Another Two New Listings, Reflections of a Seller

Welcome to this week's Market Update. Similar to last week, we are delighted to bring yet another two new practices to market for sale this week. 

• Accounting practice, $1.85 million fees, Gippsland, Victoria
• Bookkeeping practice, $1 million fees, Mornington Peninsula, Victoria

That makes eight new listings so far this year and we have more to come over the coming weeks which is positive news for buyers keen to secure the right opportunity.

Both of this week's new listings are great opportunities for buyers to significantly expand their existing presence, enhance their capability and/or enter attractive new markets. Check out their details below under Just Listed and if either looks like a good fit, don't delay in registering your interest via their respective website listing.

Reflections of a Seller: A common question from practice owners looking to sell is: what does the sale process look like?. It's understandable as selling is a new experience for most and can feel daunting. An even better question is: what does the sale process feel like? To answer that, it's best to hear from someone who has gone through the journey which is why we sat down last year with one of our former clients, Cameron Dyal, to share his reflections 18 months after his own sale. If you are thinking of selling this is one of the best five minute investments you can make. Read, and enjoy here: Reflections of a Seller

Cameron is now engaged by DMY as a client mentor and is available to every client of DMY to share his unique prespectives.

Daniel has been busy in Brisbane and the Gold Coast this week meeting with clients, buyers and other practice owners. Next week we are both off to Perth to present at the CPA Australia Public Practice Forum WA. There will be over one hundred Practice owners and accountants for our session on the Market for Buying and Selling. It promises to be a great event! If there are any Perth practice owners ready to sell, thinking of selling in the future, or looking to gain a greater insight into the market be sure to come and say hello if you are attending, or reach out below for a confidential discussion.

As our latest Market Data reveals, the prospect of securing a successful outcome for you, your clients and your team are excellent.

See you out there!

Daniel and Mark

 

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

Three Partner firm, Gippsland Victoria $1,850,000 in fees (ID#208)

1 Principal firm, Mornington Peninsula $1,000,000 in fees (ID#98)

2 Partner firm, Melbourne South $1,200,000 in fees (ID#226)

1 Principal firm, Brisbane South $675,000 in fees (ID#217)

1 Principal firm, Melbourne Inner North fees of $1.040,000 in Accounting and $200,000 FP (ID#218)

1 Principal firm, Melbourne Inner South East $630,000 in fees (ID#57)

1 Principal Audit firm, Brisbane Qld $540,000 in fees (ID#227)

Queensland

1 Principal firm, Brisbane South $675,000 in fees (ID#217)

1 Principal Audit firm, Brisbane Qld 540,000 in fees (ID#227)

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

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

Three Partner firm, Gippsland Victoria $1,850,000 in fees (ID#208)

1 Principal firm, Mornington Peninsula $1,000,000 in fees (ID#98)

2 Partner firm, Melbourne South $1,200,000 in fees (ID#226)

1 Principal firm, Melbourne Inner North fees of $1.040,000 in Accounting and $200,000 FP (ID#218)

1 Principal firm, Melbourne Inner South East $630,000 in fees (ID#57)

1 Principal firm,  Melbourne Eastern Suburbs $466,000 in fees (ID#223)

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

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

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

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

New South Wales

1 Principal firm,  Western Sydney  $750,000 in fees (ID#152) - sold 12/22

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 $204,000 in fees (ID#216) - sold 11/22

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

1 Principal firm,  Regional North Victoria  $1,132,000 in fees (ID#199 - sold 01/23

1 Principal firm, South Melbourne $620,000 in fees (ID#204) - sold 11/22

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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