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Residential Conveyancing Practice On A Business Park In Oxford
Oxford, Oxfordshire, South EastIdentity protected
Available
About this business
A conveyancing practice handling house purchases, sales, remortgages and lease extensions for buyers and sellers in Oxford and the surrounding villages. The four staff are based in rented space on a business estate at the edge of the city, and the practice has run since 2014.
Fee income has been flat at about £310k, but adjusted EBITDA has risen year on year from £56k to £74k, a margin of 24%. Net profit is £60k. Owning a legal practice carries professional rules that any buyer must satisfy; the asking price is £340k.
Key investment highlights
- Margin of 24% on £310k fees
- Purchases, sales and remortgages
- Team of four
- Adjusted EBITDA up from £56k to £74k
Reason for sale
The principal is retiring from practice and wants the files to pass to a single buyer.
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 is flat year on year.
- 2021: baseline
- 2022 (+0.0%)
- 2023 (-1.0%)
- 2024 (-0.3%)
- 2025 (+1.3%)
- 2026 (-1.0%)
- Peak 2021 to latest 2026: -1.0%
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 widened from 17.9% in 2021 to 23.9% 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.