Law Firms for Sale Update 4th May 2023

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Click here for our regularly updated list of firms for sale.

New Listings

Ref 100327 – Quick Sale Sought – CLC Firm

A recently established CLC regulated limited company solicitors’ firm in West Yorkshire looking for a sale. No staff. Firm is 100% conveyancing with a balance of 80% residential and 20% commercial work. The firm can come with have a server, 5 computers, a photocopier and the IP for the firm logo. No claims history. PII c£13K. Seller willing to stay on as a consultant after sale.

Ref 100329 – Lancashire

Well established North West Lancashire solicitors’ firm (limited company) looking for a sale or merger. Turnover c£600k, established team of fee earner and support staff for TUPE. Locally based clients from recommendation, referral and repeat users. CQS accredited practice on all major lender panels. Mix of work 36% conveyancing, 13% commercial property, 25% family law, 22% wills & probate (includes trusts and LPAs) 4% other. 5000 will bank. Offices freehold and leasehold. One owner retiring, second owner looking to stay involved.

Ref 100328 – CLC Hertfordshire

Hertfordshire CLC Regulated Licensed Conveyancers Firm with a £600k+ turnover looking for a sale or merger or takeover due to retirement of a partner. Small staff for TUPE, clients from recommendations and website. No claims. Active client database. Firm handles residential conveyancing . Paperless office and no long term lease commitment. Firm is on the panel for all mainstream mortgage lenders, LMS and lender exchange. Busy property firm with lots of potential.

Ref 100330 – London Shell SRA Limited Company

London based SRA regulated limited company solicitors firm for sale as a shell. No clients, assets or staff. PII due to renew in January 2024 and the practice is claims free. Current premium is £9k. Mix of work when trading was 75% debt recovery, 20% immigration and 5% family. Cash price of £27.5k for quick sale.

An updated list of firms for sale is available on our website here: https://jonathanfagan.co.uk/law-accountancy-firms-for-sale/

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General FAQ's

What does a business broker do? Why is there a surge in buyers looking to acquire law firms in September and October each year? Why are there so few accountancy firms for sale on your website? Do you provide accountancy practice valuations? Are business brokers regulated? What underhand tactics do business brokers use? How secure is our data? Do you offer due diligence services?