Welcome to October Newsletter

 


Accounting & Bookkeeping practices are in demand

It has been a busy year in the Accounting & Bookkeeping practice broking market with high demand from interested purchasers still the norm. For practices in metropolitan & regional Australia it remains a seller's market, this demand presents excellent opportunities for potential Vendors.

The current areas of high demand for Accounting & Bookkeeping practices include:

  • Canberra
  • Sydney
  • Adelaide
  • Perth
  • Rockhampton & Mackay
  • South East Queensland
  • Melbourne

Any practice in these regions with fees of $1M plus are attracting high demand from our registered purchasers.

There is also constant and ongoing demand for practices in all regional and capital cities generating fees from $500K plus.

Current practices for Sale include:
Rural practice South East Queensland $1.7M
Gold Coast $2M Audit & Tax practice
Cairns $760K
Melbourne Inner South East $950K 
Shepparton $790K
Warwick $600K

See all practices for 
sale.

Recent Sales achieved include:
Sunshine Coast $3M practice
Brisbane Inner North - $1.2M tuck-in 
Canberra $1.25M Bookkeeping practice - SOLD OFF MARKET
Victoria - North East $700K
Canberra $975K Tax practice
Gold Coast $1.55M - SOLD OFF MARKET


Off market sales:
We are in regular and ongoing discussions with Vendors in both metropolitan and regional Australia and with the current high demand a high percentage of practices don’t get to market as we already have interested purchasers registered with us acquiring them quickly.

If you are an interested purchaser and in acquisition mode, 
Contact Us to register your interest, simply advise us of your preferences (which includes fee size, location, staffing etc.). If we haven’t got it listed for sale, we may already be in discussions with a Vendor whose practice meets your requirements.

Click here to view all recent sales including those that were sold Off Market

If you have any questions on the current market conditions, This email address is being protected from spambots. You need JavaScript enabled to view it. for a confidential discussion or book a Zoom or telephone call meeting with us.
 

Getting your practice "Sale Ready"

The high demand for Accounting & Bookkeeping practices presents a favorable market for sellers, but success depends on careful planning and being well prepared. If you are considering your sale options for 2024 and beyond and would like advice on how to get your practice "Sale Ready", we can assist.

We will take the time to discuss your intentions to sell and goals for selling your practice. We 
will guide you through the entire process including timelines, sale contracts, transition periods, finding the purchaser who is the right "fit" and more.
 
This email address is being protected from spambots. You need JavaScript enabled to view it. for a confidential discussion or book a Zoom or telephone call meetingWe are committed to helping you make the most of the high demand of accounting practices in this market.

Upcoming Events
Quinn & Associates are proud sponsors & exhibitors at the upcoming IPA National Conference being held at the Four Seasons hotel in Sydney from 28 November to 01 December 2023. 

If you are attending, drop by for a chat. If you would like a confidential discussion, please contact us directly to arrange a mutually convenient meeting time during the conference.
 
Upcoming Events
We are proud sponsors & exhibitors at the upcoming IPA Conferences around Australia and are attending the following events:
South Australia, Barossa Valley - 24 & 25 March
Sydney, Coogee Beach – 31 March – 01 April
Queensland, Sunshine Coast – 21-22 April
Victoria, Marysville – 28-29 April


 
If you are attending any of these events, come and say Hi. If you would like a confidential one-on-one discussion regarding the sale of your practice, contact us in advance and we can arrange a suitable time to meet.
 
Quinn & Associates
Tel: 1300 784 888
E: This email address is being protected from spambots. You need JavaScript enabled to view it.
 
Vivienne Quinn            This email address is being protected from spambots. You need JavaScript enabled to view it.
Chris Clifford               This email address is being protected from spambots. You need JavaScript enabled to view it.
John McCulloch            This email address is being protected from spambots. You need JavaScript enabled to view it.