DMY Associates
Another New Listing, Selling by Christmas
DMY Associates

Welcome to this week's Market Update where we are delighted to introduce another speciality audit practice based in Brisbane that we are listing for sale: 

1 Principal firm, Brisbane $302,000 in fees (ID#269)

Coincidentally we have sold two Brisbane-based audit practices in the last few months, so we know there is strong demand for these stable fees and easy to manage practices. If this looks like a good fit, don't delay in registering your interest via the website listing.

As a reminder we also listed a high quality Perth accounting practice last week: 2 Partner firm, Perth $835,000 in fees (ID#271). There is a growing level of interest and we are already talking to buyers keen to meet with the Vendors. Move on this one quickly if it looks a good fit and you haven't yet registered your interest.

I (Mark) am currently in Sydney meeting with practice owners and clients, and attending tomorrow's CPA Public Practice Forum New South Wales. Practice owners are generally optimistic and reporting strong FY23 results, but their number one issue, consistently, is finding enough good people to complete all the client work in a timely manner and still have capacity to grow. It's a significant challenge and one we see continuing for the foreseeable future, reinforcing the importance of building a strong culture and being proactive in retaining good performers. 

For anyone wanting to sell by the end of the year there is still plenty of time, but you will need to get started soon. To discuss your options and the best way forward, reach out to us below: As our latest Market Data indicates, you should feel confident of achieving a successful sale, with a strong commercial outcome and a good new home for your clients and team.

You can also read what former DMY clients have to say about us here: Testimonials.

See you out there!

Mark and Daniel,

DMY Associates
DMY Associates

1 Principal firm, Melbourne Inner North fees of $1.040,000 in Accounting and $200,000 FP (ID#218) - sold 07/23

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

Phone: 03 9448 2308

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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