Ref. No - BFS938387

LocationNamibia, Northern Namibia

Ref. No - BFS938387

Sector - Services

Asking Price
N$3,000,000
Monthly Profit
N$130,434
Asset Value
N$ 262,100
Stock Value
N$ 0
Yearly Net Profit
N$ 1,565,207

Summary

Law firm with established client base

Give me more information

Fully describe the business's activities?

Firm of attorneys stationed in Oshakati, with satellite offices in Rundu and Windhoek

Give a breakdown of staff/ functions/ length of service?

The current two partners as legal practitioners who established the firm in 2016

Consultant dealing with conveyancing department (paid as-and-when presenting an invoice)

Admin Officer (2016) taking care of all the administrative duties and functions.

Conveyancing Secretary that has been with the firm for 10 years

Messenger and Cleaner (10 years)

Receptionist - answering and directing phone calls and organising all-things office.

2 X Candidate Legal Practitioner who started in 2026

Secretary - recently appointed to assist with the workload

Outside Cleaner - comes in twice a week

What are the main assets of the business?

The main assets can be best described as office furniture and equipment.
The asset list consists of filing cabinets, office desks and chairs, laptops and printers (6 in total), boardroom furniture and a kitchen setup.
Also included SA Law Reports, SACR Law Reports and Juta Namibia Law Reports as well as many assorted legal textbooks.
The office outlay is neat and professional as well as very functional.

Strengths?

Established practice with an extended list of clients well described law firm handling litigation, labour disputes, drafting of wills, commercial work, conveyancing and family law.
Loyal customer base
Lost's of commercial clients

Weaknesses?

Currently the firm is not formally registered on the panel of conveyancers for the major banks.
The law firm is currently a partnership.
Our clients are comfortable to convert / incorporate depending on the requirements for potential buyer.

Opportunities?

Expanding the servicing offering - handling of deceased estates and more conveyancing.

What is the reason for the sale?

Our client wished to peruse other business interests.
Location

Contact | Enquire

Ferdi

Ferdi van Greunen

LocationNamibia, Windhoek & Central

Preferred method of contact

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