Established Legal and Property Conveyancing Practice - Melbourne

Description

This established conveyancing and legal practice, founded in 1998, operates from Melbourne’s eastern suburbs and focuses primarily on residential property conveyancing supported by related legal services. The practice generates consistent revenue and benefits from a strong referral network and long-standing client relationships.Business Overview* Approximately 95% of revenue derived from property conveyancing matters* Around 450 matters completed annually, mostly on a fixed-fee basis* Average fee per matter approximately $1,600 including GST* Gross annual fees consistently between $700,000 and $750,000 over the past four years* Average adjusted profit to the principal lawyer approximately $250,000Key Features* Existing principal works approximately 25 hours per week* Majority of conveyancing work handled by experienced paralegals* Strong repeat client base and referral-driven workflow* Established niche servicing the local Asian community with bilingual English and Chinese capability* Cultural alignment supporting long-term relationships and ongoing referrals* Structured handover period to ensure smooth client and operational transitionBuyer Requirements* Purchaser must hold a current Victorian practising certificate or appoint a practitioner who does* Appropriate trust account and regulatory arrangements must be established after completionThis opportunity is ideal for a sole practitioner or small legal firm seeking immediate scale and recurring income, or for a legal principal wanting to acquire an established platform within a specialised market rather than build organically.Asking Price: $352,000Further information is available to qualified legal buyers upon completion of a confidentiality agreement.