Law Firms for Sale – update 9th November 2022

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Recently Added Firms

100311 East Anglia £3 million T/O Solicitors’ Firm – QUICK MERGER OR DISPOSAL SOUGHT

Self-operating solicitors’ firm in East Anglia (LLP structure) looking for a sale or merger. High street offices (flexible leases available) in good accessible location. c£3 million turnover, fully functioning team of staff (fee earners and support staff) for TUPE. Clients via established sources, recommendation, website & walk ins. CQS accredited. 100% Residential Conveyancing. Full lender panel membership. PII £235k. Owner retiring, but very limited involvement in day to day running – ideal practice to acquire and run as a standalone conveyancing unit.

100310 South Wales

Very well established solicitors’ firm in South Wales (partnership structure) looking for a sale or merger. High street offices (available freehold or leasehold) in very good market town location. £575k turnover, team of staff (fee earners and support staff) for TUPE. Clients via recommendation, website & walk ins. CQS & SQM accredited firm. Mix of work 42% property, 16% wills & probate, 16% litigation and 26% family & child care work. Firm has a legal aid contract for care work. Virtually full lender panel membership. PII £37k. Two partner practice with one partner looking to remain involved in the short to medium term.

100308 Sussex

Well established West Sussex solicitors’ firm (SRA regulated LLP) looking for a sale. Turnover c£350k, established team of staff for TUPE. Locally based clients from recommendation, website or repeat customers. CQS accredited practice on all major lender panels. Majority of work (70%) conveyancing, 30% Other (includes wills/probate, employment law, independent legal advice). Offices available to lease on reasonable terms, PII £29k with no claims.

100307 SW Wales

SRA Partnership firm available for sale or merger in South West Wales. Well established practice in market town location with one partner retiring and one remaining. 75% Conveyancing, 20% Family and 5% Wills & Probate. Turnover c£525k. PII £44k, small team of staff for TUPE including fee earners. Partner moving onto other business interests hence sale or merger. CQS accredited practice on all major lender panels. Office lease available.

100304 NW Wales – MERGER OR DISPOSAL SOUGHT

Very well established North West Wales Solicitors firm (SRA Partnership) with two offices looking for a sale or merger due to retirement of Senior Partner. 55% Conveyancing, 35% Probate, 10% Wills, LPA’s and Family. Turnover c 500k. CQS firm and on most Lender’s panels. No Lease commitments if not required. 5000+ Wills bank. Staff for TUPE including fee earners. Seller happy to remain in the short term as a Consultant if required.

100296 Hertfordshire

Well established SRA Sole Practitioner in Hertfordshire. CQS accredited with lender panel membership where possible, looking for a sale or disposal. Conveyancer remaining with the firm, 85% residential and commercial conveyancing, 15% private client. Locally based clients mainly from recommendation. Firm located just off high street in easily accessible location with ground floor premises. Lease available. PII premium £12k, no claims. Owner looking to retire – will consider all proposals.

100292 CLC Conveyancing Firm, Midlands

Midlands based CLC regulated conveyancing firm looking for sale or merger. 25 years trading history, on all possible lender panels. Loyal team of staff for TUPE. £650k turnover with 40% profit margin. Freehold or leasehold premises available in good accessible location. £19.6k PII. Plenty of scope for expansion. Seller looking to remain as a consultant on part time basis for up to 3 years post sale/merger.

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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