Welcome to this week's Market Update.
This week we are delighted to introduce a Hobart practice for sale. If it looks like a good fit, register your interest via the website link below:
Hobart, Tasmania - Accounting Practice $1,200,000 Fees (ID#302)
This established practice is in an attractive lifestyle location and has a strong reputation in its local market. It generates a healthy level of profitability and comes with a growing business client base with strong relationships. The Vendors are transitioning to retirement but open to staying on from between twelve months and three+ years.
DMY is a national business and, for the first time, we concurrently have practices for sale across six States of Australia. This is a natural result of our ongoing investment in expanding DMY's networks of practice owners and industry players. On the theme of running a national business, Daniel has just returned from a busy couple of days meeting with practice owners in Brisbane and I (Mark) will be heading up to Sydney in early May. If any Sydneysiders are thinking of selling, and keen to meet up for a coffee and confidential conversation, reach out to me below.
Meanwhile, in case you missed it last week or haven't had time to respond yet, the Northern River Region accounting practice that we listed for sale has starting seeing enquiries come through from a number of interested parties. There's still plenty of time but don't delay in registering your interest directly via the website listing if it looks like a good fit.
Northern River Region NSW - Accounting Practice $800,000 Fees (Partial sale or merger) (ID#306)
On a final note, DMY has supported dozens of practice owners with the sale of their practices over the last few years, and feelings of anxiety amongst owners are common. Understanding when these anxious feelings are most likely to occur, and how to best manage them, can lead to a less stressful experience and better outcome. Check out our article here on Dealing with anxiety through the sale process and reach out if you would like to discuss further.
See you out there!
Mark and Daniel
mark@dmyassoc.com.au daniel@dmyassoc.com.au
Helping sellers of accounting and bookkeeping practices achieve their best life.
