General High Street Solicitors Practice
Ref.CM022
Location Berkshire
Offers Invited
Confidentially offered for sale
Business profile:
Introduction
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share capital of a general High Street Solicitors Practice.
Key strengths:
The business has the following key attributes:
• General High Street Solicitors Practice.
• Private work including Residential Conveyancing, Employment and Family Law, Civil Litigation, Personal Injury as well as Wills and Probate.
• Commercial work including Commercial Property, Employment Law, Litigation and more general Commercial work.
• Highly trained, loyal, dedicated staff.
• Excellent local network generating on-going work.
• Central, high profile, town centre location.
• Excellent growth and expansion opportunities.
The business provides an acquirer with:
• An ideal bolt on for an already established Solicitors Practice looking for an additional office in the Berkshire area.
• A fully or recently qualified Solicitor looking to establish themselves in the profession by acquiring their own Practice.
Financial profile:
For the financial year ending August 2013, the business generated fee income of almost £810,000, generating an EBITDA before Directors’ costs of almost £180,000.
Offers are now invited for a sale of 100% of the Issued Share Capital in the Business, based on a Balance Sheet value of £90,000.
