Sixth New Listing in Four Weeks

For the 4th week running we are delighted to bring another established and good quality accounting practice to market this week: 

• Gold Coast Accounting Practice with c.$530,000 in fees.

The details are below under JUST LISTED. If this looks like a good fit for you, don’t delay in registering your interest via its website listing. 

We continue to see a steady stream of Vendors bringing their practices to market for sale all across Australia. In the last four weeks alone we have listed practices for sale in Melbourne, Sydney, Gold Coast, South Australia and Regional Victoria. An interesting trend we are seeing is that the age of Vendors looking to sell is extremely varied and we have clients ranging from in their thirties through to in their seventies. We think this diversity is good for buyers as it provides more options in trying to find the right fit.

As a reminder, we also listed two very different but both high quality practices last week which are already seeing good levels of buyer interest: 

1 Principal firm, Parramatta NSW $1,250,000 in fees (ID#181)

2 Partner firm, Kangaroo Island SA $410,000 in fees 50% (ID#179)

Elsewhere a Brisbane client 1 Principal firm, Brisbane South $714,000 in fees (ID#188) successfully executed a contract of sale with a purchaser this week.  The practice had been on the market for just over sixty days and generated enquiries from sixty seven potential purchasers who were attracted to its size and attractive client base of mainly small businesses. The sale price is confidential but the seller's terms were met by the purchaser. 

I (Mark) am planning to be in Sydney from 19 - 21 September meeting with clients and other practice owners. A number of you have already reached out to meet up for a coffee which is terrific. There are a few more slots left so if you'd like to get an update on the market, or discuss your options, reach out to me at mark@dmyassoc.com.au.

Daniel is also planning to be in Brisbane and the Gold Coast from 28 - 30 September so likewise reach out to him at daniel@dmyassoc.com.au if you would like to meet up.

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, Gold Coast Qld $530,000 in fees (ID#202)

1 Principal firm, Parramatta NSW $1,250,000 in fees (ID#181)

2 Partner firm, Kangaroo Island SA $410,000 in fees 50% (ID#179)

New South Wales

1 Principal firm, Parramatta NSW $1,250,000 in fees (ID#181)

1 Principal firm,  North West Sydney Accounting and Bookkeeping Practice  $900,000 in fees (ID#164)

1 Principal firm,  Western Sydney  $750,000 in fees (ID#152)

Queensland

1 Principal firm, Gold Coast Qld $530,000 in fees (ID#202)

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

South Australia

2 Partner firm, Kangaroo Island SA $410,000 in fees (ID#179)

Victoria

1 Principal firm, South Melbourne $620,000 in fees (ID#204)

1 Principal firm,  Regional North Victoria  $1,132,000 in fees (ID#199

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

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

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

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

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

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

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 South $714,000 in fees (ID#188) - sold 08/22

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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Sent to contact@dmyassoc.com.au