About this Practice
Location: HAMPSHIRE – 923
HEADLINE POINTS
- An opportunity to acquire a respected and well-established law firm in Hampshire. The firm has an excellent reputation for its expertise in Private Client and Residential Property legal services and has scope for expanding into wider practice areas.
BUSINESS OVERVIEW
- The firm primarily handles Private Client and Residential property matters. The practice undertakes a small but increasing amount of commercial property work and has recently increased its capacity in Care of the Elderly and Court of Protection related matters.
- The firm’s revenue of the financial year to 31 July 2025 was £2,100,000 which generated a pre-tax profit of c £480,000.
- 60% of revenue derives from Private Client work with 40% from Property work.
- Revenue for 2025/2026 is on target for £2,400,000.
- Significant bank of c 12,000 Wills maintained on-line and regularly reviewed.
- Fully staffed offices.
- Good PI claims history.
TRANSACTION OVERVIEW
- An opportunity to acquire a highly reputable, well-run practice with a significant opportunity to grow and expand the firms work.
- Transaction details: The owners are seeking a firm that will acquire the business as successor practice by way of a share purchase agreement.
- The firm is cash flow positive.
- WIP of c £721,000 plus c 350 Residential Property matters, and debtors £125,000.
- Consultancy available to ensure a smooth and effective transition following acquisition and continue to undertake client work.
Offer Invited!
