A New $1.3 Million Listing, Great Progress for Clients

This week we are delighted to bring another attractive regional practice to market:

• An established and highly reputable one Partner Regional Gippsland Victoria accounting practice with c. $1.3 million in net fees, very strong profitability and a high quality client base.

If this looks like a good fit for you, don’t delay in registering your interest via our website listing. Check out the details below under JUST LISTED.

We are also really pleased to see our client, the Vendor of a 1 Principal firm, Brisbane North West $263,000 in fees (ID#175), execute a contract of sale with the purchaser this week. The practice was only listed at the end of May (seven weeks ago) and shows the speed with which purchasers are prepared to move when they see the right opportunity and a great cultural fit. Well done to both parties for a very smooth process!

Elsewhere a 1 Principal firm, Port Adelaide, SA $425,000 in fees (ID#84) settled a couple of weeks ago, and we look forward to celebrating with our client, the Vendor, once the dust settles on the busy time immediately post settlement. 

On a final note of really positive client progress the 1 Principal firm, Regional North East Victoria Fees of $433,000 in Accounting and $62,000 Financial Planning (ID#151) successfully executed a Heads of Agreement this week with a preferred purchaser and will be moving swiftly into due diligence. 

Last week we presented a very enjoyable webinar to IPA Members on the Market for Buying and Selling Accounting Practices and over the next two days we are looking forward to attending and presenting at Melbourne's CPA Eastern Suburbs Discussion Group Conference down on the glorious Mornington Peninsula. If you are part of a group of practice owners and looking for an intimate and interactive briefing on the current state of the market, backed up with our latest market data, contact us and let's work out a date!

If you are ready to sell your practice in 2022, or thinking about selling over the next few years, call us to discuss your options and the best way forward. You can also read what former DMY clients have to say about us here: Testimonials

Daniel and Mark

daniel@dmyassoc.com.au         mark@dmyassoc.com.au 

1 Principal firm,  Regional Gippsland Victoria $1,300,000 in fees (ID#162)

Queensland

1 Principal firm, Brisbane South $714,000 in fees (ID#188)

1 Principal firm, Brisbane North $1,600,000 in fees (ID#190)

1 Principal Audit firm, Brisbane Qld $400,000 in fees (ID#153)

Victoria

1 Principal firm,  Regional Gippsland Victoria $1,300,000 in fees (ID#162)

2 Partner firm, Melbourne Inner Suburb $1,500,000 in fees (ID#168)

2 Principal firm, Geelong Victoria $550,000 in fees (ID#64)

1 Principal firm, Regional North East Victoria Fees of $433,000 in Accounting and $62,000 Financial Planning (ID#151)

2 Partner firm, North Regional Victoria  ~$2,000,000 in fees (ID#149)

1 Principal firm, Regional Gippsland Victoria $850,000 in fees (ID#110)

New South Wales

2 Partner firm, Sydney CBD ~$950,000 in fees (#SM424) - sold 07/21

2 Partner firm, Regional NSW & Sydney ~$2M in fees (#SM408) - sold 04/21

Bookkeeping practice, Sydney ~$$450,000 in fees (#SM428) - sold 04/21

Sydney South accounting practice ~$398,000 in fees (#SM411) - sold 05/20

ACT

1 Principal firm, ACT ~$870,000 in fees (ID#112)  - sold 10/21

Queensland

1 Principal firm, Brisbane North West $263,000 in fees (ID#175) - sold 07/22

1 Principal firm, Queensland Northern Gold Coast ~$730,000 in fees (ID#125) - sold 04/22

1 Principal firm, Gold Coast - Qld ~$900,000 in fees (ID#86) - sold 02/22

1 Principal firm, Queensland North of Sunshine Coast ~$540,000 in fees (ID#126) - sold 12/21

1 Principal firm, Brisbane North ~$1,200,000 in fees (SM407) - sold 08/21

Brisbane accounting practice ~$1,448,000 in fees (SM409) - sold 09/20

Brisbane accounting practice ~$2,133,000 in fees (#SM410) - sold 07/20

South Australia

1 Principal firm, Port Adelaide, SA $425,000 in fees (ID#84) - sold 06/22

1 Principal firm, ~$515,000 in fees (#SM405) - sold 05/21

Victoria

1 Principal firm, Melbourne West  ~$700,000 in fees (ID#122) - sold 05/22

1 Principal firm, Melbourne North  ~$300,000 in fees (ID#127) - sold 03/22

1 Principal firm, SE Gippsland ~$430,000 in fees (#SM401) - sold 01/22

1 Principal firm, Melbourne Inner South East ~$555,000 in fees (ID#123) - sold 12/21

1 Principal firm, Melbourne South East ~$1,360,000 in fees (ID#116) - sold 11/21

1 Principal firm, Regional NE Victoria ~$1,000,000 in fees (#SM427) - sold 11/21

1 Principal firm, Geelong region ~$495,000 in fees (ID#117) - sold 10/21

1 Partner firm, Melbourne CBD ~$1,250,000 in fees (ID#96) - sold 09/21

 1 Principal firm, Melbourne South East ~$540,000 in fees (ID#105) - sold 06/21

1 Principal firm, Melbourne Inner North ~$360,000 in fees (ID#413) - sold 06/21

1 Principal FP firm, Mornington (#SM403) - sold 07/20

Melbourne/National bookkeeping practice ~$1,100,000 in fees (#SM404) - sold 06/20

1 Principal firm, Melbourne Inner North ~$800,000 (#SM417) - sold 12/20 

1 Principal firm, Melbourne SE Suburbs ~$636,000 in fees (#SM402) sold 12/20

Email: contact@dmyassoc.com.au
Phone: 03 9448 2308
Web: dmyassoc.com.au

Sydney: 903/50 Clarence St, Sydney NSW 2000 
Melbourne: Level 8, 805/220 Collins St, Melbourne VIC 3000 
Brisbane: 9/204 Alice St, Brisbane QLD 4000
Adelaide: 3/55 Gawler Place, Adelaide SA 5000

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