How To Successfully Sell Your Practice By The End Of 2026

 

Published May 2025

🔶 "I want to sell my accounting practice but I'm too busy" 🔶

These are common words from practice owners at this time of year when lodgement deadlines are looming and tax planning is kicking off. 

Trying to sell your practice when you are busy can feel daunting. The good news is that, in today’s market and with our massive network of buyers, DMY are seeing the majority of our practice sales take less than 90 days from listing through to a signed Heads of Agreement. 

If you want to sell your practice in 2026, here’s a step by step guide to give you the clarity and confidence that you still have time to achieve this goal. 

Step 1: Get Informed (May / June)

Reach out to DMY for a confidential discussion regarding your situation:

  • We will answer all your questions
  • You will see our latest Market Data and insights on practice sales
  • Using a robust methodology, we will give you a realistic view on what your practice can sell for in the current market

You will finish this first step feeling informed and confident of the way ahead.

Step 2: Engagement and Mobilisation (June/July)

Once formally engaged we can hit the ground running with you

  • We will prepare a high quality Information Memorandum to showcase your practice
  • This will include your FY26 financial results
  • We will also spend time with you understanding what’s really important to you so we can find the right buyer faster

You will finish this step energised and ready to start meeting buyers.

Step 3: In Market (August - October)

This is where the rubber hits the road.

  • We will vet the strong interest that you are likely receive for your practice (With our massive buyer network, DMY receive well over 50 enquiries per listing in metro locations)
  • You will start meeting buyers and, with our support. work your way down to a preferred buyer based on cultural fit and commercial alignment
  • We will prepare a Heads of Agreement with your input that you will execute with the preferred buyer

You will finish this step knowing who your buyer is and the key commercial terms agreed.

Step 4: The Home Straight (November - December)

Our support to you continues through this all important final stage. 

  • We will help you navigate through due diligence
  • You and your lawyer will agree a sale contract with the buyer (with DMY providing support to address any hurdles along the way)
  • We will provide insights to set you up for a successful handover and first 90 days and beyond

You will finish this step ready to settle and feeling confident about your upcoming transition.

 

To take that all important first step reach out to us below for a confidential discussion.

 

Mark Emney

Mobile: 0434 079 530
Email: mark@dmyassoc.com.au

 

Daniel Jones

Mobile: 0401 493 773
Email: daniel@dmyassoc.com.au