees/Sales receivable for the Year Ended 28^th February 2024 £214,531.
• Breakdown of current work type:
• 100% Housing Disrepair work.

 Professional Indemnity Insurance:

• Total premium, including IPT: £16,666.85 – paid in full
• There are no Notifications made by the company to its Indemnity Insurers, nor are there any Professional Negligence Claims against the Company.

 Headcount:

• One Director (Sole Shareholder and Person with Significant Control).

Herewith Terms for the Sale/Merger/Take-over etc of Law Company:

1. Goodwill, Work-In-Progress – Offer invited. 
2. The premises do not form part of the transaction.
3. The acquirer/merging entity of this business to be the Successor practice.
4. The acquirer of this practice will be required to take-over the unexpired part of all on-going agreements relating to future payments for software licenses, equipment, furniture, fixtures, fittings, storage rental, PI insurance, library and any payments made for the running of the company. 
5. Consultancy for the Director is available on a short term basis to assist with the transfer:  On-going working status / arrangements and remuneration to be negotiated.
6. Money held in Office Bank Account and Office Debtors do not transfer to the acquirer.  Clients’ Accounts, both Current and Deposit will be reconciled and transferred to the acquirer.  Ongoing payments commencing the first day after date of transfer of the business will be discharged by the acquirer of the business.

Vendor is in position to transact swiftly, if so required.