Property Conveyancing Practice, Melbourne

Property Conveyancing Practice, Melbourne — Professional Services · Melbourne (eastern suburbs) · Asking $352,000 · Revenue $725,000 · Profit $250,000

Established property conveyancing and legal practice operating from Melbourne's eastern suburbs since 1998. Approximately 450 matters completed per year, mostly on a fixed-fee basis Around 95% of revenue derived from property conveyancing work Average fee per file of approximately $1,600 (inc GST) Principal lawyer works around 25 hours per week, with paralegals handling most conveyancing work…

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Property Conveyancing Practice, Melbourne

ActiveProfessional ServicesVictoriaB2B & B2C

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Asking price

$352,000

Disclosed · AUD

Revenue

$725,000

TTM

Profit

$250,000

Implied multiple

1.4×

asking / earnings

Brief

Established property conveyancing and legal practice operating from Melbourne's eastern suburbs since 1998.
Approximately 450 matters completed per year, mostly on a fixed-fee basis
Around 95% of revenue derived from property conveyancing work
Average fee per file of approximately $1,600 (inc GST)
Principal lawyer works around 25 hours per week, with paralegals handling most conveyancing work
Bilingual (English/Chinese) capability serving a niche client base within the local Asian community
Purchaser must hold or appoint a practitioner holding a current Victorian practising certificate
Principal is selling to retire

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