New Law Firms for Sale – updated 28th June 2023

Call in Confidence: 0800 246 5001

New Listings

Ref 100338 – West Midlands

Online non-regulated divorce and family law service with 12 years trading history to date for sale. Clients nationwide and business very relocatable. Consistent turnover, currently c£80k. 10% marketing spend generating 90% of turnover, with remaining from recommendations and repeat business. Sellers’ ill health and plans to move abroad require a sale. Offers invited.

Ref 100337 – South Coast

Specialist private client solicitors’ firm (SRA regulated limited company) based in two offices on the South Coast, looking for a sale or merger. Turnover c£290k, small team of support staff for TUPE. Locally based clients from recommendation, marketing and referral. Mix of work 90% wills, probate, tax & trusts and inheritance claims, 5% commercial and employment litigation, 3% company/commercial work. Will bank generating provable work. Two directors; one retiring and looking for part time consultancy work. The second director is keen to keep working on a full or part time basis and has his own sources of work.

Recent Listings

Ref 100333 – East Midlands

Well established SRA regulated partnership in the East Midlands looking for a sale or merger. Turnover c£520k with very high profit margin. Small team of staff for TUPE. Locally based clients mainly from repeat business and recommendations. CQS accredited. Mix of work is mainly Residential Conveyancing, Commercial Property and Private Client Wills and Probate, with some Matrimonial. Offices available for sale or rent – good location with parking. PII £31K. Partners open to staying on in the short-medium term.

Ref 100331 – Berkshire – shell law firm – quick sale wanted

Shell law firm available for quick sale. 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 100325 – Cardiff

28 years established SRA regulated sole practitioner solicitors’ firm in Cardiff looking for a sale. Turnover c£175k. Small team of staff for TUPE. 30% conveyancing, 30% private client and 40% family law, LPAs and commercial leases. Some lender panel membership. Seller happy to stay on to assist in the short-medium term. PII c£12k. Office lease available (holding over). Claims free history.

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

Kind regards
Taillte Mallon, BA (Hons), PgDip.
Graduate Trainee Adviser

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