Reminder - New Listing, DMY Insights in Financial Review

Welcome to this week's Market Update, the first for FY24.

Firstly a reminder that we listed a terrific 1 Principal firm, South East Queensland  $850,000 in fees (ID#157) in our last Market Update. It may have been missed by some in the hectic run up to 30 June. If it looks like a good fit don't delay in registering your interest via the website listing. 

Also, DMY appeared in the Financial Review last week sharing our insights on the market for buying and selling accounting practices including the impacts of COVID, the massive number of buyers chasing a far smaller number of sellers, and the key to a successful sale outcome for both parties.

 

 

Click here to see the full article: https://campaigns.arosoftware.com/view/dmy/776960?ct=https%3A%2F%2Flnkd.in%2FgUH-tT-g

We have had three more clients sign their contracts of sale in the last two weeks and a 2 Partner firm, Melbourne Eastern Suburbs $1,000,000 in fees (ID#205) execute a Heads of Agreement with a preferred buyer. We can’t remember a period as productive as the last three months for clients making such substantive progress on their practice sales. It certainly bodes well for practice owners looking to sell in FY24. 

In fact, now is the perfect time to start your own sale process if you want to achieve a successful outcome by Christmas. 

It pays to choose an Advisor and Business Broker with a strong track record of results and we are confident that DMY's reputation as a trusted advisor and proven sale process is unsurpassed in the market for delivering sellers a great outcome and great value. Reach out to us now for a confidential discussion if you are ready to start the process or would like to know more.

See you out there!

Mark and Daniel

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

1 Principal firm, South East Queensland  $850,000 in fees (ID#157)

Queensland

1 Principal firm, South East Queensland  $850,000 in fees (ID#157)

1 Principal firm, Regional Queensland $930,000 in fees (ID#236)

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

South Australia

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

Victoria

1 Principal firm, Regional Victorian City $1,350,000 in fees (ID#192)

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

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

2 Partner firm, Melbourne Eastern Suburbs $1,000,000 in fees (ID#205)

1 Principal firm, Sydney $860,000 in fees (ID#129)

1 Principal firm. Melbourne $372,000 in fees (#259)

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

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

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

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

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

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

1 Principal Audit firm, Brisbane Qld $400,000 in fees (ID#153) - sold 05/23

1 Principal firm, Brisbane South East $1,055,000 in fees (ID#231) - sold 04/23

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, Melbourne - Inner North $560,000 in fees (ID#243) - sold 07/23

2 Partner firm, Melbourne South $1,200,000 in fees (ID#226) - sold 07/23

1 Principal firm,  Regional Gippsland Victoria $1,300,000 in fees (ID#162) - sold 06/23

1 Principal firm, Melbourne Inner South East $630,000 in fees (ID#57) - sold 05/23

1 Principal firm, Melbourne Inner Suburbs $430,000 in fees (ID#200) - sold 03/23

1 Principal firm. Melbourne East Fees of $448,000 Accounting and $294,000 (ID#209) - sold 02/23

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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