2021 has seen unprecedented demand from buyers. Historically low interest rates are allowing firms to achieve growth through acquisition.
We have buyers with approved finance who are willing to pay up to $1.20 for the right fee mix. Most sellers will have multiply buyers and options on how they exit their business.
Merger of $4million multi-office QLD practice with a large interstate buyer (price not disclosed).
$2.3 million business services practice sold at $2.9 million
$350K practice sold 85 cents in the $1 + long term lease and ongoing employment for the vendor on a part-time basis.
$100K of Bookkeeping fees sold $1 for $1.
$40k of SMSF Audit fees sold 95C in the $1.