New Melbourne Listing, Smart Buyers Giving Themselves An Edge

This week we are delighted to bring another Melbourne practice to market.

• Eastern Suburbs Melbourne integrated Practice with c.$450,000 accounting fees and c.$300,000 financial planning fees.

There will be strong demand for this opportunity. 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. 

Meanwhile, we have been able to generate rapid success for clients in the Gold Coast and Melbourne this week with Heads of Agreements being struck with preferred buyers:

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

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

Both firms have been listed for less than two months. DMY were able to generate enquiries from ninety-eight and sixty four interested parties respectively from which we were quickly able to filter down to a small pool of suitable parties for each Vendor to meet. In both cases the Vendors identified several potential purchasers who offered a strong cultural fit for their clients, with the successful buyers getting themselves over the line by offering points of difference including speed and ease of deal execution, and in one case a higher offer than the Vendor was looking for. In today's highly competitive buyer market, cultural fit still trumps everthing else but success will go to those buyers who are easy to work with and prepared to compete on the commercial terms.

2022 is quickly coming to a close with just nine weeks left until Christmas. For anyone thinking of selling in 2023 now is the perfect time to start the conversation and get ready to hit the market in late January / early February. We have had two such clients sign up this week for an early 2023 sale and we are confident there will be others ready for the next stage of their lives and to secure their firm's future. To discuss your situation and options reach out to us below:

You can always 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. Melbourne East Fees of $448,000 Accounting and $294,000 (ID#209)

1 Principal firm, Townsville Qld $275,000 in fees (ID#213)

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)

Queensland

1 Principal firm, Townsville Qld $275,000 in fees (ID#213)

1 Principal firm, Brisbane South $204,000 in fees (ID#216)

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. Melbourne East Fees of $448,000 Accounting and $294,000 (ID#209)

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

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

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

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 $1,600,000 in fees (ID#190) - sold 09/22

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

2 Partner firm, Melbourne Inner Suburb $1,500,000 in fees (ID#168) - sold 09/22

1 Principal firm, Regional North East Victoria Fees of $433,000 in Accounting and $62,000 Financial Planning (ID#151) - sold 08/22

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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