Firms For Sale Update 16th October 2023
in Firms for Sale, New Law Firms for Sale

Firms For Sale Update 16th October 2023

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

Recent Listings

Ref 100347 – London

For Sale – smaller sized ACCA accountancy firm (limited company) in the Heathrow area, with recurring fees in the region of c£100k. Mix of sole traders, limited companies, dividend income, quite a bit of rental property and property management work. Offers invited. Leased premises.

Ref 100346 – Cumbria

Well-established SRA regulated solicitors firm in Cumbria looking for a sale. A merger might be considered. Turnover £1.3 million. Team of staff for TUPE. Locally based clients mainly from repeat business and recommendations. CQS and Lexcel accredited. Mix of work 26% wills & probate, 15% corporate commercial, 17% commercial property, 14% residential property, 9% employment, 9% family, 10% civil litigation. Offices available freehold or leasehold. PII £64k. Partners willing to stay on as required.

Ref 100345 – Warwickshire

Long established SRA regulated LLP solicitors’ firm in Warwickshire looking for a sale or merger. Turnover c£700k. Team of fee earners and support staff for TUPE. Local client base with high street presence. CQS accredited. Mix of work 34% Residential Conveyancing, c10% Commercial Property, 34% Wills/Probate/LPA and 22% other areas including Litigation. Lease of premises included. PII c£44k. Owner happy to remain in the medium to long term as a consultant.

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.

Ref 100252 – Leicester

A well-established solicitors’ practice (limited company) in central Leicester, with turnover over £400k, low overheads and c40% profit margin. Work mix is family law, immigration, litigation, residential property & commercial property. Firm has 2 consultants + 2 full time paralegals. The PII is £21k and the firm has a claims-free record. The seller prepared to remain for 12 months as a consultant if needed. CQS accredited and on major lender panels. Office is freehold and in a prominent location, completely refurbished and owned by seller. A new lease is available.