With Victoria, NSW and large parts of Queensland under lockdown it continues to be a challenging time for many, but that hasn't stopped continued good progress for a number of our clients across the country.
We will keep this week's newsletter brief. In summary, in the last two weeks:
* A Sydney client has Settled - 2 Partner firm, Sydney CBD ~$950,000 in fees (#SM424)
* A Brisbane client has executed their Contract of Sale and will settle next week - 1 Principal firm, Brisbane North ~$1,200,00 in fees (#SM407)
* A Victoria client has executed a Heads of Agreement with the preferred Purchaser - 1 Principal firm, Geelong region ~$495,000 in fees (ID#117).
For our Victoria client, their practice has only been listed 48 days and had over 50 interested buyers from which it was able to find a purchaser with a very strong cultural fit.
In addition we have signed up three new practices for sale across Queensland and Victoria who will be coming to market over the coming month. Stay tuned!
As always, feel free to reach out to email@example.com or firstname.lastname@example.org for a confidential discussion about the state of the market and what it may mean for you individually.
We'd also love to connect with you on LinkedIn. You can follow DMY here DMY LinkedIn.
Daniel and Mark