Staffordshire solicitors’ firm trading as a partnership for over 35 years and looking for a sale due to partner retirement. Sellers will consider the option of a partner joining or a sale/merger. £500k turnover with 20-25% profit margin and scope for improving the profit ratio and further development of the firm. Small loyal team of staff for TUPE. Mix of residential conveyancing (and a bit of commercial) (35%), private client work (52%) family (12%). c4000 will bank. Strong, established client base, mainly local and includes agricultural sector. Clients recommended, sourced from website or referred by IFAs. Both partners prepared to stay on as required.
- Asking Price:
- On request
- Turnover:
- £500K - £1M
- Net Profit:
- Available on request