New Law Firms for Sale 22nd May 2023

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

New Listings

Ref 100332 – Hertfordshire

SRA regulated sole practitioner’s firm for sale in Hertfordshire. No staff. Work split of 90% Conveyancing and 10% other. Mainly local clientele but the ability to work nationally. Profit on average of £54k over the past two years. Seller open to discuss consultancy to stay on with the business. PII £11,200 in 2022. No claims. Great opportunity as a shell for a buyer

Ref 100331 – Berkshire

Specialist Employment and Litigation solicitors’ firm looking for a sale or merger. SRA regulated limited company structure. Turnover c.£56k. Low PI cover. Owner willing to remain involved in the short term. Berkshire location but fully portable.

Ref 100329 – North West 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 100326 – East London

Litigation solicitors’ firm (SRA regulated limited company) based in East London/West Essex, looking for a sale or merger. Turnover c£400k with high profit margins. Locally based clients sourced from recommendation, marketing and referral. Strong online presence. Mix of work 31% family, 13% private client, 22% contentious probate, 20% other litigation, 7% employment (contentious and non-contentious), 7% other areas. Owner happy to remain involved for the short term. Firm has an employed solicitor remaining with the practice. PII £7,750.

Ref 100321 – West Sussex

Well established West Sussex solicitors’ firm (LLP) looking for a sale or merger. Turnover c£800k, established team of fee earners & support staff for TUPE. Locally based clients from recommendation and repeat users. CQS accredited practice on all major lender panels. Mix of work 53% conveyancing, 18% commercial property, 24% wills & probate. Established will bank. Optional offices (leasehold). Owners prepared to remain as consultants in the medium term.

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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