Regional Opportunities, Merging to Fuel Your Next Wave of Growth

Welcome to this week's Market Update where we have another new accounting practice for sale, this time in Regional South Australia. 

2 Principal Accounting Practice, South Australia Regional $1,100,000 in fees (ID$285)

This long-established practice has stable fees and a loyal and diverse client base of primarily small businesses and offers an attractive lifestyle for anyone looking to relocate to a vibrant community in a beautiful location and/or an Adelaide firm (or beyond) looking to grow a regional presence.

If it looks like a good fit, register your interest via the website listing.

This is our second lifestyle opportunity in as many weeks after we listed a NSW Regional South Coast accounting practice last week where two Principals, aged in their forties, are looking to sell a one third share and bring in an additional Principal to balance their workload and help fuel the next wave of growth. In case you missed it, here is a reminder:

2 Principal Accounting Practice, NSW Regional South Coast $1,200,000 in Fees (ID#133)

Practice sales can occur for many reasons. An increasing trend we are seeing is for entrepreneurial practice owners, who have successfully grown their practice to its limits on their own, are looking to merge with a like-minded practice to fuel their next wave of growth. These practices will receive strong interest from blue chip buyers who are attracted to the high quality of the practice owner, their people and their clients. DMY has recently achieved a successful merger for a $2.8m Brisbane accounting practice in this position and our marketing campaign generated interest from 50 of the leading practices across South-East Queensland. The successful party offered a great cultural fit and close strategic alignment. Reach out to us below if you are weighing up your future growth options and would like to find out more.

Elsewhere we have been busy this week compiling our latest six-monthly release of Market Data including selling prices, levels of buyer activity, retention levels and much more. We are seeing continued strength in selling prices for both metro and regional based practices and no letup in demand. Stay tuned for all the detail in our next Market Update!

Continuing our South Australia theme, Daniel will be visiting Adelaide next week to participate in CPA Australia’s Public Practice Forum South Australia which we are delighted to be sponsoring. Be sure to say hello if you are attending or otherwise reach out via the email address below as Daniel is in town for a few days and still has time available if you’d like to catch up for a confidential discussion on the market and your own situation.

See you out there!

Mark and Daniel

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

2 Principal Accounting Practice, South Australia Regional $1,100,000 in fees (ID$285)

2 Principal Accounting Practice, NSW Regional South Coast $1,200,000 in Fees (ID#133)

Queensland

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

1 Principal Bookkeeping Practice Brisbane $152,000 in fees (ID#279)

2 Principal Accounting Practice Sunshine Coast $1,150,000 in fees (ID#275)

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

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

South Australia

2 Principal Accounting Practice, South Australia Regional $1,100,000 in fees (ID$285)

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

New South Wales

2 Principal Accounting Practice, NSW Regional South Coast $1,200,000 in Fees (ID#133)

Victoria

1 Principal Accounting Melbourne North Eastern $450,000 in fees (ID#237)

2 Principal Accounting Melbourne Outer South East $,1,600,000 in fees (ID#48)

1 Principal Accounting Practice, Regional

Western Australia

1 Principal SMSF Administration Practice Western Australia $712,000 in fees (ID#278)

2 Principal Accounting Practice, Melbourne South-East $1,163,000 in fees (ID#257)

3 Principal firm, Gippsland Victoria $1,850,000 in fees (ID#208)

2 Principal Accounting Practice, Perth $835,000 in fees (ID#271)

1 Principal Accounting Practice, Melbourne Inner East $632,000 in fees (ID#273)

1 Principal SMSF Audit Practice Brisbane $302,000 in fees (ID#269)

New South Wales

1 Principal Accounting Practice, Sydney $860,000 in fees (ID#129)- sold 07/23

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

2 Principal Accounting Practice, Sydney CBD ~$950,000 in fees (#SM424) - sold 07/21

2 Principal Accounting Practice, Regional NSW & Sydney ~$2M in fees (#SM408) - sold 04/21

2 Principal Bookkeeping Practice, Sydney ~$$450,000 in fees (#SM428) - sold 04/21

1 Principal Accounting Pratcie Sydney South ~$398,000 in fees (#SM411) - sold 05/20

ACT

1 Principal Accounting Practice, ACT ~$870,000 in fees (ID#112)  - sold 10/21

Queensland

1 Principal Accounting Practice, Brisbane South $675,000 in fees (ID#217) - sold 10/23

2 Principal Accounting Practice, Brisbane Inner Suburbs $2,800,000 in fees (ID#195) - sold 10/23

1 Principal Audit Practice, Brisbane Qld 540,000 in fees (ID#227) - sold 05/23

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

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

1 Principal Accounting Practice, Brisbane South $204,000 in fees (ID#216) - sold 11/22

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

1 Principal Accounting Practice, Brisbane North $1,600,000 in fees (ID#190) - sold 09/22

1 Principal Accounting Practice, Brisbane South $714,000 in fees (ID#188) - sold 08/22

1 Principal Accounting Practice, Brisbane North West $263,000 in fees (ID#175) - sold 07/22

1 Principal Accounting Practice, Queensland Northern Gold Coast ~$730,000 in fees (ID#125) - sold 04/22

1 Principal Accounting Practice, Gold Coast - Qld ~$900,000 in fees (ID#86) - sold 02/22

1 Principal Accounting Practice, Queensland North of Sunshine Coast ~$540,000 in fees (ID#126) - sold 12/21

1 Principal Accounting Pratice, Brisbane North ~$1,200,000 in fees (SM407) - sold 08/21

1 Principal Accounting Practice, Brisbane ~$1,448,000 in fees (SM409) - sold 09/20

2 Principal Accounting Practice, Brisbane ~$2,133,000 in fees (#SM410) - sold 07/20

South Australia

1 Principal Accounting Practice, Port Adelaide, SA $425,000 in fees (ID#84) - sold 06/22

1 Principal Accounting Practice, ~$515,000 in fees (#SM405) - sold 05/21

Victoria

2 Principal Accounting Practice, Melbourne Eastern Suburbs $1,000,000 in fees (ID#205) - sold 10/23

1 Principal Accounting Practice, Mornington Peninsula $1,000,000 in fees (ID#98) - sold 08/23

1 Principal Accounting Practice. Melbourne $372,000 in fees (#259) - sold 08/23

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

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

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

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

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

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

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

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

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

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

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

1 Principal Accounting Practice, Melbourne West ~$700,000 in fees (ID#122) - sold 05/22

1 Principal Accounting Practice, Melbourne North ~$300,000 in fees (ID#127) - sold 03/22

1 Principal Accounting Practice SE Gippsland ~$430,000 in fees (#SM401) - sold 01/22

1 Principal Accounting Practice, Melbourne Inner South East ~$555,000 in fees (ID#123) - sold 12/21

1 Principal Accounting Practice, Melbourne South East ~$1,360,000 in fees (ID#116) - sold 11/21

1 Principal Accounting Practice, Regional NE Victoria ~$1,000,000 in fees (#SM427) - sold 11/21

1 Principal Accounting Practice, Geelong region ~$495,000 in fees (ID#117) - sold 10/21

1 Principal Accounting Practice, Melbourne CBD ~$1,250,000 in fees (ID#96) - sold 09/21

 1 Principal Accounting Practice, Melbourne South East ~$540,000 in fees (ID#105) - sold 06/21

1 Principal Accounting Practice, Melbourne Inner North ~$360,000 in fees (ID#413) - sold 06/21

1 Principal Financial Planning Practice, Mornington (#SM403) - sold 07/20

2 Principal Bookkeeping Practice Melbourne/National ~$1,100,000 in fees (#SM404) - sold 06/20

1 Principal Accounting Practice, Melbourne Inner North ~$800,000 (#SM417) - sold 12/20 

1 Principal Accounting Practice, 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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