Solicitors in North Shropshire For Sale
Business for sale
Asking Price:
£100,000
Turnover:
£169,000
Annual profit:
£66,000
Audited accounts:
No
Management accounts:
Yes
Business description
The Business Partnership is pleased to offer for sale, this firm of solicitors.Run for over 100 years, one partner now wishes to retire, whilst the other wishes to remain for the medium term. They have a stable and loyal base of clients.
They undertake general work including family, probate, personal injury, conveyancing and litigation. Typically, each partner handles 50/60 case loads.
The premises offer 2,400 sq ft over 3 floors with a large private car park. Rent is £25,000 p.a. Terms are to be agreed.
Bills of cost £169k
Adj net profit £66k
This is an ideal opportunity for another firm to widen their local coverage.
Please ask for full details.
GENERAL INFORMATION
Years established: 100
Employees: 5
Trading hours: Mon-Fri, 9am-5pm
Property: Leasehold
Lease terms
A new lease will be offered at £25,000 p.a. terms to be agreed.
Location
Substantial accommodation giving 2,400 sq ft over 3 floors and a large private car park.
Competition / Market
There is limited competition within the town.
Support & training
A full handover will be arranged.
Reasons for selling
Partner wishes to retire.
Financing available
Yes, please ask for details.
Employee details
Fulltime staff:
5
Parttime staff:
0
