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  • Mandate: 38387
  • Added: 24 Oct 2026
  • AFS
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Law Firm - Oshakati

Northern Namibia, Oshana
0
Mandate 38387
Added 24 Oct 2026
N$ 3,000,000* NAD
Stock: N$ 0
Assets: N$ 262,100
N$ 130,434 NAD
Ferdi van Greunen
(PRINCIPAL)
Aldes Namibia
Windhoek & Central
Windhoek & Central
Summary

Established Legal Practice - Oshakati (with satellite offices)

Law Firm - Oshakati
SELLING PRICE AFS
N$ 3,000,000* NAD
Stock: N$0
Assets: N$262,100
N$ 130,434 NAD
Summary

Established Legal Practice - Oshakati (with satellite offices)

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Fully describe the business's activities?
Firm of attorneys stationed in Oshakati, with satellite offices in Rundu and Windhoek

How long has the business been established?
The owner established the practice in partnership with his brother in 2016.

Breakdown of client base
Many loyal and longstanding clients as is typical for a professional outfit like this.
The clients consist of private individuals who have been using the services of the law firm for many years.
Plenty of commercial clients and businesses.
The firm is also contracted on service agreements to conduct specific / specialized work for corporate clients.
With an established office and wide network, the firm also acts as correspondent for legal firms based in Windhoek.
All and all a good spread of clients

Description of typical work conducted
The practice does not specialize in a given field and services a broad range of corporate and private clients.
Services include, litigation, attending to labour disputes, conveyancing and registration of property transfers, family law, drafting of agreements and contracts as well as wills.

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

Do any receive special perks or incentives?
Currently the 2 partners draw a monthly fee of N$60 000.
The previous partner engaged on a consulting basis and being paid on presenting an invoice to the firm each month.

Are they on contract?
Other than the partners each of the staff members has a signed employment agreement.

How involved are the partners in the day to day running of the practice
The 2 partners are actively involved in the firms' activities.
They engage with clients and are mostly involved with litigation matters.

What is the current proposition with regards to the premises
A secured lease agreement for 12months with option to renew for the office space in Oshakati.
The firm operates a satellite office in Windhoek and Rundu.
Copy of the lease agreement is available.

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.

Are any items not included in the sale?
No vehicle included

What is their overall condition?
All assets are well kept and in good working order - second-hand.

How have they been valued ?
We valued the list of assets at N$262 100 on a fair market second-hand value.

Which assets are on lease/HP and with whom?
All the assets are paid for and there are no outstanding hire purchase contracts other than the Service Level Agreements (SLA) for the electronic equipment.

Are they presently insured?
All assets are comprehensively insured.

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.

Broker Comments
I found that the practice is well established with lots of institutional knowledge.
Our clients are negotiable with regards to terms and hand over period.

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AGENCY DETAILS

Aldes Namibia

1 members
7 mandates
Windhoek & Central
Klein Windhoek , Windhoek & Central

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