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Conveyancing Firm With Its Own Office On A Plymouth Business Park
Plymouth, Devon, South WestIdentity protected
Available
About this business
This conveyancing firm handles residential sales and purchases, new-build plots and transfers of equity for clients across Plymouth and south Devon. Its own office, on a business estate, transfers with the practice, and runs with a team of four. It began in 2018.
Fees have risen sharply, from £233k in 2021 to £360k, and adjusted EBITDA from £64k to £88k, a margin of 24%. Net profit is £77k. The asking price is £420k. Any buyer must be eligible to own a law firm.
Key investment highlights
- Freehold office included
- Fees up from £233k to £360k
- New-build and residential work
- Team of four
Reason for sale
The owner is moving to Cornwall and wants to step back from practice.
Nothing flagged on the two questions buyers ask first
No flagRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionNo flag
Turnover rose +8.1% in 2026.
- 2021: baseline
- 2022 (+11.6%)
- 2023 (+7.3%)
- 2024 (+8.2%)
- 2025 (+10.3%)
- 2026 (+8.1%)
6 years of turnover, 2021 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
EBITDA margin narrowed from 27.5% in 2021 to 24.4% in 2026.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.