Business Offered for Sale: General Practice Law Firm (“The Company”)

Description

 

Business Opportunity

An opportunity exists to purchase the business and assets of a general practice law firm operating in the North West of England.

The Company provides a range of legal services including: Wills & Probate, Conveyancing, Family and Commercial Law and has a long established heritage.

The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Breal Asset Valuations as appointed agent on behalf of the Vendor.

 

Business Overview

• Established Legal Practice;
• Ongoing Work in Progress;
• Will Bank and Probate WIP;
• Intellectual Property;
• Establish Local Client base;
• Leasehold trading premises;
• Unencumbered Office Furniture and Equipment;
• Turnover £373,500 (12 months to 31 December 2016)

 

High Level Financial Information

Draft Financial Statements for:

12 Months to 31/12/2015
Turnover: £373,500
Gross Profit: £355,310
Net Profit/(Loss): (£23,105)

12 Months to 31/12/2016
Turnover: £394,972
Gross Profit: £366,514
Net Profit/(Loss): (£24,549)

 

Assets Available for Sale

• Unencumbered Chattel Assets;
• Work-In-Progress;
• Client Base;
• Goodwill;
• Intellectual Property;
• Telephone Numbers.

 

Location

North west, UK.

 

Deadline for Offers

Indicative offers no later than 12 noon on Wednesday 14 February 2018, all offers to be supported by proof of funds.

 

Further Information

Please contact Damian Short on +44 (0)161 359 4332 or by email: damian@brealasset.com

 

Sector

Legal Services

Turnover

£394,972

Category

Business For Sale

Location

North West, England.
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