New Listing, Latest Market Data Revealed

This week we are bringing what should be our last new practice to market this side of Christmas:

• An Inner Melbourne Suburb Accounting Practice with c. $430,000 in fees where the sole Principal, aged 62, is looking to retire. This is in a Melbourne pocket that has been running hot with buyers recently and there will be strong demand for this quality client base of mainly High Net Worth Individuals.

Details are below under JUST LISTED. The Vendor would like to start meeting suitable purchasers before the Christmas wind-down begins. If this looks like a good fit, don’t delay in registering your interest via the website listing. 

We are also delighted to release our latest Market Data. It's an invaluable read for anyone serious about buying or selling, and contains data and insights on selling prices, numbers of buyers and retention terms. You can check it out here: DMY Market Data - October 2022

We have already started thinking about our next release of Market Data in April 2023. If there is additional data you would like us to include send us a email and we will consider it.

Meanwhile, we continue to see great progress for a number of clients across the country:

• A 1 Principal firm, Gold Coast Qld $530,000 in fees (ID#202)1 Principal firm, executed a Contract of Sale and settled all in the space of the last ten days. Our client is delighted and looking forward to his first Christmas in a long time not running his own accounting practice!
• If the lead up to Christmas is sometimes referred to as "the silly season" it could equally be referred to as "due diligence season"! We have had four clients in Melbourne, Sydney and Brisbane going through that over the last few weeks. Practice owners looking to sell regularly tell us it is the part of the sale process they look forward to the least. However, with pragmatic and capable buyers who are reasonable and efficient with their due diligence requirements, the process can often be brief and painless for all involved, as has the case been for our clients.

Daniel will be travelling to Brisbane and the Gold Coast on 30th of Nov and 1st of December. If you would like to meet up with him, please reach out to Daniel on his email below.

For anyone looking to sell in 2023, now is the time to start getting organised so that you are ready to hit the market in late Jan / early Feb. As our latest Market Data reveals, the prospect of securing a successful outcome for you, your clients and your team are excellent. 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 Inner Suburbs $430,000 in fees (ID#200)

2 Partner firm, Brisbane Inner Suburbs $2,800,000 in fees (ID#195)

1 Principal firm, Brisbane South East $1,055,000 in fees (ID#231)

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

2 Partner firm, Brisbane Inner Suburbs $2,800,000 in fees (ID#195)

1 Principal firm, Brisbane South East $1,055,000 in fees (ID#231)

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

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 Inner Suburbs $430,000 in fees (ID#200)

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

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

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

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, Gold Coast Qld $530,000 in fees (ID#202) - sold 11/22

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

Copyright DMY. All rights reserved. Any unauthorised use or duplication is prohibited.

Sent to contact@dmyassoc.com.au