Business for sale

Business description

Established over sixty years ago, the current owner purchased this successful practice in January 2007 and has built on the existing platform and continued to grow both clients and turnover in a practice that has plenty of room to expand within their existing premises and operation, with excellent future growth potential still to be enjoyed.

This is an ideally located solicitors practice situated on a busy High Street in the densely populated town centre of Watford, in a busy pedestrianised shopping centre, close to the bus and train stations and with several local car parks nearby, providing them with a constant stream of passing foot traffic. They operate from the substantial period office that was once an impressive residence of a Duke of the Realm and specialise in matrimonial, residential, litigation and wills etc. There are a total of two solicitors including the owner, very ably assisted by a team of very knowledgeable and experienced staff. This enables them to provide an exceptional level of service to all their clients and this, combined with speedy response to all enquiries and augmented with good client communication, truly sets them apart from other practices and has been the basis for their tremendous growth pattern to date.

They have a reputation among their clients as being reliable and efficient; a reputation that has been hard won and maintained each and every day, due to the knowledge, unswerving diligence and hard work imparted by all staff and principles. This is a business that has carved a niche for itself and will maintain this niche into the future, providing ever greater levels of growth and profit into the future. There are several lucrative avenues a new and enthusiastic owner could take this business.

With a strong client base and lots of recommendations this is a remarkable opportunity offered to a solicitor to branch out on their own with a lucrative and profitable business, or for an existing practice to acquire an excellent customer base and high additional profits, with a quick return on investment, one that also offers lots of potential still to be enjoyed and benefited from. This could be ideal for a firm of City Solicitors wishing to move out from the high rents of the city to an easily accessible and well established practice, with lower overheads and plenty of room for expansion, or for a solicitor wishing to carve out their own niche in this industry.